The Consequences Of Rising Inflation & Crude Oil Prices
On August 27, 2024, Brazilian President Luiz Inácio Lula da Silva signed five documents at a ceremony to approve the national energy transition policy: (i) revoking Decree 9.928/19, which established the Technical Committee...more
On March 28, 2024, Brazil’s National Petroleum Agency (ANP) published the mandatory individual targets for reducing greenhouse gas emissions for 2024. These targets consider the global target of 38.78 million Decarbonization...more
Ryan Dusek, Director in the Commodity Risk Advisory Group at Opportune LLP, discusses what the Fed is doing to combat inflation, how inflation is impacting crude oil prices and the broader economy, and more....more
On December 21, 2020, the National Agency of Petroleum, Natural Gas and Biofuels (“ANP”) published (i) Resolution No. 835/2020, which extends the effective term of certain ANP resolutions with measures related to the public...more
Cancelled Teck Oil Sands Project Underscores Global Climate-Energy Policy Tension - "The Frontier project became the latest casualty in oil-producing countries with robust environmental movements agitating to cut...more
Trump Infrastructure Proposal Impacts 'Virtually Every' Federal Decision on Environment: DOI Secretary - "Trump's announcement focused largely on road and highway impacts, but industry groups and environmentalists note the...more
Energy Infrastructure Attacks are ‘Probable’: Oil Traders Fear Supply Disruptions in the Middle East - "A dramatic escalation of geopolitical tensions will most likely result in an unplanned oil supply shortage in the...more
Chevron to Take $10B+ Write-Down - "More than half the write-down is related to gas drilling operations in Appalachia." Why this is important: In recent years, the pressure to reduce carbon emissions has affected...more
Russian, Colombian Competition Continuing to Slow U.S. Thermal Coal Exports - "'Central Appalachian and Northern Appalachian exports remain out of the money for shipment to Europe and Illinois Basin coal has significant...more
This Breakthrough Lithium Extraction Technology Could Accelerate the Sustainable Energy Transition - "A breakthrough nanotechnology from cleantech start-up EnergyX promises to revolutionise the speed, cost and...more
Iraq Would Face 'Wrath of U.S.' if Oil Pipeline Projects with Iran Go Ahead - "Washington would do anything to prevent an Iran-Iraq oil pipeline from ever being built, even if the Europeans were in favor, policy...more
Trump's EPA Grants 31 Small Refinery Waivers from Biofuel Laws, Angering Corn Lobby - "The U.S. Environmental Protection Agency has granted 31 small refinery biofuel waivers for 2018, infuriating the ethanol and corn...more
Federal Appeals Court Vacates Key Atlantic Coast Pipeline Permit - "A federal appeals court has pulled another permit issued to the Atlantic Coast Pipeline, saying the U.S. Fish and Wildlife Service had fast-tracked the...more
Judge Delivers Major Setback to Trump Policy to Increase Coal Mining on Federal Land - "But the court ruling does say that the 2017 Trump administration policy, enacted by former Interior Secretary Ryan Zinke, to overturn...more
Trump to Sign Order Seeking to Clear Gas Pipeline Hurdles - "The administration, which is pushing a policy it calls energy dominance, has been considering an order that would push back against states, including New York,...more
Trump Eyes Action to Limit States' Powers to Block Pipelines - "The Trump administration is considering taking steps to limit the ability of states to block interstate gas pipelines and other energy projects, according to...more
U.S. Global Change Research Program - Fourth National Climate Assessment - "Impacts, risks and adaptation in the United States Report-in-Brief" Why this is important: The assessment posits the U.S. will lose 10 percent of...more
New York Sues Exxon Mobil, Saying It Deceived Shareholders on Climate Change - "The litigation, which follows more than three years of investigation, represents the most significant legal effort yet to establish that a...more
The U.S. Supreme Court Slows Children's Climate Lawsuit - For Now - "In the latest step of a fascinating bit of constitutional law called Atmospheric Trust Litigation, the Chief Justice halted the District Court trial...more
Weekly projects and energy updates in South Africa - Legal and policy certainty required if gas economy is to be realised - Speaking at the Africa Liquefied Petroleum Gas Summit, held in Johannesburg last month, he...more
Our goal is to serve as a leading-edge resource for companies navigating the rapidly evolving landscapes of the domestic and global energy markets. Moore & Van Allen’s EIB Energy Highlights is a complement to our Energy...more
There has been recent action in Congress on issues important to the oil and gas industry. This post provides an overview of the major energy-related bills in Congress. H.R. 538, the Native American Energy Act – On...more
On September 29, 2015, the U.S. Environmental Protection Agency (“EPA” or the “Agency”) promulgated its final Petroleum Refinery Sector Risk and Technology Review (“RTR”) and New Source Performance Standards (“NSPS”) rule...more