Law
Shell filed appeal against landmark Dutch climate ruling
LONDON, March 29 – Energy major Shell SHEL.L has filed its appeal against a Dutch court ruling that ordered the oil, gas and fuel producer to cut its emissions faster in a landmark win for activists turning to courts …
Texas, 14 other states sue EPA over ‘war against Texas oil and gas’
Texas Attorney General Ken Paxton is leading a 14-state coalition challenging the Biden Administration’s Environmental Protection Agency (EPA) regulations on vehicle emissions. Paxton says President Joe Biden’s ‘bureaucratic decrees’ micromanage cars’ and trucks’ greenhouse gas emissions, which exceeds …
U.S. Supreme Court backs pipeline companies in New Jersey land dispute
WASHINGTON -The U.S. Supreme Court on Tuesday ruled in favor of a consortium of energy companies including Enbridge Inc seeking to seize land owned by New Jersey to build a $1 billion natural gas pipeline despite the state’s objections.…
U.S. Supreme Court backs refineries in biofuel waiver dispute
The U.S. Supreme Court on Friday bolstered a bid by small oil refineries to seek exemptions from a federal law requiring increasing levels of ethanol and other renewable fuels to be blended into their products, a major setback for …
Oil companies defeat New York City appeal over global warming
NEW YORK – A federal appeals court on Thursday rejected New York City’s effort to hold five major oil companies liable to help pay the costs of addressing harm caused by global warming.
Ruling in favor of BP Plc, …
General Electric accuses Siemens Energy of rigging dids using stolen trade secrets
NEW YORK (Reuters) – General Electric Co accused a Siemens Energy AG subsidiary of using stolen trade secrets to rig bids for lucrative contracts supplying gas turbines to public utilities, and cover up improper business gains …
Supreme Court Environmental Cases Could Stretch to Climate, Coal
Bloomberg Law
The U.S. Supreme Court launches its new term with a light environmental docket and a heavy air of uncertainty, with a nomination battle raging and a global pandemic continuing to disrupt the institution’s normal order.
The court sits
First State Investment’s Acquisition of 40% Stake in Terra-Gen – Latham & Watkins LLP legal council
Latham & Watkins LLP acted as Energy Capital Partners’ legal counsel, while Mayer Brown LLP, as lead transaction counsel to FSI.
First State Investments, a leading global investor in infrastructure, and Energy Capital Partners, a leading power …
Maine Supreme Court Rules Referendum on New England Clean Energy Connect Unconstitutional
Today the Maine Supreme Court issued a ruling that found the proposed citizen’s initia…
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Argentine Supreme Court Rejects Fraudulent Ecuadorian Judgment Against Chevron
Argentina’s highest court unanimously rejected the plaintiffs’ final bid to e…
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Chesapeake Energy Corporation’s “First-Day Motions” Approved By Court
OKLAHOMA CITY, June 29, 2020 /PRNewswire/ — Chesapeake Energy Corporation (NYSE:CHK) today announced that the U.S. Bankruptcy Court for the Southern District of Texas (“the Court”) has approved the Company’s motions seeking a variety of “first-day” relief, including authority …
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
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Texas-based flatbed carrier with 260 trucks shuts down, citing insurance costs – This is a sign of tough times for Oil Field Service companies.
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 …
ExxonMobil responds to verdict in suit by New York Attorney General
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 …
Exxon blasts N.Y. for walking back claims at end of trial
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
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 chief Rex Tillerson to testify in climate change fraud trial
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 …
Landmark climate trial turns on whether Exxon cooked the books
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 …
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 …
Galveston Company Enters Race to Supply IMO 2020 Fuels
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
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 …
Citgo’s New CEO Confident in an Uncertain Time
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 …
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.…
U.S. Court Confirms Citgo Board Appointed by Venezuela’s Opposition
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 …
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
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
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 …
