This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
In 2021, a Hague court ordered supermajor Shell to reduce its emissions of carbon dioxide by 45% by 2030. The ruling marked the wrap of a case brought to the court All that began to change in 2024, and this turning tide is now gathering speed. The energy industry is striking back, and courts are siding with it.
million breach-of-contract counterclaim filed by Koch Energy Services, siding instead with Marathons force majeure defense related to deliveries during the historic February 2021 storm. The jury rejected a $123.7 Marathon was jointly represented by Haynes Boone and AZA during the trial.
They returned in 2021 to do the same, but this time Iron Bar convinced the local prosecuting attorney to prosecute the hunters for criminal trespass. It is this civil case that eventually ended up in the 10 th Circuit. But in 2020 they did hunt on Section 24. They were acquitted in a jury trial.
In doing so, the Court reaffirmed the employment-at-will doctrine, and its decision will likely be cited in many other types of employment law cases, including those asserting wrongful termination claims. It will also be useful to employers in a variety of other cases where their personnel decisions are challenged.
Using actual historical performance data from 2021 to 2024, the model builds three growth cases—Bear (1% CAGR), Base (2.87% CAGR), and Bull (4.5% In this post, I present a structured, scenario-based financial forecast for Petrobras, focused on the period from 2025 to 2029.
Now the case is before the Texas Supreme Court, with a recently submitted amicus brief containing the argument that could turn the tides back in the lessees’ favor. The lessors won in the trial court; the court of appeals affirmed. Factual Background and Issue. New Developments Before the Texas Supreme Court. See BlueStone Nat. 3d 380 (Tex.
In case you somehow forgot, the 2021 Valentines Day storm coined “Snovid,” “Snowmageddon,” or officially labeled Winter Storm Uri, blanketed Texas in snow and ice, even bringing snowfall to Galveston Beach. billion cubic feet of production on February 4, 2021 (“Bcf”) to 65.4
Shell Overturns Landmark Emissions Ruling Shell scored a major legal victory Tuesday, successfully appealing a 2021 ruling that had ordered it to cut carbon emissions by 45% by the end of this decade. Large polluters are powerful.
District Court for the Southern District of Texas in November of 2021. Under this doctrine, “a court may decline to exercise its jurisdiction and dismiss a case that is otherwise properly before it so that the case can be adjudicated in another forum.” The case is Noble House, L.L.C. 22-20281, 2023 WL 3168603 (5th Cir.
The Investor may elect to participate in opportunities at its discretion, on a case-by-case basis, after conducting its own financial and technical verification. The Program Area consists of counties located in theWilliston Basin, although both parties may consider opportunities in otherRocky Mountainbasins upon mutual consent.
On June 30, 2021, the Louisiana Supreme Court issued an opinion redefining the nature of available damages and the “actual, statutorily permitted role of the jury in Act 312 remediation lawsuits.” 6/30/2021); — So. In the landmark oilfield remediation case Corbello v. State of Louisiana v. Louisiana Land and Exploration Co.,
Updated from May 18, 2021 post. On May 17, 2021, the United States Supreme Court issued a decision in the climate change litigation affecting the fossil fuel industry. 1447(d), a provision that specifically authorizes interlocutory appeal of an order remanding a case removed pursuant to the federal officer removal statute. .
Updated from May 18, 2021 post. On May 17, 2021, the United States Supreme Court issued a decision in the climate change litigation affecting the fossil fuel industry. 1447(d), a provision that specifically authorizes interlocutory appeal of an order remanding a case removed pursuant to the federal officer removal statute. .
On June 29, 2021, the United States Supreme Court, in a 5-4 vote, held that a natural gas company’s right to condemn property for a pipeline under the Natural Gas Act includes the right to condemn state-owned property. In this case, PennEast sought to exercise the federal eminent domain power bestowed upon it by the Natural Gas Act (NGA).
BOEM approved the Construction and Operations Plan for the Vineyard Wind Project in July 2021, approximately 12 years after BOEM began evaluating the site for wind energy development. The plaintiffs’ arguments centered mostly on the project’s impact on an endangered species, the North Atlantic right whale.
20-30300, 2021 WL 96168, a three-judge panel of the U.S. The district court dismissed their case under Federal Rule of Civil Procedure 12(b)(6). The district court dismissed their case under Federal Rule of Civil Procedure 12(b)(6). On January 11, 2021, the Fifth Circuit panel affirmed. 2021 WL 96168 at *2.
2021) (“Henry Schein II”). The distributor argued that the inclusion of its request for injunctive relief brought the case under the carve-out in the arbitration provision. This is now the second time this case has been before the Supreme Court on issues of arbitrability. Henry Schein, Inc. Archer & White Sales, Inc.,
On July 1, 2021, the Internal Revenue Service published Revenue Ruling 2021-13 , which provides guidance on three important issues related to the income tax credit for carbon oxide sequestration found in section 45Q of the Internal Revenue Code.
Court Interprets “Free of Cost Forever” Royalty Language Broadly In this case ( Fasken Oil & Ranch, Ltd. The royalty owners sued in 2021, seeking a declaration that their “free of cost forever” NPRI could not be burdened with postproduction costs. 04-23-00106-CV, 2024 WL 4608591 [Tex. 30, 2024, no pet.
527 (1962) requires courts hearing maintenance and cure cases to construe disputed medical evidence in the seaman’s favor. On appeal, the Eleventh Circuit held that Vaughan does not require courts hearing maintenance and cure cases to construe all disputed medical evidence in the seaman’s favor. Supreme Court holding in Vaughan v.
This requirement was to go into effect on August 1, 2021. With Louisiana’s case dismissed, the TED requirements for shrimp skimmer trawl vessels 40 feet and greater in length are likely to remain in place. Louisiana argued that the TEDs were unnecessary in state waters and would economically harm its shrimp fisheries.
In support of that notion, the Court cited the 1957 Texas Supreme Court case Garrett v. Another possible example, though not noted by the Court, can be seen in a case currently pending before the Eastland Court of Appeals: PetroLegacy Energy II, LLC v. Eastland June 1, 2021). Dils Co. , 2d 904 (Tex. Element Petroleum Props.,
Ragsdale , 2021-Ohio-4660 , the appellant attempted to extinguish a severed one-half oil and gas interest under the MTA. The Seventh District Court of Appeals recently issued another decision addressing the “specific reference” exception under Ohio’s Marketable Title Act, R.C. 5301.47, et seq. the “MTA”). In Cattrell Family Woodlands v.
Also Read: Why European Oil Companies Face A Valuation Gap When Compared With US Peers Sources say that Nigeria LNG and other defendants put up a vigorous defence through their lawyers which led to the Federal High Court dismissing the case.
20-30300, 2021 WL 96168, a three-judge panel of the U.S. The district court dismissed their case under Federal Rule of Civil Procedure 12(b)(6). The district court dismissed their case under Federal Rule of Civil Procedure 12(b)(6). On January 11, 2021, the Fifth Circuit panel affirmed. 2021 WL 96168 at *2.
Anadarko Basin operations are primarily in Oklahoma (SCOOP/STACK plays), with some assets extending into southern Kansas and the Texas Panhandle in the case of Mach. Coterra Energy (CTRA) – Oklahoma (Anadarko) Segment Coterra Energy was formed from the 2021 merger of Cimarex and Cabot. CapEx = capital expenditures.
24, 2021), the United States Court of Appeals for the Fifth Circuit addressed a question that has increasingly become a sticking point in Louisiana “legacy” cases: whether claims brought under a Louisiana citizen suit provision for alleged violations of state environmental regulations can be heard in federal court. 20-30224 (5th Cir.
The Case In this recent case, the Texas Supreme Court resolved whether ratification of a lease or signing of a stipulation agreement could transform a fixed non-participating royalty interest (NPRI) into a floating NPRI. In short, the court held that mere ratification of a lease does not alter a fixed NPRI. Ellison , 627 S.W.3d
This recent case [ MIECO, L.L.C. With these common strings, this case could have implications (small or large) for other similar pending disputes across the state. In February 2021, during Winter Storm Uri, Pioneer failed to deliver the contracted amounts of gas from February 14 to 19. Pioneer Nat. 4th 710 (5th Cir.
2021) (“Henry Schein II”). The distributor argued that the inclusion of its request for injunctive relief brought the case under the carve-out in the arbitration provision. This is now the second time this case has been before the Supreme Court on issues of arbitrability. Henry Schein, Inc. Archer & White Sales, Inc.,
Maintaining that the plaintiff qualified as a seaman under controlling Fifth Circuit precedent but questioning that precedent in light of Supreme Court case law, the panel urged the Fifth Circuit to review the case en banc. Both plaintiffs were seaman under the nature test, and the panel could not distinguish Sanchez’s case.
Maintaining that the plaintiff qualified as a seaman under controlling Fifth Circuit precedent but questioning that precedent in light of Supreme Court case law, the panel urged the Fifth Circuit to review the case en banc. Both plaintiffs were seaman under the nature test, and the panel could not distinguish Sanchez’s case.
Sensing that the Department of Revenue may lose the Smith International case, the legislature used this Act to prohibit refunds for taxpayers who previously paid late payment penalties but would not owe them under the holding of Smith International.
On June 30, 2021, the Louisiana Supreme Court issued an opinion redefining the nature of available damages and the “actual, statutorily permitted role of the jury in Act 312 remediation lawsuits.” 6/30/2021); — So. In the landmark oilfield remediation case Corbello v. State of Louisiana v. Louisiana Land and Exploration Co.,
The lease royalty case Carl v. 2021), where the Texas Supreme Court held that a free-use clause allowing free use of gas used “in all operations … hereunder,” meant the lessee was entitled to free on-lease use of gas, but did not entitle the lessee to free use of gas off the leased premises. Hilcorp Energy Co.,
The lease royalty case Carl v. 2021), where the Texas Supreme Court held that a free-use clause allowing free use of gas used “in all operations … hereunder,” meant the lessee was entitled to free on-lease use of gas, but did not entitle the lessee to free use of gas off the leased premises. Hilcorp Energy Co.,
One case before the Texas Supreme Court was argued on March 18: Cactus Water Services, LLC, v COG Operating, LLC. And the crux of the case, in the courts words: Years after executing the mineral leases with COG, the surface owners executed Produced Water Lease Agreements with Cactus. Phelan is CEO of U.S.
The second safe harbor permits a taxpayer to deduct its eligible expenses on its 2021 tax return so long as in 2021 the taxpayer irrevocably decides not to seek forgiveness or its application for forgiveness is denied. The first safe harbor permits taxpayers to take these deductions on an original or amended 2020 tax return.
By 2021, this had more than doubled to 71 years. This was not the case for all companies: While most experienced a decrease in R&D productivity, 22 percent of organizations increased research productivity.) In a CFD case, engineers can test many alternatives to optimize the design of a turbine compressor.
24, 2021), the United States Court of Appeals for the Fifth Circuit addressed a question that has increasingly become a sticking point in Louisiana “legacy” cases: whether claims brought under a Louisiana citizen suit provision for alleged violations of state environmental regulations can be heard in federal court. 20-30224 (5th Cir.
The subsequent purchaser doctrine has been litigated extensively in Louisiana legacy cases involving claims for oilfield remediation. Energen Resources Corporation , 2021-0290 (La. 10/4/21), 2021 WL 4548529, —So. In Louisiana Wetlands, LLC v.
2021), the Court reiterated that "the surface owner, and not the mineral lessee, owns the possessory rights to the space under the property's surface." ” A Bright-Line Rule Overruled Decades of Uncertainty Applying that holding in this case, Court rejected USM's ownership claim for two primary reasons.
The revenue potential of vehicle-to-grid (V2G) varies widely based on location, fleet size, vehicle types, and use case. billion in 2021 to $20 billion by 2031. By following these steps and learning from existing case studies, fleet operators can prepare for a seamless V2G transition, maximizing both savings and revenue potential.
There are few cases interpreting these statutes. Plaintiff further argued that Miller was inapplicable because the unleased owner in that case “simply demanded the operator identify whatever interest the owner may have in any of the operator’s units.” 1] 2021 WL 956079 (W.D. 5, 2021). [2] and the penalty imposed in La.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content