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ConocoPhillips announces oil find at Slagugle discovery in Norwegian Sea

Oilfield Technology

The Slagugle oil discovery was initially proven in 2020, with preliminary estimates suggesting resources in the range of 30.8 - 61.6 The Slagugle oil discovery was initially proven in 2020, with preliminary estimates suggesting resources in the range of 30.8 - 61.6 million bbl of oil equivalent in Triassic reservoir rocks.

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It’s Heating Up: United States Supreme Court Hears Arguments on Proper Jurisdiction for Climate-Change Lawsuit

The Energy Law

Climate Change Litigation: 2020 Update, January 15, 2020 ; (2) Climate Change Jurisdiction: U.S. Court of Appeals for the Ninth Circuit Kicks Climate Change Case Back to State Court, June 2, 2020 ; and (3) U.S.

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Department of Interior Proposes New Financial Assurance and Decommissioning Regulations

The Energy Law

The Bureau of Ocean Energy Management (“BOEM”) and the Bureau of Safety and Environmental Enforcement (“BSEE”) recently issued a proposed rule on Risk Management, Financial Assurance and Loss Prevention (“Proposed Rule”), which was published in the Federal Register on October 16, 2020 and is now open for public comment.

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Survey of Proposed Legislation Across the States Affecting the Energy Industry in 2021

The Energy Law

6] A previous version of the bill was almost unanimously passed by the legislature on January 4, 2020 (vote of 145-9 in the House, 38-2 in the Senate). Massachusetts lawmakers recently re-filed a historic climate bill ( S. For a comprehensive list of energy legislation to be heard in upcoming state legislative sessions, see: [link]. [1]

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Does the Market Need OPEC/OPEC+?

Energy Outlook Advisors

Therefore, high oil price volatility leads to a waste of resources, higher costs, and a deterioration of efficiencies in oil production and consumption. These developments forced policymakers in oil-producing US states such as Louisiana, Oklahoma, and Texas to intervene to ration oil production with the support of the Federal government.