The Federal Energy Regulatory Commission declined Monday to grant requests from environmentalists and BP Energy Co. that it withdraw its approval of Dominion Resources Inc.’s $3.8 billion liquefied natural gas export facility in Maryland, finding competition and environmental issues have already been adequately addressed.
A judgment of $15 million in damages entered against Bandier Realty Partners LLC was improper, in part because a Houston businessman allegedly cheated out of buying valuable land near Exxon Mobil Corp.’s future headquarters could not prove the company caused any damage, a lawyer for Bandier told the Houston court of appeals Tuesday.
A proposed class of California consumers accusing a JPMorgan Chase & Co. subsidiary of rigging electricity prices is trying to improperly piggyback off the bank's $410 million settlement with the Federal Energy Regulatory Commission, the bank argued Monday.
Duke Energy Corp. urged a Delaware Chancery judge Tuesday to stay a derivative suit that seeks to hold management liable for a spill that released tons of coal ash into North Carolina's Dan River, saying proceeding with the shareholder action would hamper the power company's ability to defend itself it in other litigation.
Law scholars have told the Fifth Circuit that the National Labor Relations Board’s Murphy Oil USA Inc. ruling — that arbitration agreements barring the gas station chain's workers from pursuing class or collective actions were unlawful — was sound under 1932's Norris-LaGuardia Act.
The U.S. Securities and Exchange Commission on Tuesday filed suit accusing North Dakota Developments LLC of fraud over an alleged $62 million Ponzi scheme selling interests in short-term housing known as “man camps” for workers in the Bakken oil fields of North Dakota and Montana.
Microsoft may bid for cloud-based software giant Salesforce, which has a market value of almost $50 billion, while Mexican oil and gas company Alfa and Harbour Energy may team up to buy Canadian peer Pacific Rubiales Energy for almost $5 billion.
Trade secret claims by Schlumberger Ltd. against its former intellectual property attorney were not barred by the state's anti-SLAPP statute because the communications she had with her new company were of no public interest, a Texas appellate panel was told on Tuesday.
Environmental and Alaska Native groups are asking regulators to prepare a more extensive environmental impact statement regarding Royal Dutch Shell PLC's proposed exploration drilling plan in the Arctic, according to comments filed with the U.S. Bureau of Ocean Energy Management.
A Texas appeals court affirmed Tuesday that a subsidiary of Energy Transfer Partners LP must pay tax on $162 million in stored natural gas, rejecting arguments in the company's bid for en banc reconsideration that the decision was contrary to good public policy.
Honigman Miller Schwartz and Cohn LLP has bolstered its corporate practice in Michigan with the addition of two partners from Kirkland & Ellis LLP and Pillsbury Winthrop Shaw Pittman LLP experienced in private equity, restructurings, mergers and acquisitions, securities and capital markets matters.
Bankrupt James River Coal Co. filed adversary suits Monday in Virginia federal court seeking to claw back $4.9 million from vendors and suppliers whose bills it paid before its bankruptcy, including CSX Transportation Inc.
An international energy and environmental technology company will build a $200 million biorefinery in Nevada to convert municipal solid waste into jet fuel as part of an initiative by the U.S. Departments of Energy, Agriculture and Navy, it said Tuesday.
Enterprise Products Partners LP sold $2.5 billion worth of senior notes Monday, rolling out the offering to refinance debt less than a week after announcing plans to team up with an Occidental Petroleum Corp. affiliate to build a natural gas processing facility in west Texas.
Senate Environment and Public Works Committee members on Tuesday tackled the legal theories for and against the U.S. Environmental Protection Agency’s proposed plan to reduce emissions from power plants, as legal experts faced off and delivered starkly different interpretations of the rule’s legitimacy.
Newly finalized U.S. Department of the Interior regulations show the federal government’s commitment to simplifying tribal economic development by redefining the valuation of oil production from leases on tribal lands and should provide greater stability for oil producers and tribes, experts say.
Four environmental groups on Monday sued Six Flags Great Adventure and the South Jersey town where the park is located, saying the approval of plans to clear 90 acres of forested land to build a solar facility near the park violates state land-use law.
Alstom Power Inc. on Monday asked a federal court to block a request from a former executive of its parent company — who is currently facing Foreign Corrupt Practices Act charges over alleged bribes paid to secure a $188 million power contract — for documents turned over to the government during its investigation.
Private equity-backed Overseas Shipholding Group Inc. is chugging toward a $100 million initial public offering, a debut that would mark the crude oil shipper’s return to the New York Stock Exchange after declaring bankruptcy and delisting in 2012, according to a Monday regulatory filing.
Kansas Gov. Sam Brownback said Monday that conservative groups and the wind industry have struck a legislative deal to make a 20 percent renewable energy mandate nonbinding and define a tax abatement for new projects, in what environmentalists are calling a “gut and go” backroom deal.
While the majority of the Federal Energy Regulatory Commission's members have consistently held a narrow interpretation of FERC’s jurisdictional purview over liquefied natural gas regulation, Chairman Norman Bay’s dissents reflect a much more expansive view. Now that Bay is commissioner, it remains to be seen whether his views will shape FERC policy on LNG, say attorneys at Day Pitney LLP.
With the increase in parallel proceedings and actions based on fraud and other white collar crimes, how to handle a company-related witness invoking the Fifth Amendment is becoming increasingly important in civil trials, say Christopher Casamassima and Gregory Boden of WilmerHale.
Looking ahead to the D.C. Circuit's ruling in Murray Energy Corp. v. U.S. Environmental Protection Agency, the pivotal issue will be whether or not the court reaches the merits and decides them. A decision on the merits would require the court blessing the challengers’ argument that judicial review of the rule — in proposed form — is permissible. Such a decision would create significant precedent in the world of administrative law,... (continued)
The bottom line is that the longer Keystone XL and other pipeline projects are stalled by politics, the more crude oil cars will occupy the tracks between Alberta and the Gulf Coast refineries, with rail playing an increasingly important role for producers and suppliers small and large, says Gabriel Collins of BakerHostetler.
As a result of the U.S. Supreme Court’s ruling in Oneok v. Learjet, wide swaths of conduct continue to be subject to both state energy regulations and generally applicable state laws, including state antitrust laws. It may also subject conduct otherwise permitted by the Federal Energy Regulatory Commission to civil liability, say Jonathan Grossman and Thomas Ingalls of Cozen O'Connor.
The U.S. Department of Energy's recently released Quadrennial Energy Review spells out policy recommendations that were well-received by industry and have generated optimism among lawmakers for a bipartisan energy bill. However, as summer approaches, we can expect political rhetoric to heat up on energy, say Andrew Wheeler and Joshua Andrews of FaegreBD Consulting.
Even if, from a purely political standpoint, Italy’s withdrawal from the Energy Charter Treaty may be interpreted as a negative signal for foreign investors, from a legal perspective such a decision will not have immediate adverse consequences, as investments completed before January 2016 will receive full protection under the ECT, say attorneys from Paul Hastings LLP.
Legislators in Indonesia have recently suggested that all petroleum production operations should effectively be state-controlled, making many foreign investors in Southeast Asia’s largest country fear that their assets could in effect be nationalized or "expropriated," say attorneys with Reed Smith LLP.
Just one day after he assumed his chairmanship at the Federal Energy Regulatory Commission, Norman Bay issued a warning that state laws protecting or favoring in-state transmission providers may violate the Constitution. While Bay noted such violations were a matter for federal or state courts, his statement offers a glimpse of possible FERC priorities under his leadership, says Arthur Adelberg of Hiscock & Barclay LLP.
The Supreme Court of Wisconsin in Acuity v. Chartis Specialty Insurance Co. illustrates that general liability and pollution liability coverages are not mutually exclusive. Rather, where a claim fits the contours of coverage under one policy, the existence of another policy should be of no relevance, say Michael Levine and Matthew McLellan of Hunton & Williams LLP.