Law Archives - Page 6 of 19

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

June 26, 2019

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 resolution, the Justice Department said. Of the total fine amount, Technip will pay $214 million to Brazilian authorities, which brought

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

June 10, 2019

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 is still delayed. A 9th U.S. Circuit Court of Appeals panel ruled in favor Thursday night of the Trump administration

U.S. Restricts Exports of Oil Diluents to Venezuela

June 7, 2019

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 on notice of doing any diluent business with PDVSA, the Venezuelan national oil company. From the U.S. Treasury Department –

U.S. Lawmaker Wants EPA's Biofuel Waivers Investigated - Oil & Gas 360

U.S. Lawmaker Wants EPA Refinery Biofuel Waivers Investigated

May 23, 2019

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, made in a letter from Duckworth’s office to Acting Inspector Charles Sheehan, follows a May 16 Reuters report that the

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

May 23, 2019

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 natural gas pipeline across the Appalachian Trail in Virginia. Solicitor General Noel Francisco is seeking a one-month extension until June

Texas and Pacific Land Trust Railway -oilandgas360

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

May 23, 2019

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 Chronicle The Texas Pacific Land Trust was formed in the late 19th century to hold and manage millions of acres

United States Energy Secretary Rick Perry said on Tuesday that a sanctions bill putting onerous restrictions on companies involved in the Nord Stream 2 - Oil & Gas 360Perry Final Portrait Cropped_0

Sanctions Bill on Nord Stream 2 Coming Soon: Perry

May 21, 2019

From Reuters KIEV (Reuters) – United States Energy Secretary Rick Perry said on Tuesday that a sanctions bill putting onerous restrictions on companies involved in the Nord Stream 2 project would come in the “not too distant future.” The Nord Stream 2 gas pipeline project has come under fire from the United States and several eastern European, Nordic and Baltic

$728-Million Award for Vantage Drilling Upheld by U.S. District Court

May 20, 2019

Petrobras motion to vacate is struck down By Tyler Losier This Monday, Vantage Drilling International (stock ticker: VTGGF) announced in a press release that U.S District Court Judge Alfred H. Bennett of the Southern District of Texas had granted a petition to uphold the arbitration award Vantage had previously sought to obtain from Petrobras Brasileiro S.A. (stock ticker: PBR). As

Canadian Senate Committee Nixes Oil Tanker Moratorium Act that would Prevent Energy Exports from B.C.

May 16, 2019

The Senate Standing Committee on Transportation last night voted to defeat Bill C-48, the Oil Tanker Moratorium Act. “Bill C-48 would do virtually nothing to address legitimate marine safety concerns of local communities regarding thousands of cruise ships, fueling and other types of vessels that traverse Northern British Columbia waters on an annual basis; it contains no measure to improve

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

Colorado Energy Bill: Weld County Board of Commissioners Moves to Take Full Control of Oil & Gas Permitting from the State

May 10, 2019

County that’s home to the Wattenberg field takes “first step to ensure our future and a robust economy” Weld County is the number one producer of oil and gas in Colorado. The county reports that 89% of all crude oil production and one third of natural gas production in Colorado comes from Weld County. Weld County Commissioners During its May

New Mineral Owners Association to Address Permitting War in Wyoming

May 6, 2019

Thousands of acres locked up by big companies with no drilling lowers our values, mineral owners say From the Casper Star-Tribune Sparked by a permitting war among Wyoming’s oil and gas producers, mineral owners in eastern Wyoming say they are banding together in defense, pushing for changes to Wyoming’s drilling rules and regulations. The Wyoming Mineral and Surface Owners Association

Trump Tells Louisiana Senators He Won’t Waive Jones Act to Ship LNG

May 2, 2019

From the Washington Examiner A pair of Republican Louisiana senators said Wednesday they received assurances from President Trump that he would not grant waivers to bypass the Jones Act, a century-old law regulating domestic maritime commerce, to ease the transport of natural gas to the Northeast and Puerto Rico. The office of Sen. Bill Cassidy said he and other members

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