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

  • May 20, 2019

    Texas Passes Felony Penalties For Pipeline Damage

    The Texas Legislature on Monday passed a bill that would impose felony penalties on those who damage oil and gas pipelines and other so-called critical infrastructure in a move criticized by activists as an attack on free speech.

  • May 20, 2019

    Platinum Exec Pressed Over Co-Founder's Truthfulness

    An attorney for the co-founder of Platinum Partners on Monday sought to refute the testimony of a former marketing executive turned cooperating witness in the securities fraud trial of Platinum co-founder Mark Nordlicht, citing multiple instances when Nordlicht urged others at the hedge fund manager to tell the truth.

  • May 20, 2019

    SoCalGas Failures Caused Aliso Canyon Leak, Study Says

    Southern California Gas Co. didn’t conduct needed follow-up inspections after scores of earlier leaks and lacked risk assessment practices, failures that ultimately led to the massive Aliso Canyon natural gas leak in 2015 and 2016, a study has found.

  • May 20, 2019

    Investors Seek OK Of Award In Row With Brazilian Driller

    Five investment companies asked a New York federal court Monday to approve an interim arbitration award barring a unit of a Brazilian offshore oil driller, currently going through bankruptcy proceedings, from transferring any shares or other assets related to a joint venture to build two drilling ships.

  • May 20, 2019

    High Court Won't Review Grand Canyon Uranium Mine Claim

    The U.S. Supreme Court on Monday declined to consider a Native American tribe’s argument that the U.S. Forest Service was required under the National Historic Preservation Act to conduct additional reviews for a uranium mining project near the Grand Canyon.

  • May 20, 2019

    Deals Rumor Mill: Abertis, Deutsche Bahn, Del Frisco's

    Abertis reportedly wants to sell minor stakes in some motorway subsidiaries, the CEO of German railway company Deutsche Bahn said its Arriva unit has enough suitors, and final bids for all or part of Del Frisco's Restaurant Group are due soon.

  • May 20, 2019

    Minn. Reaches Budget Deal With Health Care Tax, No Gas Tax

    Minnesota’s governor and legislative leaders have agreed on a state budget for the next biennium that includes the governor’s proposed continuation of a health care provider tax but omits his proposed gas tax and transportation provisions.

  • May 20, 2019

    Subcontractor Seeks Rest Of $10.5M Bill For DC Plant Work

    A subcontractor working on the power plant supplying the U.S. Capitol, the Supreme Court, the Library of Congress and other U.S. government facilities alleged in D.C. federal court Friday it is owed the remainder of a roughly $10.5 million contract.

  • May 20, 2019

    FERC Is No Shield For $3.6B Utility Scheme, 1st Circ. Told

    The doctrine barring courts from changing Federal Energy Regulatory Commission-accepted rates doesn't cover claims that Eversource Energy and Avangrid Inc. manipulated natural gas supplies and drove up New England electricity prices by $3.6 billion, customers told the First Circuit Monday.

  • May 20, 2019

    US Gives No Right To Wilderness, DOJ Says In Climate Suit

    The federal government has asked an Oregon federal judge to toss a lawsuit alleging that U.S. citizens have a constitutional right to privacy in the wilderness that's been violated by climate change-inducing fossil fuel, agriculture and forestry policies.

  • May 20, 2019

    SunCoke Energy Wants Investors' Merger-Stalling Suit Tossed

    SunCoke Energy Partners LP told a Delaware federal judge that an investor suit seeking to hold up its merger with its general partner and majority owner "follows a familiar template" of asserting nondisclosure claims that courts routinely reject.

  • May 20, 2019

    Baker Botts Leads NRG's $300M Deal With Stream Energy

    NRG Energy Inc., led by Baker Botts LLP, has reached an all-cash deal to purchase energy reseller Stream Energy's retail electricity and natural gas business for $300 million, buffing up the power producer's market share in Texas, Pennsylvania and elsewhere, the company announced Monday.

  • May 20, 2019

    City Climate Suits Preempted By CAA, US Tells 9th Circ.

    The federal government on Friday told the Ninth Circuit that Oakland's and San Francisco's suits seeking to hold Big Oil liable for climate change-related infrastructure damage are preempted by the Clean Air Act and trample over constitutionally enshrined foreign policy authority.

  • May 20, 2019

    Anadarko Insider Culprits May Soon Be Outed, NY Judge Told

    Securities regulators told a Manhattan federal judge Monday that they may soon identify two traders, one possibly in an oversees British territory and one possibly in Russia, who flipped a shady $2.5 million profit on Anadarko Petroleum ahead of an acquisition bid by Chevron.

  • May 20, 2019

    Sonoco Buys PE-Backed Paperboard Supplier For $110M

    Global packaging company Sonoco has agreed to pay $110 million for private equity-backed Corenso Holdings America Inc., a U.S. supplier of recycled paperboard products used in the paper, packaging films, tape and specialty industries, the companies said Monday.

  • May 17, 2019

    Enviros Challenge DOI Approvals For Utah Oil Shale Project

    The federal government failed to adequately assess environmental impacts before granting permits for elements of the nation’s first commercial-scale oil-shale mine and processing plant, environmental groups said in a lawsuit filed Thursday.

  • May 17, 2019

    Gov't Must Provide Info In Challenge To 2-For-1 Rule Order

    The D.C. federal judge presiding over public interest groups' challenge to President Donald Trump's executive order requiring that for every new regulation, two rules must be eliminated, said Friday that federal agencies must do a better job complying with discovery.

  • May 17, 2019

    Ill. Gov. Offers New, Hiked Taxes In $41.5B Infrastructure Plan

    Illinois would double its gas tax and create taxes on streaming services and ride sharing, among other services, to pay for a $41.5 billion infrastructure plan the governor circulated Friday.

  • May 17, 2019

    Cubic Energy Successor's Ch. 11 Debt Swap Plan Gets OK'd

    Bankrupt oil and gas exploration company Hilltop Energy LLC received court approval Friday in Delaware for its proposed schedule seeking rapid confirmation of its $53 million debt-for-equity swap.

  • May 17, 2019

    Vantage Gets $720M Petrobras Award OK'd By Texas Court

    A Texas federal judge on Friday confirmed a $720 million arbitral award issued to Vantage Deepwater Co. following a dispute with Petrobras over a canceled drilling contract, rejecting arguments that the tribunal had failed to properly consider whether the contract was procured through bribery.

Expert Analysis

  • Directors Must Heed SEC On Cybersecurity And Social Media

    Author Photo

    The U.S. Securities and Exchange Commission has made clear that it expects companies to take action to avoid and remediate cybersecurity breaches, and to carefully review information disclosed via social media. But many officers and directors remain underprepared for SEC enforcement in these areas, say attorneys at Vinson & Elkins.

  • Q&A

    A Chat With Gilead Sciences Legal Ops Leader Gary Tully

    Author Photo

    In this monthly series, legal recruiting experts from Major Lindsey & Africa interview legal industry leaders about the increasingly competitive business environment. Here, Rod Osborne talks with Gary Tully, head of legal operations at Gilead Sciences.

  • Opinion

    Oil Cartel Bill's Passage Is Long Overdue

    Author Photo

    The No Oil Producing and Exporting Cartels Act has been reintroduced in Congress, and the oil market conditions that spurred this needed legislation in 2000 are just as widespread today — but so are the inaccurate criticisms of this bill, says attorney Seth Bloom, who drafted the original version of NOPEC.

  • Series

    Why I Became A Lawyer: Completing The Journey Home

    Author Photo

    My mother's connection to her Native American heritage had a major influence on my career — my decision to enter the legal profession was driven by the desire to return to my tribal community and help it in any way I could, says Jason Hauter of Akin Gump.

  • Series

    Judging A Book: Wood Reviews 'The Making Of A Justice'

    Author Photo

    Retired U.S. Supreme Court Justice John Paul Stevens' new book, "The Making of a Justice," is required reading for anyone interested in 20th and 21st century America, says Seventh Circuit Chief Judge Diane Wood.

  • PG&E Oversight Battle Looms For FERC, Bankruptcy Court

    Author Photo

    Although the Federal Energy Regulatory Commission recently reasserted its concurrent jurisdiction with the bankruptcy court over the disposition of Pacific Gas and Electric’s wholesale power contracts in bankruptcy, it is reasonable to assume that this clash between two governmental entities will ultimately be resolved in the U.S. Supreme Court, say attorneys at Blank Rome.

  • Getting Out Of Legal Project Management Debt

    Author Photo

    If a client does not demand the application of project management techniques at the start of a matter, or a law firm does not routinely apply them, it is highly likely that additional, avoidable work — legal project management debt — will materialize throughout the matter, says Anthony Widdop of Shearman & Sterling.

  • Opinion

    NAFTA Update A Step Backward For US Investors

    Author Photo

    Under the U.S.-Mexico-Canada Agreement, U.S. investors would lose the robust international law protections and dispute resolution mechanisms that they have relied on for years in the North American Free Trade Agreement, say Ian Laird and Melissa Morris of Crowell & Moring.

  • Traders At Risk Of DOJ Wire Fraud Charges For Spoofing

    Author Photo

    In U.S. v. Vorley, the U.S. Department of Justice has charged two commodities traders with wire fraud, based on an alleged spoofing scheme. The DOJ's approach could greatly expand potential criminal liability for spoofing activity, say attorneys at Mayer Brown.

  • 4 Ways State AGs Are Targeting Energy Sector

    Author Photo

    State attorneys general are playing an increasingly prominent role in regulating energy and environmental activity within their states. Energy sector participants should note AG priorities and take a proactive approach, say attorneys at WilmerHale.