Tag: Energy

Insights
The Texas Supreme Court denied a petition in one case and granted a petition in the other, both dealing with provisions in oil and gas leases

Insights
Sprague Resources LP has agreed to reduce air pollution from heated petroleum storage tanks at its facilities in South Portland, Searsport and five other New England cities, according to a federal lawsuit and proposed consent decree filed.

Insights
Treasury indicates its intention to revise the rules governing the deadline for construction of wind and solar projects to qualify for the production tax credit (PTC) and investment tax credit (ITC).

Insights
The government’s obsession with fossil fuels is clear, due to inscrutable causes unrelated to reason. However, it has reached implausible extremes.

Insights
Hydrogen is gaining increasing prominence as a key element in the future global energy mix. In a recent report hydrogen is considered to have the potential to generate US$140 billion per year of revenue in the United States alone by 2030.

Insights
Bureau of Land Management (BLM) has drafted two separate Interim Guidance statements to help alleviate some of the industry’s and BLM’ hardships created by the coronavirus 2019 (COVID-19) pandemic and dramatic collapse of oil prices. The final guidance should be issued by the end of the week.

Insights
One lawmaker compared the passage of the statute, which requires the state to move to 100 percent carbon-free energy, to landing on the moon.

Insights
The Organization of the Petroleum Exporting Countries (“OPEC”) and other countries including Russia may have reached a tentative agreement during its virtual meeting today to temporarily cut a significant volume of production; however, at the last-minute, Mexico did not approve the deal.

Insights
Across the country, dozens of cities and states have passed laws or resolutions targeting 100 percent carbon-free electricity — most recently 20 communities in Utah and the state of Virginia.

News
Both the United States Environmental Protection Agency (EPA) and plaintiff’s lawyers have been targeting the chemical ethylene oxide in recent months.

Insight
Chalker and other sellers wanted to sell leases in several Panhandle counties. LeNorman signed a Confidentiality  Agreement, which had a provision entitled ‘No Obligation’.

Insight
The IRS has issued much-awaited guidance regarding the Section 45Q credit.

Insight
Over the past decade, the Texas Supreme Court has attempted to define and clarify exactly what duty is owed by an oil and gas executive right holder (the “executive”) to the non-participating interest holders who are along for the ride, collecting royalty payments but having little to no ability to control how they are generated.

Insight
The Petitioner’s main challenge was FERC’s usage of tolling orders as impermissible under the Natural Gas Act and the Due Process Clause of the Fifth Amendment.

Insights
There are many ways to violate the regulations. In addition to selling products that do not meet the required efficiency standards, there are a list of other activities that constitute violations.