Republican lawmakers' quest to permanently extinguish the Export-Import Bank of the U.S. has been a “foolish” exercise that has only been exacerbated by the recent downward plunge in the value of China's currency, former Ex-Im President and Chairman James A. Harmon tells Law360.
The California Assembly on Wednesday approved a measure requiring the state’s public pension funds to divest from holdings in thermal coal, sending the bill to Democratic Gov. Jerry Brown’s desk.
An Ohio federal judge on Tuesday tossed a landowner suit accusing Chesapeake Energy Corp. and others of illegally taking their land for fracking, finding the plaintiffs must wait until state regulators have ruled whether the companies could drill.
A southeast Florida city's interests are adequately represented by the Federal Highway Administration in an environmental lawsuit seeking to block a local bridge from being built and it thus should be barred from intervening as a defendant in the case, a Florida federal judge ruled Wednesday.
Puerto Rico's public power utility announced on Wednesday that it has reached a deal with a bondholders group to trim $670 million in debt by exchanging new notes for outstanding bonds, the first agreement the utility has reached with a significant group of financial stakeholders.
The D.C. Circuit on Tuesday again rejected Tri-State Generation and Transmission Association Inc.’s bid to suspend the compliance deadline for one of its Colorado power plants under a recently nixed U.S. Environmental Protection Agency rule limiting mercury and other toxic emissions.
A Netherlands-based oil and gas developer co-owned by ExxonMobil Corp. and Royal Dutch Shell PLC must pay property owners damages for property value declines because of earthquakes linked to gas production, even if there aren't any physical damages, a Dutch court ruled Wednesday.
A federal judge ordered the U.S. Securities and Exchange Commission on Wednesday to stop dragging its heels on a rule outlined under the Dodd-Frank Act that will force oil, gas and minerals extractors to report when they make payments to foreign governments.
Over the years, community benefits packages have played an increasingly important role in negotiations for large-scale stadium projects and even smaller practice facility developments. These deals are far from boilerplate, but a look at recent packages reveals the topics that are often top of mind when crafting these proposals. Here, Law360 takes a look at what's been placed on the table for four of this year's hotly negotiated deals.
European antitrust regulators have given their blessing to Royal Dutch Shell PLC's $70 billion cash-and-stock takeover of BG Group PLC, Shell said on Wednesday, bringing the energy megadeal one step closer to completion, with antitrust regulators in the U.S. and other nations having already signed off on it.
SolarCity Corp. has created a new fund that will allow it to finance $400 million in solar projects, the renewable energy company announced on Tuesday.
Utility giant Southern Co. on Wednesday made its second big splash in the California solar market this week, buying a controlling stake in a 300-megawatt solar farm from solar developer First Solar Inc.
Delaware and Maryland utility regulators have filed a complaint with the Federal Energy Regulatory Commission, saying that residents of their states will bear an unfair amount of costs related to a $275.5 million transmission line from a nuclear power plant in New Jersey.
A New Mexico federal judge Tuesday said his previous work involving uranium mines as a U.S. attorney shouldn’t affect his judgment in a $7.2 million environmental cleanup suit seeking reimbursement from the federal government.
The Electric Power Supply Association and other power providers told the U.S. Supreme Court that the Federal Energy Regulatory Commission overstepped its authority in requiring that consumers be paid for using less power during high-demand periods.
Organizers for the 2020 Olympics in Tokyo ditched its official logo Tuesday amid accusations that the symbol was plagiarized, marking the latest planning setback since Japan abandoned designs for the summer games’ stadium over cost concerns.
Lifting the decades-old ban on crude oil exports could increase U.S. oil and gas production yet potentially lower gasoline prices for consumers, according to a U.S. Department of Energy report issued Tuesday.
Environmentalists challenging energy companies' ability to look for oil and gas off Alaska's northern coast have asked an Alaska federal judge to find the U.S. government violated the National Environmental Policy Act by not considering new information when it reaffirmed leases in the Chukchi Sea.
The U.S. Environmental Protection Agency urged the D.C. Circuit to nix petitions aiming to block its Clean Power Plan, claiming that state and industry challengers are attempting to bypass proper judicial review of the controversial regulations slashing carbon emissions from existing power plants.
Nebraska residents living in the path of TransCanada Corp.’s proposed Keystone XL pipeline project told a state judge on Monday that a state law unconstitutionally allows the foreign pipeline company to use eminent domain, the latest volley in a long-running dispute.
Native American tribes have a long history of partnering with private enterprises, including developers and lenders, to develop gaming facilities, energy generation facilities and other projects on tribal lands, but these opportunities come with their own unique considerations, say attorneys at Latham & Watkins LLP.
On Aug. 6, 2014, the United States and the European Union implemented various sanctions targeting the Russian energy sector’s ability to develop long-term exploration and production projects. The addition of a Gazprom oilfield to the U.S. sanctions list on Aug. 7, 2015, shows that Russian energy sanctions continue to evolve with no clear end in sight, say attorneys at Akin Gump Strauss Hauer & Feld LLP.
Not only have oil and gas operators utterly lost the ability to secure drilling permits to develop shale assets in New York due to a statewide ban, but now the New York Court of Appeals and Second Circuit have compounded this injury by affirming the termination of state oil and gas leases at the expiration of their primary term, says Yvonne Hennessey of Barclay Damon LLP.
After many years of waning significance, the Public Utility Regulatory Policies Act of 1978 has reignited as a useful tool for renewable energy and cogeneration project developers. But before negotiating a power purchase agreement of any type, developers, lenders and investors should understand their rights under PURPA, says Daniel Simon at Stroock & Stroock & Lavan LLP.
While the U.S. Environmental Protection Agency's proposed rule for methane emissions has received the bulk of media attention, another proposed rule on the aggregation of multiple surface sites into a single source for air-quality permitting purposes may have as much or more of a direct impact on oil and gas operations, say attorneys at Jackson Walker LLP.
While some advocates of renewable energy have characterized the Tenth Circuit's ruling in Energy & Environment Legal Institute v. Joshua Epel as an endorsement of states adopting renewable portfolio standards, that is not the case. The Commerce Clause may not bar states from favoring one energy technology over another, but it does bar states from favoring in-state over out-of-state competitors, says Harvey Reiter of Stinson Leonard Street LLP.
The U.S. Federal Highway Administration has issued a notice of proposed rule-making that should help to institutionalize the construction manager/general contractor method for contracting — which has been in use by the U.S. transportation industry since the early 2000s — while keeping in mind the complications of using innovative contracting on federal projects, says Ann-Therese Schmid at Nossaman LLP.
Despite the rapidity of recent changes that have affected Saudi Arabia's energy sector, the basic legal framework remains unaffected. Under the kingdom's current government, it appears the country's petroleum policy will be directed both externally toward global oil markets and domestically at expanding the nation's economic base, promoting energy efficiency and continuing a drive for greater industrialization, say attorneys at Jones Day.
The U.S. Environmental Protection Agency's recently proposed methane regulations for the oil and gas sector largely build on controls and work practice standards already employed pursuant to existing new source performance standards addressing volatile organic compounds, say Stacie Fletcher and David Schnitzer of Gibson Dunn & Crutcher LLP.
It is a hard truth, but a law degree is a tough thing to have nowadays. Overloaded with thousands of dollars in debt and only a few job prospects that require a law license, many law graduates are looking for ways to manage their careers. We suggest some proven methods to amplify and accelerate your job search, says Mark Newall of Essex Partners Legal.