Energy

  • October 21, 2019

    EPA Fights Judge's Ruling On Mont. CWA Exception

    The U.S. Environmental Protection Agency asked a Montana federal judge to reverse his finding that a state regulation intended to provide flexibility to polluters struggling to meet water quality standards violates the Clean Water Act.

  • October 21, 2019

    NY-Led Group Says Proposed Rule Doesn't Kill Methane Case

    A coalition of states told a D.C. federal court that the U.S. Environmental Protection Agency's recent oil and gas deregulatory push isn't a good reason to pause a suit aimed at forcing the agency to clamp down on methane emissions from existing industry infrastructure.

  • October 21, 2019

    Orrick Brings Ex-White & Case Atty To NY Energy Group

    Global law firm Orrick Herrington & Sutcliffe LLP announced Monday that it is giving its energy and infrastructure group a boost in its New York office, bringing in a partner from White & Case LLP who specializes in financing, mergers and acquisitions in the energy industry.

  • October 21, 2019

    McGuireWoods, Kirkland Lead $2B Dominion Gas Facility Deal

    An affiliate of Brookfield Asset Management Inc. has agreed to inject $2 billion into Dominion Energy Inc.’s Cove Point gas liquefaction facility in Lusby, Maryland, the companies said Monday, in an agreement steered by McGuireWoods and Kirkland & Ellis.

  • October 21, 2019

    PE Firm Prevails In $4M Suit Over Fla. Energy Deal Exit

    A London judge on Monday ruled that an investment vehicle ACON Equity Management LLC used to buy a Florida energy company has to pay $4 million in fees for the stake the private equity firm later sold in the company.

  • October 21, 2019

    China Targeting $2.4B Of US Goods With WTO Sanctions

    China is looking to hit $2.4 billion worth of U.S. goods with fresh tariffs as retaliation for the government’s continued application of countervailing duties that have been deemed illegal by the World Trade Organization, according to a WTO document circulated Monday.

  • October 21, 2019

    Temasek Values Keppel At $9.8B In Bid For Control

    Singapore state investment fund Temasek lobbed a bid Monday that aims to take a controlling stake in Keppel and help it carry out a strategic review, in a deal that values the struggling conglomerate’s stock at SG$13.4 billion ($9.82 billion).

  • October 18, 2019

    Baltimore Asks High Court To OK State Court Climate Suit

    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.

  • October 18, 2019

    Landmark Exxon Climate Change Case Heads To Trial

    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.

  • October 18, 2019

    US Trustee Asks Court To Reject Emerge Liability Releases

    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.

  • October 18, 2019

    Feds Can't Dodge Tort Claims In Gold King Mine MDL

    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.

  • October 18, 2019

    DC Circ. Rejects INEOS Challenge To FERC Pipeline Tariffs

    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.

  • October 18, 2019

    White House Unfairly Denying Tariff-Exclusion Bids, Rep. Says

    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.

  • October 18, 2019

    PG&E Bondholders, Wildfire Victims File Rival Ch. 11 Plan

    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.

  • October 18, 2019

    4 Firms Steer DTE Midstream's $2.25B Louisiana Pipeline Buy

    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.

  • October 18, 2019

    Texas Justices Pass On Energy Co.'s $15M Row With Apache

    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.

  • October 17, 2019

    Creditors Slam $11B PG&E Proposal Over Calif. Wildfires

    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.

  • October 17, 2019

    $216M For Hurricane Work Due Despite Indictment, Co. Says

    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.

  • October 17, 2019

    Sens. Introduce Legislation To Boost Tribal Energy Access

    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.

  • October 17, 2019

    Lloyd's Gas Well Insurance Row Returned To Pa. State Court

    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.

  • October 17, 2019

    BLM Sage-Grouse Plans, Drilling Approvals Put On Ice

    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.

  • October 17, 2019

    EPA Denies NY's Request To Control Ozone From Other 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.

  • October 17, 2019

    FERC Greenlights Grid Operators' Energy Storage Plans

    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.

  • October 17, 2019

    Consumers Want 1st Circ. Rethink In Nixed $3B Utilities Row

    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.

  • October 17, 2019

    $3.3B FirstEnergy Ch. 11 Plan Gets Court Approval

    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.

Expert Analysis

  • Bulb Efficiency Rollback May Lead To Regulatory Patchwork

    Author Photo

    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.

  • FERC Proposal Would Shake Up Renewable Energy Pricing

    Author Photo

    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 Issues To Consider In Oil And Gas M&A

    Author Photo

    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.

  • Calif. Funds Wildfire Liabilities Without Punishing Ratepayers

    Author Photo

    A recently enacted California law that sets aside $21 billion to cover future wildfire damage claims and incentivizes safer electric utility infrastructure represents a successful attempt to balance competing interests, while putting wildfire claims funding on a firmer footing, says Allan Marks of Milbank.

  • EPA Misses The Irony In Its Calif. Emissions Waiver Rollback

    Author Photo

    U.S. Environmental Protection Agency Administrator Andrew Wheeler criticized California's poor air quality when he withdrew the state's waiver to regulate vehicle emissions more stringently than the EPA. But California's air pollution problem was precisely the reason Congress provided for such waivers in the first place, says Seth Jaffe of Foley Hoag.

  • Consider The Power Of Tactical Empathy

    Author Photo

    By employing tactical empathy techniques to understand the interests behind the positions taken by others, attorneys can gain the upper hand in deal negotiations and litigation while still promoting and preserving long-term relationships with opponents, judges and others, say Shermin Kruse of TEDxYouth@Wrigleyville and Ursula Taylor of Strategic Health.

  • The Problem — And Opportunity — Of Implicit Bias In The Bar

    Author Photo

    Law firms are beginning to recognize implicit bias as a problem. But too few recognize that it is also an opportunity to broaden our thinking and become better legal problem solvers, says Daniel Karon of Karon LLC.

  • The Latest Carbon Market Developments: Part 2

    Author Photo

    The Democratic primary debates and a proliferation of bills in Congress make it clear that carbon pricing will be a significant issue in the 2020 U.S. elections — and a host of international pilot programs for carbon emissions credit trading suggest even more interest in the subject abroad, say attorneys with Beveridge & Diamond.

  • Series

    Judging A Book: Thapar Reviews Gorsuch's 'A Republic'

    Author Photo

    U.S. Supreme Court Justice Neil Gorsuch's new book "A Republic, If You Can Keep It" offers hope for our constitutional system through stories of American greatness, and sheds much-needed light on originalism for skeptics, says Sixth Circuit Judge Amul Thapar.

  • The Latest Carbon Market Developments: Part 1

    Author Photo

    Even as the Transportation Climate Initiative, a carbon pricing scheme in the Northeast, has gained momentum, recent developments in Virginia, Washington, Oregon and California have created obstacles for domestic carbon markets, say attorneys at Beveridge & Diamond.

  • High Court Could Bring Clarity To Charterers In Oil Spill Case

    Author Photo

    In the oil spill liability case Citgo Asphalt Refining v. Frescati Shipping, the U.S. Supreme Court has a chance to resolve a circuit split over whether "safe berth" and "safe port" clauses in maritime contracts impose only a due diligence requirement, or strict liability, which would likely result in more uniformity in the chartering industry, says Jordan Asch of Gibbons.

  • Opinion

    True Wellness Requires A Deeper Look At Atty Profession

    Author Photo

    While I applaud all of the law firms that have signed the American Bar Association's campaign to improve attorney well-being, to achieve a truly holistic solution we must ask difficult questions about what we do, how we do it and the expectations we have set for ourselves and our clients, says Edward Shapiro at Much Shelist.

  • How New York Crafted Its Own Green New Deal: Part 3

    Author Photo

    There may be reason to doubt the feasibility of some of the ambitious goals that New York's Climate Leadership and Community Protection Act sets for emissions reductions and renewable energy production, and the state's ability to completely transform its electricity and transportation sectors, say attorneys with Vinson & Elkins.

  • Roundup

    Pursuing Wellness

    Author Photo

    In this Expert Analysis series, leaders at some of the law firms that committed to the American Bar Association's 2018 pledge to improve mental health and well-being in the legal industry explain how they put certain elements of the initiative into action.

  • What To Do When A Private Equity Firm Wants Your Business

    Author Photo

    With private equity firms clamoring to put an increasing supply of dry powder to work, business owners should come to the bargaining table prepared, and resist the temptation of a quick, off-market deal, say David Kaufman and Nathan Viehl at Thompson Coburn.

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