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News True Blue Blog A PG&E-supported program is serving as a model to help young people gain financial literacy Where energy conversations come to life. million metric tons of greenhouse gas emissions in 2020 and will continue to be a driving force in emissions reduction. Natural gas utilities invest nearly $1.5
a company that provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services, says it has started construction on electronic DC charging stations in January 2020. FedEx Corp., FedEx also notes the next phase of its electric vehicle (EV) rollout has begun. the […].
At the end of 2020, Collins also took orders for 11 Type A all-electric school buses from California, New York and Arizona – […]. Collins Bus, a manufacturer of Type A school buses and a subsidiary of REV Group Inc., has delivered the first Type A all-electric school bus to Connecticut, the first-ever in the state.
Over the past month, E&P executives have addressed shareholder and analyst concerns amid the murkiest market conditions since the onset of the pandemic in Q1 2020.
“Upstream deal markets are heading into the most challenging conditions we have seen since the first half of 2020. . “Upstream deal markets are heading into the most challenging conditions we have seen since the first half of 2020. However, activity was disproportionately driven by one company, Diamondback Energy.
Concawe and Aramco have jointly commissioned this study, aiming to conduct a techno-environmental (Part 1) and economic (Part 2) analysis of different e-fuels pathways produced in different regions of the world (North, Centre and South of Europe, as well as Middle East and North Africa) in 2020, 2030 and 2050, with assessments of sensitivities to multiple (..)
Una de estas denuncias, en 2022, reactiv el caso del buque Go Canopus , capturado en 2020 con 450 mil litros de combustible ilegal , operado por Marinsa. El caso tambin involucra vnculos con familiares del expresidente Andrs Manuel Lpez Obrador , como Felipa Obrador Oln , con quien Marinsa firm un contrato por 231 millones de pesos en 2020.
Upstream deal markets are heading into the most challenging conditions we have seen since the first half of 2020. The private equity sponsored E&P was able to garner such a large premium for its land because high consolidation over the last few years has left few attractive private companies for the public E&Ps to target.
One of the major outcomes of the 2020 Louisiana Legislative session was the passage of tort reform legislation that supporters argue will lower insurance rates and change the state’s notoriously litigious environment. Governor John Bel Edwards signed HB57 into law on July 13 as Act 37 of the 2020 First Extraordinary Legislative Session.
After the commodity price crash in early 2020, which threatened the financial stability of U.S. E&Ps, a subsequent surge in oil prices drove a remarkable recovery, winning back investor confidence in the industry. E&Ps, has begun to brighten.
On January 10, 2020, the New York Attorney General’s Office stated that it will not appeal the trial court’s decision. Below we take a closer look at each category of lawsuits and provide an update on where they stand today. In the New York litigation, ExxonMobil successfully defended itself last month. People by James v. Exxon Mobil Corp. ,
ADV Amendments The annual amendment for ADV Parts 1A (and 1B for state-registered advisers) and the Brochure (ADV Part 2A) is due March 30, 2020 (for firms with year-end fiscal years). After June 30, 2020, advisers and brokers will be required to provide retail investors with a copy of Form CRS. Please feel free to give a me a call.
The “ LL&E II ” decision finds that Act 312 charges the court, not the jury, to determine the funding needed to remediate property to government standards. 2020-00685 (La. 3d — (“ LL&E II ”). [1]. Background of Legacy Litigation and LL&E I . LL&E II , at *2. The LL&E II Decision.
2003) (“the regulations govern the parties’ joint and several liabilities vis-à-vis the Government not amongst themselves”) and Total E&P USA, Inc. Sojitz Energy Venture, Inc. Union Oil Co. of California , 394 F. 3d 687 (S.D. UNOCAL assigned operating rights in the leases to ATP, who later assigned 20% of those rights to Sojitz.
On October 26, 2020, the EPA proposed a set of discharge standards for twenty different types of incidental discharges from vessel equipment and systems. Although the deadline for doing so was December 4, 2020, these standards have not yet been finalized or implemented. It also requires the U.S.
Unlocking new E&P markets A slate of discoveries in recent years have opened up new oil and gas plays across the continent. While major gas deposits were found in the Outeniqua Basin in 2019 and 2020, operational challenges have impacted development. Algerias Sonatrach will increase hydrocarbon production by 2.5%
In an exclusive report, Bloomberg revealed that “[s]ince April 2020, the U.S. Privacy Policy: By subscribing to Liskow & Lewis’ E-Communications, you will receive articles and blogs with insight and analysis of legal issues that may impact your industry. Communications include firm news, insights, and events.
of Review , 2020-0200 (La. 10/20/2020), 341 So. In a unanimous decision, a three-judge panel of the Louisiana Third Circuit Court of Appeal affirmed the authority of the Louisiana Tax Commission to correct property tax assessments of pipelines when a local assessor uses values that are too high or do not reflect fair market value.
Learn More Top Five Strategies for Operators to Get Ahead in the Competitive M&A Market Since 2020, theres been a wave of consolidation in the Permian with nearly $90 billion in private assets being acquired by public companies.[3] 1] A high price for an asset in the Permian is no surprise, as high-quality inventory is scarce.
On October 26, 2020, the U.S. For example, the borrower must advise whether after March 13, 2020, the borrower was ordered by a state or local authority to shut down or alter its business due to Covid-19. In November of 2020, the taxpayer applied to the lender for forgiveness of the loan.
De forma histrica, en 2020 la Unidad 1 gener energa elctrica de manera continua durante 532 das, desde el inicio del ciclo 20 de operacin en marzo 2019 y hasta el paro por recarga de combustible en agosto 2020. Laguna Verde tiene dos unidades con capacidad de 810 MW cada una; en 2024 gener 12 mil 306.58
Andrew Dittmar, principal analyst at EIR, said that upstream deal markets are heading into the most challenging conditions his firm has seen since the first half of 2020. Outside of Diamondback, buyers were already feeling the pressure of limited acquisition opportunities and high asking prices for undeveloped drilling inventory.
Bill began his career with Conoco in 1986 and held numerous engineering, operations, commercial, and business development roles of increasing responsibility before joining the companys executive leadership team in 2018 and becoming chief financial officer in 2020.
It has made four oil and gas discoveries, all in Block 52: Sloanea-1 in 2020, Roystonea-1 in 2023 and Fusaea-1 and Sloanea-2 in 2024. “The LoA [letter of agreement] is necessary for further exploration of the gas discovery made in 2020 with the Sloanea-1 exploration well in Block 52”, Staatsolie said in a press release then.
What started in 2020 as a proposed joint rulemaking between the DOI’s Bureau of Safety and Environmental Enforcement (“BSEE”) and Bureau of Ocean Energy Management (“BOEM”) was recently finalized as a stand-alone BSEE rule addressing decommissioning. 250.1700, et seq. BSEE added a new paragraph (c) to 30 C.F.R.
The “ LL&E II ” decision finds that Act 312 charges the court, not the jury, to determine the funding needed to remediate property to government standards. 2020-00685 (La. 3d — (“ LL&E II ”). [1]. Background of Legacy Litigation and LL&E I . LL&E II , at *2. The LL&E II Decision.
Discussed below are (1) EBSA Disaster Relief Notice 2020-01, (2) DOL “COVID-19 FAQs for Participants and Beneficiaries,” (3) IRS Notice 2020-23, and (4) IRS “Coronavirus-related relief for retirement plans and IRAs questions and answers.” More information on Participant Loans under the CARES Act can be found here.
Louisiana began this process last year, sending drafts of primacy documents to the EPA for review at the end of 2020. Privacy Policy: By subscribing to Liskow & Lewis’ E-Communications, you will receive articles and blogs with insight and analysis of legal issues that may impact your industry.
On October 26, 2020, the U.S. For example, the borrower must advise whether after March 13, 2020, the borrower was ordered by a state or local authority to shut down or alter its business due to Covid-19. In November of 2020, the taxpayer applied to the lender for forgiveness of the loan.
Louisiana began this process last year, sending drafts of primacy documents to the EPA for review at the end of 2020. Privacy Policy: By subscribing to Liskow & Lewis’ E-Communications, you will receive articles and blogs with insight and analysis of legal issues that may impact your industry.
The SEC announced on March 25, 2020 additional regulatory relief for investment advisers impacted by the Coronavirus. The SEC extended relief from May 15 until June 30, 2020 for filing an amendment to Form ADV Part 1A and the Brochure (ADV Part 2A) and related delivery obligations.
First, the Louisiana Supreme Court on November 4, 2020 denied the Louisiana Department of Revenue’s writ application in Smith International, Inc. Second, the Louisiana legislature amended the Louisiana tax penalty regime in Acts 2020, No. Now, the penalties imposed by Acts 2015, No. In addition, the late payment penalty in La.
1] The Internal Revenue Service (“ IRS ”) now has published guidance on how refunds attributable to the newly-permitted 5-year carryback of NOLs in section 172 of the Internal Revenue Code (the “ Code ”) and the accelerated use of AMT Carryforward Credits in section 53(e) of the Code can be obtained.
A special meeting of the Louisiana State Mineral and Energy Board was held on April 29, 2020, to address the impacts of both COVID-19 and historically low oil prices on operation and maintenance of Louisiana State Leases. The Board approved two proposed resolutions (1. Proposed Enforcement Moratorium Resolution 2.
On June 19, 2020, the Internal Revenue Service (the “IRS”) issued Notice 2020-50 which expands the categories of individuals eligible for coronavirus-related distributions (“CRDs”), loans, and loan repayment suspensions as well as resolves some of the issues that were concerning plan administrators and employers under the CARES Act.
District Court for the Southern District of Florida in October of 2020. On August 20, 2018, Noble House’s yacht lost its port-side rudder while entering a channel in the Bahamas. The following day, Noble House advised Underwriters at Lloyd’s, its insurer, of the casualty, whose policy allegedly covered the claim.
billion dollars’ worth of holdings in 2020. As of June 7, 2023, a bill aiming to prohibit entities controlled by “foreign adversaries” from buying, leasing, or otherwise acquiring immovable property in the state has passed both the Louisiana House and Senate and is now awaiting the Governor’s approval. Sponsored by Rep.
Wind development in the GOM began to gain traction in late 2020 when Louisiana Governor John Bel Edwards formally requested that BOEM form an intergovernmental task force to study the feasibility of wind energy in the GOM. Over the past year, the U.S. The Construction and Operations Plan for this project was approved by BOEM in 2021.
Produced water—a substance traditionally considered to be a useless byproduct of fracing—has recently become a valuable product that can be treated and sold to operators for drilling. As background, many areas in Texas contain shale formations that are dense and have poor permeability. But more than minerals are released.
After starting in October and November 2019 The global impact of the COVID-19 pandemic spread around the world in the first few months of 2020. Once we go back to the new normal we expect that each E&P company will decide which is the most suitable for their needs, in-person or virtual? was adapting to the market conditions.
3d 694, 2020-Ohio-6705. E), they did not search the public records of the county where the holder was said to have resided. The Court’s decision in Fonzi v. Brown , Slip Opinion No. Brown , Slip Opinion No. Chervenak , 162 Ohio St.3d
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. Court of Appeals for the Ninth Circuit Kicks Climate Change Case Back to State Court, June 2, 2020 ; and (3) U.S.
On July 15, 2020, the Unites States Customs and Border Protection (“CBP”) issued a ruling (HQ H309672) in connection with the installation of an offshore wind farm located off the coast of Rhode Island and Massachusetts in U.S. territorial waters (the “July 15 Ruling”). 55102) (or the Passenger Vessel Services Act (46 U.S.C. 1333(a)(1).
First, the Louisiana Supreme Court on November 4, 2020 denied the Louisiana Department of Revenue’s writ application in Smith International, Inc. Second, the Louisiana legislature amended the Louisiana tax penalty regime in Acts 2020, No. Now, the penalties imposed by Acts 2015, No. In addition, the late payment penalty in La.
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