Baltimore on Friday asked the U.S. Supreme Court to reject BP PLC's, Chevron's and other energy giants' effort to stop the city's lawsuit seeking to hold the companies liable for climate change-related infrastructure damage from proceeding in state court.
Exxon Mobil will go to trial in Manhattan on Tuesday to fight claims it deceived investors about climate change risks to its business, the culmination of a multiyear, publicly fought battle between New York state and the oil giant. Here's a cheat sheet on what to expect in one of the most significant corporate fraud trials in recent years.
The U.S. Trustee's Office has objected to the litigation releases in bankrupt fracking sand miner Emerge Energy Services LP's plan for Chapter 11, saying they release an excessively-broad range of parties without the affirmative consent of creditors.
A New Mexico federal judge has ruled that the government had jumped the gun in its bid for an early win in multidistrict litigation over the 2015 Gold King Mine spill, saying Utah, New Mexico, the Navajo Nation and others deserve more discovery about the court's jurisdiction over their tort claims.
The D.C. Circuit said Friday INEOS USA LLC doesn’t have standing to challenge tariffs filed for a gas pipeline ownership change that was allegedly done to deny the company’s bid for pipeline access.
An Indiana Republican suggested Friday the Trump administration is improperly denying importers' requests to be excluded from the national security tariffs on steel and aluminum, hinting that the White House is biased in favor of domestic producers.
Pacific Gas & Electric Co. noteholders and wildfire victims have filed a joint alternative to the California utility’s own Chapter 11 plan that would give the noteholders control of the company and victims an additional $6 billion in potential compensation.
Energy company DTE Midstream said Friday it will acquire a natural gas gathering system and related pipeline in Louisiana in a $2.25 billion deal steered by Shearman & Sterling, Dechert, Vinson & Elkins and Kirkland & Ellis.
The Texas Supreme Court on Friday rejected an oil company's request to review whether a $15 million indemnification dispute between it and Apache Corp. belongs in arbitration.
Creditors blasted Pacific Gas and Electric's proposed settlement of subrogation claims stemming from California's 2017 and 2018 wildfires, saying it locks the bankrupt utility into an $11 billion payment to insurers no matter what direction the case takes in the future.
A Mammoth Energy Services Inc. unit has told a Puerto Rico bankruptcy court that an indictment against its former president and a government inspection report shouldn't delay a $216 million payment for restoring electricity in the territory after Hurricane Maria.
Sens. Tina Smith, D-Minn., and Lisa Murkowski, R-Alaska, introduced bipartisan legislation Wednesday aimed at reauthorizing and improving the work of the Department of Energy’s Office of Indian Energy Policy and Programs to ensure it is working effectively for tribal communities.
A lawsuit accusing insurers of failing to honor a Lloyd's of London policy on an erupting Ohio gas well must return to Pennsylvania state court, since the defendants hadn't shown that none of more than 1,800 underwriters on the policy were Pennsylvania citizens, a federal judge ruled Thursday.
An Idaho federal judge blocked the Trump administration's proposed changes to federal protections for the greater sage-grouse on Wednesday, putting the brakes on expanded oil and gas drilling and other projects that would impact the bird's habitat in several Western states.
The U.S. Environmental Protection Agency said Thursday that New York state has failed to prove that hundreds of air pollution sources in nine upwind states are interfering with its efforts to comply with federal ozone standards.
The Federal Energy Regulatory Commission on Thursday largely approved plans by a pair of regional grid operators to make a place for energy storage in their wholesale electricity markets, the first move that implements the agency's landmark energy storage rule enacted last year.
Consumers asked the First Circuit to reconsider a panel decision affirming that the Federal Energy Regulatory Commission's rate-setting authority preempts their proposed class action claiming Eversource Energy and Avangrid Inc. drove up electricity prices by $3.6 billion, saying the appeals court ignored limits to FERC's authority.
An Ohio bankruptcy judge has approved FirstEnergy Solutions Corp.'s $3.3 billion Chapter 11 plan after the company agreed to assume union contracts that had held up plan approval in August.
The Texas Supreme Court should settle a lower court split and undo a $2.1 million sanction against a wind farm company, because state rules don’t allow for awards in excess of attorney fees and discovery expenses when sanctioning discovery abuses, the company told the state’s high court.
Range Resources Ltd. has dropped arbitration proceedings seeking to recoup the $22 million it claims it lost after the Georgian government illegally ended a production-sharing agreement for an oil and gas block in the country.
AT&T and activist investor Elliott are in discussions to end their dispute, Global Infrastructure Partners is on the brink of breaking its own record for largest infrastructure fund ever raised, and Apollo Global has offered to buy technology distributor Tech Data Corp. for $5 billion. Here, Law360 breaks down these and other deal rumors from the past week that you need to be aware of.
Bankrupt pipeline builder Welded Construction LP's suit claiming one of its clients owes $71 million in connection with work Welded did in Pennsylvania on a transcontinental pipeline project will remain in Delaware on a trimmed-down basis, a judge ruled Wednesday.
A California federal judge has granted certification to two limited classes of property owners who say their air quality and groundwater suffered after a 2015 ExxonMobil refinery fire, rejecting arguments from the company that the residents' claims were too disparate to move forward as a class.
A group of five natural gas entities looking to intervene in the dispute over the Keystone XL Pipeline urged a Montana federal court Tuesday to reject challenges to a particular permit for gas pipelines, arguing that if the permits are deemed unlawful it would cause costly delays that would harm utility providers and the public.
Crystallex urged the Third Circuit on Tuesday to keep in place a panel ruling that lets the Canadian miner seize shares in Citgo's parent company, saying the panel correctly found that Venezuela and its state-owned oil company are not separate entities.
Based on an analysis adjusting BigLaw operating income and revenue to account for equity partners and taxes, the profitability of firms is lower than commonly thought, says Madhav Srinivasan at Hunton.
Colorado's federal bankruptcy court recently held that a gas gathering and processing agreement and a salt water disposal agreement were "covenants running with the land," and were not extinguished through a bankruptcy sale. The ruling is welcome news for upstream and midstream companies in the oil and gas space, say attorneys at Davis Graham.
Adoption of internal carbon pricing and the Poseidon Principles climate framework by leading shipping lenders could be the start of financiers incentivizing shipowners to invest in cleaner technologies, says Niovi Antoniou of Reed Smith.
Two recent executive orders on the use of guidance documents by federal agencies represent a major change for virtually every executive agency and a historic assertion of the president’s authority under Article II to oversee the independent regulatory agencies, says Paul Noe, former counselor to the administrator of the White House Office of Information and Regulatory Affairs.
Giving Pemex, Mexico's national oil company, operational control of Talos Energy's Block 7 oil and gas exploration area in the Gulf of Mexico could be one way to address the legal issues arising when multiple parties have rights to the same reservoir, says Adrian Talamantes of Holland & Knight.
The International Chamber of Commerce's arbitration award in ConocoPhillips v. CVP is instructive on how governing law impacts a force majeure provision, say attorneys with Thompson & Knight.
As shown by recent case law, including a New Jersey federal court holding last month in Valsartan Products Liability Litigation, there is no "shifting tide" in favor of disclosing litigation funding arrangements, say Matthew Harrison and Stephanie Southwick of Bentham IMF.
While artificial intelligence has already revolutionized the e-discovery field, the development of emotionally intelligent AI promises to explore data in an even more nuanced and human way, thereby further reducing the burden on legal teams, say Lisa Prowse and Brian Schrader at e-discovery services provider BIA.
A Virginia federal court's recent decision in Southern Appalachian Mountain Stewards v. Red River Coal Co., clearing the defendant of liability for certain nonpermitted discharges, raises an issue relevant to any business operating in a highly regulated space: reliance on government regulators as a defense to civil liability, says Mitchell Morris of Butler Snow.
Although most lawyers are well-prepared to defend or justify the value of an insurance claim for clients, often law firms have not clearly identified their own potential liabilities, planned for adequate insurance or established prudent internal risk management practices, says Victor Sordillo at Sompo International.
While the Commonwealth Court of Pennsylvania’s decision in Marcellus Shale Coalition v. Pennsylvania Department of Environmental Protection upheld state agencies’ authority to promulgate oil and gas drilling rules, the decision made clear that the rules themselves are not immune from judicial scrutiny, says Michael Aceto of Goldberg Segalla.
With lateral transfers between law firms on the rise, it is more important than ever for partners to understand the steps they must take to adhere to ethics rules and other requirements when making a transition, say attorneys at Harris Wiltshire.
The U.S. Department of Energy asserts that its recent withdrawal of energy efficiency targets for light bulbs has not triggered a statutory “backstop” efficiency standard, but its actions will likely prompt litigation by consumer and environmental groups, and implementation of stricter standards by some states, say Daniel Eisenberg and Jack Zietman of Beveridge & Diamond.
The Federal Energy Regulatory Commission recently proposed major modifications to its regulations concerning the Public Utility Regulatory Policies Act, which could significantly affect the ability of renewable power facilities to require electric utilities to purchase their output — and the price that utilities will have pay for that output, say attorneys at Reed Smith.
Cybersecurity is a key risk factor in mergers and acquisitions generally, but executives and directors contemplating an acquisition in the oil and gas sector must note the industry's unique cybersecurity challenges in order to properly assess transaction risks and value target companies, say attorneys at Skadden.