Energy

  • August 27, 2014

    EQT Avoids Attys' Fees In Fracking Suit With Subcontractor

    An Ohio federal judge on Tuesday refused to reconsider an order finding that natural gas well owner EQT Production Co. must defend its drilling subcontractor in settled litigation over alleged fracking fluids contamination, but let EQT off the hook providing Warren Drilling Co. Inc. attorneys’ fees in the immediate suit.

  • August 27, 2014

    ATP Trustee Sues Insurer For Deepwater Horizon Defense

    The Chapter 7 Trustee for defunct ATP Oil & Gas Corp. filed an adversary suit in Texas federal court on Tuesday against Water Quality Insurance Syndicate, seeking defense and indemnity for a suit launched by the United States against ATP after the 2010 Deepwater Horizon oil spill.

  • August 26, 2014

    DC Circ. Nixes FERC Ruling In Grid Connection Cost Dispute

    The Federal Energy Regulatory Commission didn’t justify its decision that a New Jersey power developer had to pay charges to hook up with PJM Interconnection based on a provision in the grid operator’s tariff that was revised before the parties actually signed an agreement, the D.C. Circuit said Tuesday.

  • August 26, 2014

    Butamax Denied Attys' Fees In Gevo Patent Row

    A Delaware federal judge on Tuesday refused to award attorneys’ fees to the BP PLC and DuPont joint venture Butamax Advanced Biofuels LLC, finding that its victory in a recent infringement suit over technology for an ethanol fuel alternative wasn’t exceptional.

  • August 26, 2014

    2nd Circ. Won't Rehear Pemex's Tossed $160M Bribery Suit

    The Second Circuit on Monday declined to grant a panel rehearing to Petroleos Mexicanos and Pemex-Refinacion over the court's dismissal of a $160 million lawsuit alleging Siemens AG and SK Engineering & Construction Co. Ltd. bribed Mexican government officials to secure a refinery construction contract.

  • August 26, 2014

    Cheniere Defends Vote Count For Executive Stock Grants

    Cheniere Energy Inc. told a Delaware Chancery Court judge Tuesday that the company correctly tallied shareholder votes that allowed it to dole out stock grants that were part of the $300 million in compensation it paid CEO Charif Souki and five other executives over the past two years.

  • August 26, 2014

    Bracewell Atty's Lie To Judge Sinks Drilling Patent Case

    A Texas federal judge on Monday threw out a patent infringement suit Tesco Corp. was pursuing against National Oilwell Varco LP and other oilfield service companies after finding that a Bracewell & Giuliani LLP attorney misled the court about potentially damaging evidence.

  • August 26, 2014

    Enduring Must Pay Ex-Owners Of Sold-Off Oil-Gas Assets

    A Texas appeals court on Tuesday reversed a trial court and ruled that Enduring Resources LLC is responsible for paying the former owners of certain Eagle Ford oil and gas assets in connection with a $1.26 billion deal, as opposed to the companies that subsequently bought the leases.

  • August 26, 2014

    US, Chilean Navies Continuing Joint Biofuel Research

    The U.S. Navy and the Chilean Navy said Monday that they will pursue biofuel research for their ships and aircraft together, extending a four-year collaboration as the U.S. Navy continues to lead the American military's use of renewable energy.

  • August 26, 2014

    ExxonMobil Pays $1.4M To Settle Feds' Pipeline Spill Suit

    ExxonMobil Pipeline Co. has agreed to pay a $1.4 million civil penalty for allegedly violating the Clean Water Act in a 2012 crude oil spill near Torbert, Louisiana, the U.S. Department of Justice and the U.S. Environmental Protection Agency announced Tuesday.

  • August 26, 2014

    Clean Energy Cos. Pump $500M Into Mexican Solar Projects

    Clean energy company Greenwood Energy and renewable energy project developer Ilioss have said that they will invest $500 million into a number of solar projects in Mexico that will provide the country with renewable, relatively cheap energy.

  • August 26, 2014

    Deepwater Class Wants To Drop Date Limit On Medical Claims

    A group of claimants in ongoing medical benefits class action litigation related to the BP PLC Deepwater Horizon disaster asked a Louisiana federal judge to reconsider a ruling that would disqualify them from participating in a settlement if their illness was diagnosed after a certain date.

  • August 26, 2014

    GAO Finds Few Issues With Obama Carbon Cost Methodology

    The U.S. Government Accountability Office found little to criticize about the process used to decide the Obama administration’s controversial new social cost of carbon calculation, which is used to determine benefits of greenhouse gas emissions reductions, according to a report issued Monday.

  • August 26, 2014

    DC Circ. Revives Suit Over Mining At Historic Battleground

    The D.C. Circuit on Tuesday revived an effort to protect the Blair Mountain battlefield in West Virginia from coal mining by reinstating its historical landmark designation, finding a group of environmentalists and preservationists have standing to pursue the case.

  • August 26, 2014

    Ex-Mahalo Energy Attys Denied Sanctions Against Trustee

    An Oklahoma federal judge declined Monday to sanction a bankruptcy trustee for reasserting questionable malpractice claims against a partner and former partner of Canadian law firm Burnet Duckworth & Palmer LLP over debt deals that felled Mahalo Energy Ltd.’s American subsidiary.

  • August 26, 2014

    NRC OKs Revised Waste Rule, Lifts Licensing Freeze

    The U.S. Nuclear Regulatory Commission on Tuesday approved a revised rule for storing spent fuel at nuclear power plants two years after the original rule was nixed by the D.C. Circuit and lifted its freeze on licensing proceedings, including license renewals.

  • August 26, 2014

    Cone Midstream Latest Energy Co. To Tap Public Markets

    Cone Midstream Partners LP, a master limited partnership created by Consol Energy Inc. and Noble Energy Inc. to operate assets in the Marcellus Shale, is planning a $350 million initial public offering, making it the latest oil and gas company to flirt with the public markets this summer.

  • August 26, 2014

    Pa. Appeals Court Revives Gas Pipeline Location Row

    A divided Pennsylvania Superior Court panel on Monday revived a lawsuit brought by a subsidiary of the Williams Companies Inc. against two landowners who won't allow the company to construct a pipeline across their property despite prior agreements.

  • August 26, 2014

    Cimarex Reaps $326M From Texas Oil Acreage Sales

    Energy exploration company Cimarex Energy Co. has signed several agreements resulting in the sale of $326 million in oil and gas assets, the Denver-based company announced Monday, money that will ultimately be used to fund capital investments.

  • August 26, 2014

    Riverstone-led Group Injects $525M Into Norwegian Oil Firm

    Three investment funds have committed a combined $525 million in financing to a recently established oil-exploration and production company that will probe the Norwegian and U.K. continental shelves, private equity firm Riverstone Holdings LLC said Tuesday.

Expert Analysis

  • Tales From The Dark Side Of Emerging Markets

    Kevin Atkins

    The challenges facing investors in emerging markets can increase exponentially when host governments are interventionist and prioritize nationalistic policies over the development of resource wealth, as seen in some transactions in the oil and gas sector, say Kevin Atkins and Rahwa Gebretnsaie of Chadbourne & Parke LLP.

  • As Climate Changes So Does Focus On Methane Emissions

    Andrew R. Wheeler

    Given that the Obama administration has focused almost entirely on carbon dioxide up until now, stakeholders should be prepared for the president to move quickly and aggressively to reduce methane emissions from the natural gas sector in the coming months, say attorneys at Faegre Baker Daniels LLP.

  • Tax-Free REIT Spinoffs Could Be The Next Big Thing

    Thomas A. Humphreys

    Windstream Holdings Inc.’s recent tax-free real estate investment trust spinoff highlights an intriguing option for U.S. corporations — particularly those in the technology, telecommunications or utility sector — as the IRS continues to expand the range of “real estate” assets that can be held by an REIT, say Thomas Humphreys and Matthew Lau of Morrison & Foerster LLP.

  • Russia's Commitment To Int'l Law Will Be Tested By Yukos

    Emmanuel Gaillard

    Whether the Russian Federation complies with the Permanent Court of Arbitration's final award — $50 billion — for its destruction of Yukos Oil Company will demonstrate the extent of the country's commitment to honoring international obligations and the rule of law, say Emmanuel Gaillard and Yas Banifatemi of Shearman & Sterling LLP.

  • Tax Credit Timetable Should Lead The Way For Renewables

    John C. Crossley

    Developers in the renewable energy industry that are able to move quickly now have a clearer path forward for a number of projects that appeared quite risky prior to the recent release of additional guidance on production tax credits from the Internal Revenue Service, says John Crossley of Husch Blackwell LLP.

  • 9th Circ. Permit Ruling Could Affect Projects Nationwide

    Sandra Y. Snyder

    The Ninth Circuit's ruling in Sierra Club v. EPA may have broad implications for the timing of Clean Air Act preconstruction permitting, which may be compounded by a recent D.C. Circuit opinion that could ultimately require the U.S. Environmental Protection Agency to apply this precedent on a national scale, say Richard Alonso and Sandra Snyder of Bracewell & Giuliani LLP.

  • How To Control Risk And Cost Of E-Discovery

    "If you follow the philosophy of saving everything you're just multiplying exponentially the costs and risks of litigation and investigations," says Robert Owen, partner in charge of Sutherland Asbill & Brennan LLP's New York office and president of the Electronic Discovery Institute.

  • EPA Boosts Cellulosic Fuels In Push For Renewables

    Bernadette M. Rappold

    While the nation has a long way to go to meet Congress' renewable fuel mandate for 2022, a recent U.S. Environmental Protection Agency rulemaking has provided a much-needed shot in the arm to the nascent waste-to-energy industry generally, and to cellulosic biofuel producers in particular, says Bernadette Rappold of McGuireWoods LLP.

  • 9th Circ. Questions De Minimis CERCLA Settlements

    Rick R. Rothman

    The Ninth Circuit's decision in Arizona v. Tucson does not change the legal standards for approval of Comprehensive Environmental Response Compensation and Liability Act consent decrees, but it does suggest that courts will be taking a closer look at de minimis settlements, say attorneys at Bingham McCutchen LLP.

  • Get Ready For Calif.'s New Stormwater Permit Regime

    Maureen F. Gorsen

    New facilities need to quickly assess whether they can comply with California’s new Industrial Stormwater Permit rules. If they cannot, they should consider obtaining coverage under the 1997 permit and then transition into the new permit as an existing facility, say Maureen Gorsen and Andrew Brady of Alston & Bird LLP.