Law

Notice to Oil and Gas Operators: Temporary Exceptions to Certain Administrative Rules

Notice to Oil and Gas Operators: Temporary Exceptions to Certain Administrative Rules

360 Feed Wire


In its open meeting today the Railroad Commission of Texas (Commission), in recognition of the unprecedented national and global economic conditions currently impacting the oil and gas industry, took action to provide relief in the form of …

Enterprise Wins Favorable Ruling From Texas Supreme Court

Enterprise Wins Favorable Ruling From Texas Supreme Court

January 31, 2020 - 2:18 pm Law, Press Releases
Texas-based flatbed carrier with 260 trucks shuts down, citing insurance costs – This is a sign of tough times for Oil Field Service companies.

Texas-based flatbed carrier with 260 trucks shuts down, citing insurance costs – This is a sign of tough times for Oil Field Service companies.

Freightwaves


Flatbed truckload operators have been unprofitable for most of 2019

Oil & Gas 360 Publishers Note: We have been watching the Oil Field Service (OFS) take serious losses due to the investor demand for short-term returns. Investors are …

RasGas Train 6 began liquified natural gas (LNG) production in 2009 and was joined by RasGas Train 7 in early 2010. ExxonMobil has an interest in all of Qatar's operating LNG trains, which have a total capacity of over 60 million tonnes per year.

ExxonMobil responds to verdict in suit by New York Attorney General

Exxon


ExxonMobil today issued the following statement in response to the verdict from the Supreme Court of the State of New York:

“Today’s ruling affirms the position ExxonMobil has held throughout the New York Attorney General’s baseless investigation. We provided …

Photo: Mayra Beltran

Exxon blasts N.Y. for walking back claims at end of trial

Houston Chronicle


The New York attorney general’s office dropped its claim that Exxon Mobil Corp. intentionally misled investors about how it accounts for the financial risks of climate change, significantly diminishing the state’s case in the last minutes of a …

Tillerson rejects NY claim that Exxon’s climate plan was fake

Tillerson rejects NY claim that Exxon’s climate plan was fake

Former Exxon Mobil Corp. Chief Executive Officer Rex Tillerson rejected the New York attorney general’s claim that for years he spearheaded a secret scheme to defraud investors by lying about how the oil company planned for the financial risks of …

Former Exxon Mobil CEO and former U.S. Secretary of State Rex Tillerson arrives at New York State Supreme Court as an Exxon witness to testify as part of a trial in a lawsuit by New York's attorney general accusing the oil company of misleading investors about the risks of climate change regulations to its business in Manhattan, New York, U.S., October 30, 2019. REUTERS/Mike Segar

Former Exxon chief Rex Tillerson to testify in climate change fraud trial

Reuters


Former Exxon Mobil Corp Chief Executive Rex Tillerson is expected to take the stand on Wednesday in a closely watched civil lawsuit accusing the company of hiding the true cost of climate change from investors.

The case in Manhattan …

Photo: Gene J. Puskar, Associated Press

Landmark climate trial turns on whether Exxon cooked the books

Houston Chronicle:


 

Last month, millions of people around the globe gathered to protest what they consider a dangerous lack of vision among nations and industries when it comes to combating global warming, and the burning of fossil fuels …

The Burnaby Terminal and Tank Farm, the terminus of the Trans Mountain Pipeline, is seen in an aerial photo over Burnaby, British Columbia, Canada June 29, 2019. Picture taken June 29, 2019. REUTERS/Jason Redmond

Court suspends Alberta law curbing oil and gas flows to British Columbia

Source: Reuters


A Canadian court on Tuesday granted a temporary injunction against legislation enabling the province of Alberta to restrict the flow of oil and gas to neighboring British Columbia.

Alberta enacted Bill 12, dubbed the “turn off the taps …

Source: SEACOR

Galveston Company Enters Race to Supply IMO 2020 Fuels

From The Houston Chronicle


With a massive shift in the marine fuel market just months away from implementation, a Galveston fuel storage operator says it plans to operate a 50,000 barrel a day crude processing facility to meet new stricter …

Colorado Joins California in Requiring Automakers to Sell More Electric Cars

Colorado Joins California in Requiring Automakers to Sell More Electric Cars

From CNBC


Colorado has become the 11th state to adopt California’s zero-emission-vehicle mandate forcing automakers to sell more electric cars in the state.

The new rule was passed by Colorado’s air-quality commission by a vote of 8 to 1 on …

Source: Citgo

Citgo’s New CEO Confident in an Uncertain Time

From The Houston Chronicle


Houston’s Citgo Petroleum is under attack on multiple fronts. Creditors for its parent company want to seize its refineries. It’s at the center of a fight for control over Venezuela. The Justice Department is investigating it …

Source: Keystone-XL

Court Affirms Alternative Keystone XL Oil Pipeline Route Through Nebraska

From Reuters


A court in Nebraska on Friday affirmed an alternative route through the Midwest state for TC Energy Corp’s Keystone XL oil pipeline in the latest chapter in the nearly 10-year legal fight over the Canada to Texas pipeline.…

Source: Citgo

U.S. Court Confirms Citgo Board Appointed by Venezuela’s Opposition

From The Houston Chronicle


In a victory for Venezuela’s opposition government, a U.S. judge confirmed Citgo Petroleum’s board of directors appointed by Juan Guaido, squashing socialist leader Nicolas Maduro’s efforts to regain control over the Houston oil refiner.

On Wednesday …

Source: Citgo

Citgo to Appoint New CEO to Navigate Political, Legal Turmoil – Sources

From Reuters


Citgo Petroleum Corp has selected Carlos Jorda as its next chief executive, according to three people familiar with the matter, turning to a seasoned refinery expert and native Venezuelan to run a company facing legal attacks and working …

Trump Administration Moves to Limit State Powers to Block Pipelines, Terminals

Trump Administration Moves to Limit State Powers to Block Pipelines, Terminals

From Reuters


The U.S. Environmental Protection Agency on Friday unveiled a proposal that would curb state powers to block pipelines and other energy projects, as part of the Trump administration’s effort to boost domestic oil, gas and coal development.

The …

Texas County Sues Exxon Over Air Pollution from Petrochemical Fire – Official

Texas County Sues Exxon Over Air Pollution from Petrochemical Fire – Official

From Reuters


Harris County, Texas sued Exxon Mobil Corp on Thursday over pollution from a fire a day earlier at the company’s Baytown Olefins Plant, according to an attorney for the county.

The fire was being investigated by federal and …

Right-Wing Groups Ask Trump Not to Intervene With Citgo

Right-Wing Groups Ask Trump Not to Intervene With Citgo

From The Houston Chronicle


A bevy of right-wing groups are asking the Trump administration not to intercede on behalf of the Venezuelan opposition government to keep Citgo Petroleum from being seized and auctioned.

The Houston-based refiner Citgo is owned by …

Source: Citgo

Venezuela Faces the Loss of Citgo – and Desperately Needed Dollars

From The Houston Chronicle


Venezuela could lose its largest U.S. asset after a court allowed a Canadian gold miner to seize shares of Citgo Petroleum Corp.’s parent to satisfy an arbitration award.

A U.S. appeals court ruled on Monday that …

Source: NTSB

Company Responsible for Last Year’s Merrimack Valley Gas Explosions Settles Lawsuit for $143 Million

By Tyler Losier, Energy Reporter, Oil & Gas 360

Columbia Gas and parent company NiSource will allocate a total of $1 billion to address the needs of affected communities
Columbia Gas of Massachusetts, in conjunction with its parent company NiSource

Edge of the Wattenberg: Colorado: Weld County Just Created its Own Oil & Gas Department

Colorado: Weld County Just Created its Own Oil & Gas Department

The Weld County oil & gas department will open August 5
Weld Commissioners say the action "solidifies their commitment of preserving oil and gas production in the county”
By Bevo Beaven, Editor, Oil & Gas 360
In the wake of

Ecuadorian Plaintiffs End Litigation Against Chevron

Ecuadorian Plaintiffs End Litigation Against Chevron

Ecuadorian Plaintiffs End Fraudulent Litigation Against Chevron

Oil Law – Contract Language Outweighs Industry Custom in Farmout Case: Texas Supreme Court

Oil Law – Contract Language Outweighs Industry Custom in Farmout Case: Texas Supreme Court

From the Houston Chronicle

The Supreme Court of Texas ruled that the plain language of a contract outweighs industry custom in an oil drilling case involving Carrizo Oil & Gas

AUSTIN – The Texas Supreme Court continued its deference to …

July 8, 2019 - 5:18 am Closing Bell Story‎, Energy News, Law
U.S. Judge Tosses Climate Lawsuits by California Cities, but Says Science is Sound

U.S. Judge Tosses Climate Lawsuits by California Cities, but Says Science is Sound

From E&E News

A federal court judge yesterday threw out lawsuits from two California cities seeking to make oil companies pay for worsening sea-level rise and other climate change impacts.

Judge William Alsup of the U.S. District Court for the …

July 3, 2019 - 5:14 am Closing Bell Story‎, Energy News, Law
TechnipFMC To Pay $296 Million To Resolve Foreign Bribery Probes In U.S. and Brazil 

TechnipFMC To Pay $296 Million To Resolve Foreign Bribery Probes In U.S. and Brazil 

From RTTNews 

TechnipFMC (FTI) agreed to pay a total of $296 million to resolve allegations the company bribed Brazilian and Iraqi officials, the U.S Justice Department said. 

Technip USA and Technip’s former consultant pleaded guilty today in connection with the

Source: Keystone-XL

Appeals Court Overturns Lower Court: Keystone XL Pipeline Can Move Forward

But TC Energy says no mainline construction planned for 2019

From UPI

June 8 (UPI) — A federal appeals court has ruled in favor of the Keystone XL pipeline moving forward by overturning a lower court injunction, but U.S. construction …

June 10, 2019 - 12:51 pm Closing Bell Story‎, Energy News, Law, Midstream
U.S. Restricts Exports of Oil Diluents to Venezuela

U.S. Restricts Exports of Oil Diluents to Venezuela

The Treasury Department placed a notice yesterday on its website announcing that the U.S. is restricting any U.S. firm from exporting diluents to Venezuela. Diluents are used to help enable Venezuela’s heavy oil to flow. The restrictions put international companies

U.S. Lawmaker Wants EPA Refinery Biofuel Waivers Investigated

U.S. Lawmaker Wants EPA Refinery Biofuel Waivers Investigated

From Reuters

Democratic Senator Tammy Duckworth on Wednesday asked the U.S. Environmental Protection Agency’s Office of Inspector General to investigate why the agency vastly expanded its use of waivers to exempt small refineries from the nation’s biofuel law.

The request, …

May 23, 2019 - 12:41 pm Closing Bell Story‎, Energy News, Law, Politics & Opinions
U.S. Asks Supreme Court for More Time to Appeal Circuit Court Nix of Dominion’s Atlantic Coast Pipeline

U.S. Asks Supreme Court for More Time to Appeal Circuit Court Nix of Dominion’s Atlantic Coast Pipeline

From Reuters

The U.S. Solicitor General asked the Supreme Court on Wednesday to extend the time the government has to file a petition in an appeal of a circuit court decision preventing Dominion Energy Inc from building the Atlantic Coast …

May 23, 2019 - 12:34 pm Closing Bell Story‎, Energy News, Law, Midstream
How a Sleepy Texas Trust Turned into a Permian Oil Proxy War

How a Sleepy Texas Trust Turned into a Permian Oil Proxy War

The Texas Pacific Land Trust, which was formed in the late 19th century to hold and manage millions of acres, has become the focal point of what is arguably the fiercest shareholder battle in the energy sector

From the Houston

May 23, 2019 - 6:26 am Closing Bell Story‎, Energy News, Law