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Oil & Gas New Legislation

Jones Day

Vermont Law Requires Energy Companies to Pay for Climate Change Damage

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Vermont passed a first-of-its-kind law requiring energy companies to pay for part of the damages from extreme weather events, but the law likely will face legal challenges....more

K&L Gates LLP

European Union Adopts Legislation to Tackle Methane Emissions

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The Council of the European Union adopted a regulation on the reduction of methane emissions in the energy sector (Regulation). Methane is the second-biggest cause of climate change after carbon dioxide, and in the short term...more

Sheppard Mullin Richter & Hampton LLP

California Climate Change Legislation, Policy and Regulation – 2023 in Review

As we enter 2024, we once again review the most significant legislation, policy changes and regulatory actions with respect to climate change taken by California in the past year. In contrast to 2022, which brought a revamp...more

Porter Hedges LLP

New Texas Legislation that Restricts Owner-Directed Change Order Rights Takes Effect September 1, 2023

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The Texas legislature has passed House Bill 3485 that may limit owner-directed change orders for owner-directed work. The law takes effect September 1, 2023 for contracts entered into on or after September 1, 2023. The...more

Jenner & Block

New York Becomes First State to Pass Natural Gas Ban for New Construction

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On May 2, 2023, New York passed its 2024 fiscal year budget, including a prohibition on fossil fuel equipment and building systems in new construction. The policy will go into effect in 2026 for new buildings not more than...more

Brownstein Hyatt Farber Schreck

Taxation & Representation, Feb. 7, 2023

Debt Limit Negotiations Stall as Treasury Department Begins Extraordinary Measures. On Jan. 19, the U.S. government reached its $31.4 trillion borrowing limit, which was signed into law by President Joe Biden late last year....more

McDermott Will & Emery

Real Estate Update Q1/2023: Neuerungen im Immobilienwirtschaftsrecht

McDermott Will & Emery on

Das neue Jahr 2023 bringt einige wichtige Gesetzesänderungen für die Immobilienbranche mit sich, die Ihre Aufmerksamkeit verlangen. In unserem Real Estate Update werfen wir einen Blick auf ausgewählte Gesetzesänderungen, die...more

Steptoe & Johnson PLLC

Pennsylvania Adds New Royalty Payment Reporting Requirements and Deadlines for Unconventional Oil and Gas

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On November 3, 2022, Pennsylvania Governor Tom Wolf signed Act 153 of 2022, which revises the Oil and Gas Lease Act’s provisions on required disclosures accompanying payments made to royalty owners from unconventional oil and...more

BakerHostetler

California Legislature Passes Bills to Create Regulatory Framework for Carbon Capture Projects

BakerHostetler on

After significant lobbying by California Governor Gavin Newsom, the California Legislature passed a flurry of climate bills last week and approved nearly $54 billion in climate spending. Included in the suite of bills sent to...more

Brownstein Hyatt Farber Schreck

Inflation Reduction Act (IRA) Framework: Energy Policy – Summary and Analysis

On July 27, Sen. Joe Manchin (D-WV) and Senate Majority Leader Chuck Schumer (D-NY) announced a surprise agreement on a roughly $750 billion tax, energy and health care package including $370 billion in energy security and...more

A&O Shearman

UK Introduces Energy Profits Levy on 'Extraordinary Profits' of Oil and Gas Companies

A&O Shearman on

The U.K. Government announced on May 26, 2022 its intention to introduce with immediate effect a temporary Energy Profits Levy (the “Levy”), an additional U.K. Corporation Tax charge at a rate of 25% on the profits of oil and...more

Steptoe & Johnson PLLC

West Virginia Legislature Passes Two Significant Bills Impacting Oil and Gas Development

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On Saturday, March 5, 2022, the West Virginia Legislature passed S.B. 650, and on Wednesday, March 9, 2022, it passed S.B. 694. After lengthy debate, the Legislature passed S.B. 694, which authorizes the West Virginia...more

Bennett Jones LLP

Alberta Proclaims New Legislation to Address Municipal Tax Arrears

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On December 8, 2021, Alberta proclaimed in force Bill 77, the Municipal Government (Restoring Tax Accountability) Amendment Act, 2021 (the Amending Act), which is intended to strengthen municipal budgets following reports by...more

Morgan Lewis

Morgan Lewis Spark Q2 - 2021 - Russian

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Morgan Lewis Spark – это ежеквартальный обзор, освещающий нововведения и изменения российского законодательства, имеющие важное значение для компаний, работающих в российских секторах энергетики и добычи полезных ископаемых....more

Morgan Lewis

Morgan Lewis Spark Q2 2021 - English

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Morgan Lewis Spark is a quarterly update highlighting new and amended Russian legislation of importance to companies operating in the Russian energy and mining sectors. We hope it provides you with a useful tool to navigate...more

Holland & Knight LLP

Mexico Discusses to Revoke Asymmetric Regulation to Pemex

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On April 20, 2021, the Mexican Energy Commission of the Chamber of Representatives (Comisión de Energía de la Cámara de Diputados) held an extraordinary session to present and approve on the same day a bill to reform the...more

Foley Hoag LLP - Environmental Law

When the Music’s Over, Turn Off the Dakota Access Pipeline

Last week, the District of Columbia Court of Appeals affirmed vacatur of the easement issued to the Dakota Access Pipeline by the Army Corps of Engineers. As I noted last month in connection with the Biden Executive Order...more

Jones Day

Saudi Arabia's New Mining Law

Jones Day on

In recent years, Saudi Arabia has witnessed substantial growth in the production of primary, midstream, and downstream mineral and metals products catering to both local and export markets. Currently, as a part of the...more

Gray Reed

Help for the Oil Patch Workforce in These Uncertain Times

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If you have employees, or you are an employee, you should know that Congress has passed and the President has signed the Families First Coronavirus Response Act to address the impact COVID-19 is having on the American...more

Mintz - ML Strategies

Energy & Sustainability Washington Updates — March 2020

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Senate to Take up Bipartisan Energy Bill - Could this finally be the year for a bipartisan energy bill? Perhaps. On February 27, Sens. Lisa Murkowski (R-AK) and Joe Manchin (D-WV), the leaders of the Senate Energy and...more

Bennett Jones LLP

Canada's Attempt to Forever Alter the Constitutional Balance Impeded: Alberta Court of Appeal Rules

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The Alberta Court of Appeal, in a 4-1 decision, has ruled that the federal carbon pricing regime contemplated by the Greenhouse Gas Pollution Pricing Act, SC 2018, c12 s186 (the "Act") is unconstitutional, becoming the first...more

Bracewell LLP

Tax Update from the Texas 86th Legislative Session

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Major tax legislative updates occurred as part of the 86th Texas Legislature: Sales and Use Taxes - Marketplace providers (HB 1525) - Texas, and several other states, have enacted legislation that requires...more

Mintz - ML Strategies

Energy & Sustainability Washington Updates — January 2020

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New Secretary of Energy Sworn in by President Trump - On December 11, President Trump presided over the swearing in of Dan Brouillette to serve as the 15th Secretary of Energy, with Vice President Pence administering the...more

Foley Hoag LLP - Global Business and Human...

Trump Administration's Proposed Prosecution of Pipeline Opponents: Weighing Human Rights Obligations and Congressional Support

The Trump Administration is using the reauthorization of a pipeline safety statute as an opening to insert new provisions that would give U.S. authorities broader latitude to thwart and criminalize the activities of...more

Gray Reed

Was the 86th Texas Legislature Good to the Oil Business?

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The answer depends on what part of “the oil business” you care about. The 86th Legislature produced a few, but not many, changes in laws affecting the business, (most going into effect on September 1). ...more

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