News & Analysis as of

Supply Contracts Energy Sector

Eversheds Sutherland (US) LLP

Why a decision out of Texas might have changed what qualifies as a force majeure event

MIECO LLC v. Pioneer Nat. Res. USA, Inc. - May a seller of energy invoke force majeure to excuse its non-performance under a delivery contract – a contract that obligates the seller to deliver a particular quantity of...more

Clark Hill PLC

Inflation Reduction Act Impacts on Contractor, EPC, and Supply Contracts

Clark Hill PLC on

With $98 billion allocated to renewable energy production over 10 years, the Inflation Reduction Act of 2022 is poised to give renewable energy projects a major capital infusion that will shape contractor,...more

Morgan Lewis

Europe to Pay for Russian Gas in Rubles—Has Anything Really Changed?

Morgan Lewis on

Following Russian President Vladimir Putin's pronouncement that buyers from “unfriendly states” pay for Russian gas in rubles, it has been largely unclear, until recently, what this demand would imply in practice....more

Hicks Johnson

Three Steps Oil and Gas Producers Should Take Now

Hicks Johnson on

In the wake of President Joe Biden’s executive order revoking the Keystone XL pipeline permit, oil and gas producers are bracing for additional actions. In fact, environmental and activist groups are already targeting oil and...more

Allen Matkins

Renewable Energy Update - October 2020 #4

Allen Matkins on

The first major long-duration storage procurement has arrived - Bullet Greentech Media – October 16 - California regulators said this year that the state will need 1 gigawatt of long-duration storage by 2026. But the...more

White & Case LLP

Preliminary Draft of regulatory amendments applicable to self-supply generation permits

White & Case LLP on

On February 13, 2020, the Energy Regulatory Commission ("CRE") made public knowledge of a preliminary draft that proposes to amend the General provisions that establish the terms to request an authorization to modify or...more

Opportune LLP

Thinking Outside the Box: Unconventional Supply Chain Planning

Opportune LLP on

When you think of your supply chain, what do you consider? For a traditional downstream refiner, you may include pipeline, truck, rail and vessel logistics. You may think about where inventory is stored. Do you have a picture...more

BCLP

Ofgem Guidance on the Need for a Supply Licence for Supplying Electricity to Chargepoints and EVs

BCLP on

Ofgem has issued guidance on when a supply licence may be needed for supplying electricity to electric vehicle chargepoints. This article takes a look at the guidance and sets out what it may mean for the EV industry....more

Allen Matkins

Sustainable Development Update - January 2018 #3

Allen Matkins on

Sustainable Development Focus - Water conservation during California drought led to reduced energy use and less pollution - Los Angeles Times - Jan 12 In April 2015, Governor Jerry Brown called on the people of the most...more

Jones Day

France Moves Toward Ending All Regulated Tariffs for Natural Gas Sales

Jones Day on

The Ruling: The Conseil d'État (France's Administrative Supreme Court) has ruled that the public service obligation to supply natural gas at regulated tariffs in France contravened EU law. In particular, it affirmed that no...more

A&O Shearman

Energy Update - May 2017

A&O Shearman on

We are pleased to release the latest issue of our client newsletter, Energy Update, designed to inform clients and friends of the firm about important developments affecting US and international energy markets. ...more

A&O Shearman

Contractual compensation scheme in long-term gas supply agreement excludes common law remedies

A&O Shearman on

Scottish Power UK Plc v BP Exploration Operating Co Ltd & ors [2016] EWCA Civ 1043, 1 November 2016 - The Court of Appeal considered the validity and scope of an industry-standard contractual provision specifying the...more

Stinson - Corporate & Securities Law Blog

CFTC Proposes Guidance Clarifying that Certain Electric Capacity and Natural Gas Peaking Contracts are not “Swaps”

The CFTC has proposed guidance that certain capacity contracts in electric power markets and certain natural gas peaking supply contracts should not be considered “swaps” under the Commodity Exchange Act. The guidance does...more

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