Energy

  • September 30, 2019

    House Dem Faults BLM's Arctic Drilling Climate Analysis

    The Democratic chair of the U.S. House Committee on Natural Resources accused the Trump administration Monday of climate denial in its analysis of the environmental impact of oil and gas exploration in the Arctic National Wildlife Refuge.

  • September 30, 2019

    Ecuador Must Pay $450M Following Oil Profits Fight

    Ecuador must pay a Bahamian oil company nearly $450 million to resolve a more than 10-year-old dispute over the allocation of profits from two oil blocks in the Amazon, but the energy company owes nearly $55 million to pay for environmental cleanup, an international tribunal has ruled.

  • September 30, 2019

    3rd Circ. Lets Crystallex Resume Bid To Seize Citgo Shares

    The Third Circuit on Monday lifted a stay of Delaware federal court litigation between Crystallex International Corp. and Venezuela, paving the way for the Canadian miner to seize shares in Citgo's parent company. It’s a move the Latin American country has said might hamper its economic recovery.

  • September 30, 2019

    FERC Widens Calif. Grid Operator's Power Deal Authority

    The Federal Energy Regulatory Commission approved a request by California's regional grid operator to expand its power to keep older generators online despite a dissent by the Democratic commissioner, who said the change would hamper the transition toward cleaner energy.

  • September 30, 2019

    Spanish Piping Co. Hit With $31M Verdict For False Ads

    A Texas federal jury has found that Spanish pipe manufacturer Ulma Piping owes roughly $31 million to a pair of American pipe makers for undercutting their business by falsely advertising its oil pipeline parts as being strengthened by heat treatment.

  • September 30, 2019

    Mozambique Says Oxy-Total Gas Deal To Yield $880M In Tax

    French oil major Total said Monday it has completed the $3.9 billion acquisition of Anadarko Petroleum’s 26.5% stake in a liquefied natural gas project in Mozambique, a deal the African country’s president expects will bring $880 million in tax revenue.

  • September 30, 2019

    Minn. Agency Denies Water Approval For Enbridge Pipeline

    The Minnesota Pollution Control Agency has rejected Enbridge Energy LP's request for a Clean Water Act certification for the controversial Line 3 oil pipeline, saying the agency needs more information on the project's environmental impacts before it considers signing off on the plan.

  • September 30, 2019

    Rakoff Triples Objector's Atty Fees In $3B Petrobras Deal

    A man who saved a class of investors $46 million in legal fees stemming from their $3 billion settlement with Brazil's state-run oil giant Petrobras won almost $34,000 for his legal counsel, roughly tripling the original award.

  • September 30, 2019

    Shareholder Tearfully Explains Motive In Murex Chancery Trial

    A Chancery Court trial over stockholder rights to demand an oil company's records took an emotional turn Monday when a Murex Petroleum Corp. investor teared up when a company attorney told her "You chose not to be a multi-millionaire" by refusing to accept an unsupported, all-or-nothing share buyout.

  • September 30, 2019

    Texas Panel Sides With Gas Co. In Suit Over Cattle Deaths

    A jury verdict in favor of ranchers who claimed a leaky gas pipeline killed several cattle must be wiped out because it rested on speculative testimony from an expert who failed to rule out other possible causes, a Texas appellate court has held.

  • September 30, 2019

    Enviros Seek Win In Suit Over EPA Advisory Committee Policy

    An environmental group said the U.S. Environmental Protection Agency’s policy that prevents scientists who receive EPA grants from serving on agency advisory committees should be overturned because it was based on the improper assumption that the grants could lead to bias.

  • September 30, 2019

    Locke Lord, Orrick Helm NextEra Unit's $1.4B Pipeline Co. Buy

    A NextEra Energy Corp. unit said Monday that it will pay $1.37 billion to acquire a company with a stake in a pipeline that helps ship natural gas from Pennsylvania's Marcellus Shale to Atlantic Coast markets, in a deal guided by Locke Lord LLP and Orrick Herrington & Sutcliffe LLP.

  • September 30, 2019

    White & Case Steers Sempra's $3.59B Peruvian Energy Sale

    Energy infrastructure company Sempra Energy on Monday said it will sell its interests in Peruvian energy businesses to China Yangtze Power International for roughly $3.59 billion in cash, with guidance from White & Case LLP.

  • September 30, 2019

    Paul Weiss, Debevoise Drive $1.3B Deal For Infrastructure Biz

    Brookfield Business Partners has agreed to pay $1.3 billion to buy a 45% stake in infrastructure services provider Brand Industrial Services from fellow private equity shop Clayton Dubilier & Rice LLC, in a deal put together with help from Paul Weiss and Debevoise & Plimpton.

  • September 30, 2019

    4 Energy-Related Supreme Court Cases To Watch This Term

    The U.S. Supreme Court's new term will see the justices being asked to determine the scope of federal energy and environmental laws that carry big implications for energy projects both existing and in the works. Here's a four-pack of energy-related cases on the Supreme Court's docket that are worth watching.

  • September 27, 2019

    Maui Council Chair Wants Hunton Cut Off In Water Case

    As Maui government leaders fight over whether to pull their closely watched groundwater fight from the U.S. Supreme Court's docket, the county council chair told Law360 she won’t support more funding for Hunton Andrews Kurth LLP lawyers who've been helping litigate the case.

  • September 27, 2019

    Latest Suit Over $13B TransCanada Sale Is Tossed

    Describing the litigation as “the class’s fourth bite at the apple,” a New York federal judge has dismissed one case in a string of suits that challenged Columbia Pipeline Group’s $13 billion merger with TransCanada in March 2016.

  • September 27, 2019

    Oro Negro Sues Bondholders For Bringing Criminal Charges

    Mexican oil rig company Perforadora Oro Negro has filed suit against its creditors in a New York bankruptcy court, claiming the creditors have brought criminal charges against the company in breach of a three-year-old liability release.

  • September 27, 2019

    Venezuela Wants 3rd Circ. To Review Shares Seizure Ruling

    Venezuela and its state-owned oil company urged the Third Circuit to take another look at a panel ruling that lets Crystallex International Corp. seize shares in Citgo's parent company, saying the ruling goes against U.S. Supreme Court precedent.

  • September 27, 2019

    Bipartisan Senate Bill Would Boost Electric Grid Protection

    A bipartisan group of senators has floated a bill that aims to beef up the security of the nation's electric grid by creating incentives for electric utilities to invest in advanced cybersecurity technology and rolling out a federal grant program.

  • September 27, 2019

    Enviros Say Trump Can't Limit Calif.'s Auto Emissions Power

    The Sierra Club and other environmental groups stepped into the Trump administration's fight to take away California’s power to set tighter fuel economy and greenhouse gas standards for vehicles, suing the U.S. Department of Transportation on Friday.

  • September 27, 2019

    What Attys Need To Know About Trump's Calif. Grudge Match

    The grudge match between the Trump administration and California over environmental issues has grown more fierce in the last few weeks as the federal government has thrown haymakers over air and water quality issues — but attorneys discount much of the battle as political theater.

  • September 27, 2019

    LA Drops Billing Error Suit Against PwC Due To Atty Silence

    The city of Los Angeles is dropping allegations that PwC caused hundreds of millions of dollars in damages when it implemented a faulty Department of Water and Power billing system, saying the silence of key witnesses — including an attorney involved in related litigation — makes pursuing the case impossible.

  • September 27, 2019

    Clean Fuel Co. Cuts $4M Deal To End SEC's FCPA Probe

    A Vancouver, British Columbia-based clean fuel technology company and its former CEO agreed to pay more than $4.1 million to resolve the U.S. Securities and Exchange Commission's allegations that they violated the Foreign Corrupt Practices Act by bribing a Chinese government official to obtain a $3.5 million dividend payment.

  • September 27, 2019

    Ex-Platinum Exec Acquitted, Co-Founder Gets New Trial

    A New York federal judge on Friday acquitted a former Platinum Partners executive who had been convicted of defrauding bondholders in an oil and gas company and ruled that a second defendant, the defunct hedge fund’s co-founder, will get a new trial.

Expert Analysis

  • The Role Of Dictionaries In Last Term's High Court Decisions

    Author Photo

    Since 32 of the 67 decisions issued by the U.S. Supreme Court during its October term cite dictionaries, it’s worth reviewing the opinions to learn which dictionaries the justices consulted and how they used them, say Bruce Wessel and Brian Weissenberg of Irell & Manella.

  • Climate Change And Insurance: Insurers' Subrogation Claims

    Author Photo

    Once the litigation floodgates open for property damage lawsuits against greenhouse gas polluters, a second wave of subrogation claims brought by first-party property insurers is likely to follow, say José Umbert and Jason Reeves of Zelle.

  • How To Evaluate The Rise In Legal Employment

    Author Photo

    Although the rate of employment for law school graduates — which had been falling steadily — saw a small increase over the last year, other factors, such as fewer graduates overall and potential future job growth stagnation, temper the good news for those pursuing law degrees, say Tiffane Cochran and Tyler Grimm of AccessLex Institute.

  • What Justices' Deference Opinion Means For Employers

    Author Photo

    The U.S. Supreme Court rewrote the rules on judicial deference to federal agency guidelines with its recent decision in Kisor v. Wilkie. For employers — where agency guidance frequently disclaims authoritative use — it means a lot of settled law is potentially up for grabs, says Steven Katz at Constangy Brooks.

  • When FCPA Violations Turn Into Private Securities Cases

    Author Photo

    In recent cases like Doshi v. General Cable Corp., plaintiffs attorneys have tried to use company disclosures of government investigations or settlement agreements with regulators to craft private claims for corporate bribery. There are a few things companies might consider to limit their exposure to such claims, say attorneys at DLA Piper.

  • Opinion

    The Business Case For Championing Diverse Legal Teams

    Author Photo

    Leveraging the collective strengths of a diverse workforce is not only the right thing to do, it’s a strategic imperative for any successful firm or business, says Louise Pentland, executive vice president and chief business affairs and legal officer of PayPal.

  • ARIA Paves The Way For US Reengagement With Asia

    Author Photo

    A U.S. Senate subcommittee recently held hearings concerning the 6-month-old Asia Reassurance Initiative Act, which seeks to renew U.S. engagement in the Indo-Pacific region. But the success of the law will depend on whether the private, governmental and nongovernmental sectors make full use of the funding it provides, says Chuong Le of Snell & Wilmer.

  • PE Leaders' Many Hats Complicate D&O Policies

    Author Photo

    Divergent outcomes in two recent Delaware Superior Court cases came down to the wording of insurance policies, highlighting coverage issues for private equity directors and officers serving in multiple capacities, say insurance practitioners from Hiscox and Bailey Cavalieri.

  • The Art Of The 'Science And Expert Team' In Mass Torts

    Author Photo

    Science is at the foundation of mass tort lawsuits involving drugs or medical devices. Critical to a virtual law team in these cases, the "science and expert team" does more than get into the weeds of scientific issues and retain experts, say attorneys at FaegreBD, Peabody & Arnold and Shook Hardy.

  • Rethinking The Tech-First Approach To Law Firm Solutions

    Author Photo

    When a lawyer complains about some workflow inefficiency they are having, the knee-jerk reaction of many firms is to look for a technology-based workaround. This overlooks the importance of human psychology and behavior, which may be the root of the problem, says Ryan Steadman of Zero.

  • In High Court's Kisor Ruling, 2 Important Doctrines Survive

    Author Photo

    The U.S. Supreme Court’s surprising 9-0 ruling in Kisor v. Wilkie salvaged Auer deference, but of even greater significance was Chief Justice John Roberts’ alignment with the four liberal justices on the stare decisis question, say Dan Deane and Nathan Warecki at Nixon Peabody.

  • Top 10 Techniques For Crafting A Dazzling Brief

    Author Photo

    Legal writing often falls flat not because it’s unorganized, but because it’s technically unsound and riddled with gaffes that cheapen and degrade it. Avoiding the most common mistakes will keep judges interested and, most importantly, make them trust you, says Daniel Karon of Karon LLC.

  • A Dramatic 6 Months For OFAC Sanctions Enforcement

    Author Photo

    Through the first half of 2019, the U.S. Department of the Treasury’s Office of Foreign Assets Control strengthened country-based sanctions programs, including those targeting Venezuela and Cuba, and brought a string of aggressive enforcement actions that suggest enhanced compliance program expectations going forward, say attorneys at Ropes & Gray.

  • M&A Checklists Should Include State-Level Antitrust Review

    Author Photo

    In light of recent lawsuits, every M&A attorney in the country should be aware that state attorneys general can and will use state antitrust laws to block the anti-competitive effects of nationwide mergers when local-market effects warrant action, say Seth Belzley and David Kully of Holland & Knight.

  • Patent Trends In The Expanding World Of Blockchain

    Author Photo

    The broadening implementation of blockchain technology across many industries means that even practitioners who do not handle fintech-sector patent filings should familiarize themselves with blockchain in order to help clients identify and capture related innovations, says Allison Gaul of Kilpatrick Townsend.

Can't find the article you're looking for? Click here to search the Energy archive.