We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Energy

  • January 9, 2019

    New Post & Schell Construction Heads Plan Northeast Growth

    The new co-chairs of Post & Schell’s construction, government contracts and surety law group are looking to serve more of the mid-Atlantic region and take advantage of the area’s growing need for infrastructure projects as they take the helm, they told Law360.

  • January 9, 2019

    Deals Rumor Mill: Engie, Edison, Canaan

    Engie is reportedly once again interested in buying a multibillion-dollar Brazilian gas transportation business, multiple suitors are vying for the potentially $2 billion oil and gas unit of Italian energy company Edison, and China's Canaan is considering a U.S. IPO that could raise about $1 billion.

  • January 9, 2019

    Faroe Begrudgingly Recommends DNO's $816M Takeover Bid

    The board of U.K.-based Faroe Petroleum PLC said Wednesday the company likely has no choice but to accept a sweetened £614.7 million ($816 million) takeover offer lodged by Norwegian oil and gas company DNO ASA, citing the fact that DNO has amassed a controlling stake in Faroe.

  • January 9, 2019

    Fuel Group Asks High Court To Review Ore. Low-Carbon Plan

    A fuel industry group has urged the U.S. Supreme Court to review the Ninth Circuit's decision upholding Oregon low-carbon fuel standards that the group claims unconstitutionally discriminate against out-of-state fuels, arguing the ruling squarely conflicts with high court precedent and creates a circuit split.

  • January 9, 2019

    Enviros, FWS' Yellow-Billed Cuckoo Protection Pact OK'd

    A Colorado federal judge greenlit a settlement between the Center for Biological Diversity and the U.S. Fish and Wildlife Service, ending a suit that accused the government of improperly delaying its critical habitat designations for the western yellow-billed cuckoo.

  • January 8, 2019

    Ex-Reps. From Fla., Texas Join Akin Gump Lobbying Practice

    Akin Gump has announced it is adding two former committee chairs in the U.S. House of Representatives, Republicans Ileana Ros-Lehtinen of Florida and Lamar Smith of Texas, to its public law and policy practice, one of Washington's largest lobbying outfits.

  • January 8, 2019

    Fairway Energy Fights Call To Move Ch. 11 Case To Texas

    Attorneys for bankrupt oil storage firm Fairway Energy LP told a Delaware bankruptcy judge Tuesday that its Chapter 11 proceedings should remain in the First State to facilitate marketing efforts for its underground oil storage operations on a national level.

  • January 8, 2019

    Pa. Gov. Inks Order To Slash Agencies' GHG Emissions

    Pennsylvania Gov. Tom Wolf, acknowledging the state's role as a major energy provider and transportation hub, on Tuesday ordered the state government to reduce greenhouse gas emissions by 26 percent from 2005 levels by 2025.

  • January 8, 2019

    BP To Expand Gulf Of Mexico Drilling Operation

    BP announced Tuesday that it will be expanding its drilling activities in the Gulf of Mexico and that recent advances in seismic imaging have allowed it to identify an additional 1 billion barrels' worth of oil.

  • January 8, 2019

    4th Circ. Says SC Can't Fight Feds' Nuke Facility Closure

    The Fourth Circuit on Tuesday threw out South Carolina’s bid to block the federal government from closing a nuclear fuel processing facility near the Savannah River, reversing a district judge who had granted the state a preliminary injunction.

  • January 8, 2019

    Climate Policy Will Be A Heavy Lift For New Calif. Gov.

    When Gavin Newsom became the 40th governor of California on Monday, he inherited arguably the most aggressive long-term plans to tackle climate change in the U.S., and Golden State watchers say his administration must clear several regulatory, legislative and practical hurdles to put those plans into action.

  • January 8, 2019

    Venezuela Fulfills Natural Gas Co. Deal, Ending Arbitration

    A tribunal has ended a nearly nine-year arbitration over Venezuela’s seizure of gas compression and power-generation facilities owned by an Exterran Holdings Inc. unit after the country fulfilled the terms of a roughly $442 million settlement reached more than six years ago.

  • January 8, 2019

    Gov't Can't Claim $1B Loss At Platinum Criminal Trial

    Prosecutors will not be allowed to introduce evidence of an alleged $1 billion in investor losses at next month's criminal trial for four former Platinum Partners executives accused of defrauding the hedge fund's investors, a New York federal judge ruled Tuesday.

  • January 8, 2019

    Enbridge Unit In Catch-22 In Pipeline Fight: 1st Circ.

    First Circuit judges wondered during oral arguments Tuesday whether a Massachusetts town could use state regulators to ensnare a unit of Enbridge Inc. in a Catch-22 in the town's efforts to block a compressor station slated to be part of a major pipeline project.

  • January 8, 2019

    Murphy Oil Denied Defense Of Valero's $25M Refinery Fire Suit

    Murphy Oil Corp. cannot force a Liberty Mutual unit to fund its defense of a $25 million lawsuit blaming the oil company for a huge fire at a refinery it sold to Valero Energy Corp., an Arkansas federal judge ruled on Tuesday, because Valero’s complaint seeks only uncovered breach-of-contract damages.

  • January 8, 2019

    Power Cos. Take State Nuke Subsidy Fight To Supreme Court

    The Electric Power Supply Association filed two petitions asking the U.S. Supreme Court to review nuclear power subsidy programs in Illinois and New York, arguing that they stepped on the Federal Energy Regulatory Commission's role in regulating electricity power markets.

  • January 8, 2019

    Platinum Liquidators Can't DQ Curtis From Fraud Suit

    Curtis Mallet-Prevost Colt & Mosle LLP won't be disqualified — at least not yet — from defending a former Platinum Partners founder against a suit brought by the hedge fund's liquidators over an alleged $1 billion fraud, despite having represented the fund in the past, U.S. District Judge Jed S. Rakoff said Monday.

  • January 7, 2019

    DOE Can't Nix Duke Energy's 4th Nuclear Fuel Removal Suit

    A judge in the U.S. Court of Federal Claims said Duke Energy's suit against the government over its alleged failure to remove nuclear fuel waste from Duke's now-shuttered nuclear power plant in Crystal River, Florida, said the litigation may continue, ruling that the suit does not present the same issues as Duke's other suits over the waste removal.

  • January 7, 2019

    Ex-Atty For Mitsubishi Blasts Bid To Nix Gender Bias Suit

    A former in-house attorney at a Mitsubishi Chemical Corp. unit pushed back Friday against a motion to have her suit accusing the company of gender discrimination tossed out of New York federal court.

  • January 7, 2019

    SunEdison Shareholders Win Cert. In Stock-Drop Suit

    Two pension funds suing SunEdison for failing to disclose financial problems that later led the renewable energy giant’s stock price to collapse secured class certification on Monday, after a New York federal court split the single proposed class into two separate subclasses.

Expert Analysis

  • Will High Court Avoid Deadlock In Lorenzo?

    Susan Hurd

    Oral argument in Lorenzo v. U.S. Securities and Exchange Commission revealed clear divisions within the U.S. Supreme Court on the type of conduct that forms the basis of liability under Rule 10b-5, say attorneys with Alston & Bird LLP.

  • A Comparison Of This Year's Carbon Tax Proposals: Part 2

    Noah Kaufman

    In the second installment of this two-part series about four carbon pricing policy plans that garnered attention in 2018, Noah Kaufman of Columbia University's Center for Global Energy Policy discusses the potential impacts each would have on emissions, energy markets and the economy.

  • A Comparison Of This Year's Carbon Tax Proposals: Part 1

    Noah Kaufman

    Four carbon pricing policy plans garnered attention in 2018, including the first bipartisan federal carbon tax proposal in eight years. In the first installment of this two-part series assessing the potential impacts on emissions, energy markets and the economy, Noah Kaufman of Columbia University's Center for Global Energy Policy looks at the similarities and differences.

  • A Closer Look At New Calif. Pension Fund Climate Law

    Kristie Blase

    Landmark California legislation going into effect in January requires the two largest pension funds in the U.S. to publicly report on their climate-related financial risks, which should result in more widespread adoption of financial disclosure recommendations from the Financial Stability Board, say attorneys with CKR Law LLP.

  • Transportation And Infrastructure — The Road Ahead: Part 2

    Carolina Mederos

    The chances that major transportation and infrastructure legislation may be passed have increased with the election of a House Democratic majority, and efforts to streamline permitting and regulation by federal agencies may further advance the prospects of significant infrastructure development, say attorneys with Squire Patton Boggs LLP.

  • Series

    Judging A Book: Ginsburg Reviews 'The Curse Of Bigness'

    Judge Douglas Ginsburg

    When reading Tim Wu’s new book, "The Curse of Bigness: Antitrust in the New Gilded Age," lawyers, economists and historians will find its broad brush maddening, and the generalist reader will simply be misled, says D.C. Circuit Judge Douglas Ginsburg.

  • 5 Things You Should Know About New Rule 23 Amendments

    John Lavelle

    For the first time in 15 years, Federal Rule of Civil Procedure 23, governing class actions, has been amended. There are five key changes that will likely impact future federal class action litigation and settlements, say John Lavelle and Terese Schireson of Morgan Lewis & Bockius LLP.

  • Transportation And Infrastructure — The Road Ahead: Part 1

    Carolina Mederos

    With President Donald Trump and Democratic congressional leaders agreeing that transportation and infrastructure are high priorities, the next Congress is likely to consider a large-scale, broad infrastructure package. But the question of how to pay for it remains, say attorneys with Squire Patton Boggs LLP.

  • Société Générale: Sanctions Enforcement Is Alive And Well

    Ama Adams

    The recent settlement between Société Générale and U.S. regulators illustrates that U.S. sanctions enforcement authorities may be shifting their attention back to large financial institutions after several years of relatively quiet enforcement across the financial services industry, say attorneys with Ropes & Gray LLP.

  • Opinion

    High Court Should Hold Securities Fraudsters Accountable

    Stephen Hall

    On Monday, the U.S. Supreme Court will hear oral argument in Lorenzo v. U.S. Securities and Exchange Commission. If the court rules that scheme liability doesn’t apply to cases involving false statements, the result will be more victims and more fraud that goes unpunished, says Stephen Hall of Better Markets.