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
Protecting our energy resources is essential to the Permian Basin and the state as a whole,” declared Sparks, who announced industry crime as one of his legislative priorities and filed three packaged bills. The headquarters will be positioned in the Permian Basin but will be responsible for investigations statewide.
The inability of oil to traverse through, even temporarily, can ratchet up global energy prices , raise shipping costs and create significant supply delays. The inability of oil to traverse through, even temporarily, can ratchet up global energy prices , raise shipping costs and create significant supply delays.
Strait of Hormuz The worst-case scenario for the oil market would be an attempt by Iran to close the Strait of Hormuz, according to energy analysts. Some 20 million barrels per day of crude, or 20% of global consumption, flowed through the strait in 2024, according to the Energy Information Administration.
Russ Mould, investment director at AJ Bell, warned on Monday that there was a risk markets were underpricing "the risk of a major conflagration in the Middle East," particularly when it comes to the energy market. "In a worst case, oil and share prices would be the least of our worries." Loading chart.
The White House and the technology industry view nuclear as powerful source of reliable electricity that can help meet the growing energy needs of artificial intelligence. Skip Navigation Markets Pre-Markets U.S. Trump issued four sweeping executive orders in May that aim to quadruple nuclear power by 2050 in the U.S.
However, in the case of the closing of an acquisition, a company can be removed from the index and replaced off schedule. Skip Navigation Markets Pre-Markets U.S. Stocks often rally when they're added to a major index, as fund managers need to rebalance their portfolios to reflect the changes.
The worst-case scenario for markets would occur if Iran were to close the Strait, which is unlikely, said Marko Papic, chief strategist at GeoMacro Strategy. Skip Navigation Markets Pre-Markets U.S. strikes have been less aggressive, especially relative to just over a week ago when Israel launched airstrikes against Iran.
With President Donald Trump in the White House, the agency has reversed course on several crypto enforcement actions, dropping cases against major players like Coinbase and Binance and signaling a more permissive stance. Skip Navigation Markets Pre-Markets U.S.
That is not the case. Skip Navigation Markets Pre-Markets U.S. When we wrote Wednesday about Meta investing nearly $15 billion to take a 49% stake in Scale AI, we were under the impression that Wang would join Meta's new "superintelligence" unit on top of his duties at the data-labeling startup.
Unlike other celebrity defendants whose cases were dismissed, O’Neal remained entangled after a lengthy effort to serve him legal papers. Skip Navigation Markets Pre-Markets U.S. Plaintiffs allege O’Neal helped promote unregistered securities by presenting FTX as a safe and legitimate platform at events and on social media.
Every week, I host 'The KJ Show,' which offers a mix of breaking news and practical advice on how the energy industry affects the consumer. During this fast-paced show, I combine weekly energy updates with conversations with leaders in the energy efficiency community.
The Louisiana Legislature’s 2023 Regular Session begins on April 10th, and last Friday, Louisiana Senator Allain of District 21 filed SB 154 proposing to enact a statutory framework directly governing the rights and obligations of parties to renewable energy leases. 122); The lessee of a renewable energy lease would be “bound to.
The first five Plaquemines Parish Coastal Zone Management Act (“CZMA”) cases to be set for trial have been chosen. Hilcorp Energy Company, et al. The Plaintiffs selected Parish of Plaquemines v. Rozel Operating Company, et al. Parish of Plaquemines v. ConocoPhillips Company, et al. , and Parish of Plaquemines v.
A federal appeals court has affirmed that a “greenwashing” lawsuit by the District of Columbia against several major energy companies should not be heard in federal court. Part I of this blog covers some basics about state and federal courts, explaining why the jurisdictional question of where a case will be decided is often contested.
In two companion cases, a panel of the United States Court of Appeals for the Ninth Circuit decided whether a federal district court could properly exercise jurisdiction over climate change suits brought against energy companies by cities and counties in California. In County of San Mateo et al. In City of Oakland et al. BP PLC et al.
On September 2, 2016, the Texas Supreme Court agreed to review three oil and gas cases involving issues pertinent to the industry and land and mineral owners. is another top-lease case from the Amarillo Court of Appeals. BP America Production Company v. Red Deer Resources, LLC In BP America Production Company v. Laddex, Ltd.
Additionally, a motion to recuse was filed to remove Justice Crain from the case. Justice Crain had been previously removed from a case involving the Talbot, Carmouche, and Marcello law firm; however, in this case, the Louisiana Supreme Court denied Plaintiff’s request, allowing Justice Crain to consider the writ application.
Flint 1 applied to the case at hand, barring claimants from recovering economic damages for deferred oil production. This case required a complex analysis of Robins Dry Dock due to separate entities, under claimants’ parent company, owning the pipeline, and leasing the wells and platforms. On October 30, 2023, the U.S.
Devon Energy Production Company, L.P. Sheppard is a royalty dispute between several lessees, Devon Energy Production Co., 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. and several lessors, Michael A.
In May 2018, oil and gas industry defendants removed a docket of 42 cases alleging violations of Louisiana’s coastal zone management laws to federal court in the Eastern and Western Districts of Louisiana (“CZM cases”). Defendants removed Auster (and 11 other Western District CZM cases) based on federal officer jurisdiction (28 U.S.C.
Justiss”) entered into a turnkey drilling contract to drill a deep oil well using intermediate casing purchased from Oil Country Tubular Co. The casing pipe was API certified to a particular pressure and one of the Defendants’ owners represented to Justiss that the pipe was fit for its intended use. Justiss Oil Company, Inc.
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.
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.
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. BSEE’s final rule can be found at 88 Fed. 23569 (April 18, 2023).
In addition, the Assessor argued that the Louisiana Supreme Court decision in D90 Energy, LLC v. 1] In doing so, the Third Circuit affirmed the constitutional and statutory authority of the Tax Commission to correct assessment that, as in this case, did not properly reflect the fair market value of the pipeline system.
In a decision issued today, the Louisiana Third Circuit Court of Appeal issued the first appellate court opinion addressing the procedure for approval of settlements in cases governed by Act 312 (La. Having no objection to settlement in this case, the trial court correctly approved the settlement. Riceland Petroleum Corp.,
Indeed, the court analyzed several recent decisions from Louisiana’s First , Second , and Third Circuits, each of which concluded that the subsequent purchaser doctrine applies in cases involving mineral leases. These decisions uniformly held that, under the reasoning of Eagle Pipe & Supply, Inc. Amerada Hess Corp.
Genel Energy has announced its audited results for the year ended 31 December 2024. Genel's Mobile Medical Clinic project in Somaliland, which provided vital medical care for some of the poorest people in Africa, launched phase two of the project in July, with a further 17,000 cases treated to take the total cases treated to more than 35,000.
That case is one of forty-two Coastal Zone Management Act (“CZMA”) cases that were removed to Federal court in May 2018. The cases were removed to Federal court by Defendants pursuant to 28 U.S.C. Riverwood Production Co., 1442 (the federal officer removal statute) and 28 U.S.C.
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.” This is the analysis the Court applied in the instant case of Noble House LLC v. The case is Noble House, L.L.C. May 1, 2023).
Additionally, a motion to recuse was filed to remove Justice Crain from the case. Justice Crain had been previously removed from a case involving the Talbot, Carmouche, and Marcello law firm; however, in this case, the Louisiana Supreme Court denied Plaintiff’s request, allowing Justice Crain to consider the writ application.
We expect teachers, the first responders to educational issues, to ensure our young learners and future leaders know core academic subjects like reading, math, science, and history. The comprehensive, flexible, high-quality curriculum aligns with global educational standards and covers 24 key skills across 115 adaptable modules.
QEP Energy Company , the U.S. This case was handled by Paul Adkins of Liskow’s Baton Rouge office. Fifth Circuit held that a landowner is not entitled to a pipeline company’s profits as a consequence of a portion of a pipeline being located partially outside of a servitude. Read the opinion here.
QEP Energy Company , the U.S. This case was handled by Paul Adkins of Liskow’s Baton Rouge office. Fifth Circuit held that a landowner is not entitled to a pipeline company’s profits as a consequence of a portion of a pipeline being located partially outside of a servitude. Read the opinion here.
One of the Facility Defendants removed the case to federal court on the basis of diversity jurisdiction, arguing that complete diversity existed between all properly joined defendants and the Plaintiffs. 1] The Court found that remand was necessary in the case at issue because of the uncertainty of whether discretionary immunity under La.
Last week the Texas Supreme Court granted review in Energy Transfer Partners, L.P. a case concerning Texas partnership law. Energy Transfer Partners has garnered significant amicus support on both sides of the “v.” and has been closely followed by the energy industry. Enterprise Products Partners, L.P. ,
Procedural History The case was originally tried in a forty-one day bench trial by Judge John P. This raises a dire warning to defendants in cases involving subrogated claims. 2607(d)(2)(B), limited its liability in the case to the same extent as Frescati’s (which had been limited to approximately $45 million).
In the landmark oilfield remediation case Corbello v. After the LL&E I decision, the case went to trial in 2015. The error was LL&E I’s holding that in cases without an express contractual restoration provision, “excess remediation damages were allowed under Act 312.” Louisiana Land and Exploration Co., 2020-00685 (La.
Together, these developments will undoubtedly lead to more litigation and a higher cost of doing business on the Outer Continental Shelf. The number of civil penalty cases has risen gradually since 2009, with a sharp increase over 2013-2015. The average civil penalty amount per case has also grown, especially in the last two years.
. § 1447(d), a provision that specifically authorizes interlocutory appeal of an order remanding a case removed pursuant to the federal officer removal statute. The energy companies removed Baltimore’s case to federal court asserting several bases for federal court jurisdiction, one of which was federal officer jurisdiction.
. § 1447(d), a provision that specifically authorizes interlocutory appeal of an order remanding a case removed pursuant to the federal officer removal statute. The energy companies removed Baltimore’s case to federal court asserting several bases for federal court jurisdiction, one of which was federal officer jurisdiction.
The Texas Supreme Court issued an opinion today in Energy Transfer Partners, L.P a case previously featured on the Blog. This case began in 2011 when ETP and Enterprise explored the possibility of partnering to modify and extend, or construct anew, a pipeline to transport oil southbound from Cushing, Oklahoma.
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. Dils Co. , 2d 904 (Tex. Element Petroleum Props., 11-21-00103-CV (Tex.
Plaintiffs argued for the application of the Jazz Casino and Lowther cases, in which the Court held that there was no discretion required to appropriate funds for judgments on overpaid taxes and firefighters’ back wages, respectively.
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