Tag: Energy
Texas Case Offers Three Lessons for Contract Drafters
Insight
The Texas Supreme Court recently heard oral argument on the interpretation of a farmout agreement providing that an assignment could not be made “without the express written consent,” according to a post on the website of Porter Hedges.
2018’s Bad Guys in Energy
Insight
Charles Sartain of Gray Reed & McGraw has posted a list of what he calls “2018’s parade of reprobates, rapscallions and others generally lacking in moral hygiene” in the world of energy law.
Expropriation Ruling Explains Landowner’s Burden to Prove Severance Damages to a ‘Legal Certainty’
News
A Louisiana appellate court has added to the relatively sparse body of appellate rulings in pipeline expropriation matters with an unpublished opinion affirming that landowners whose property is expropriated must prove their entitlement to severance damages to a “legal certainty.”
A Legal Guide to Power Generation Mergers and Acquisitions
Insight
POWER magazine has posted the first of a two-part series examining what dealmakers need to know before making any power industry mergers and acquisitions.
‘Frack Master’ of Texas Oil Fame Pleads Guilty to Massive Fraud, Faces Up to 12 Years in Prison
News
Christopher Faulkner, the former CEO of Dallas-based Breitling Energy, became a star in business circles for his high-profile media appearances defending hydraulic fracturing or fracking, reports The Dallas Morning News.
Pipeline Companies Should Do More to Prepare for NTSB Accident Investigations
Insight
The National Transportation Safety Board is well known for its sleuthing on plane crashes. However, oil and gas executives often need better education about how the agency tackles one of its other responsibilities – investigating pipeline accidents, advise attorneys with the national law firm LeClairRyan.
Recent Oil and Gas Verdict Highlights Importance of FLSA Compliance
Insight
A recent case from the United States District Court for the Western District of Pennsylvania highlights how expensive a Fair Labor Standards Act case can be.
What Will the 2018 Elections in Colorado, New Mexico, Wyoming and Alaska Mean for the Energy Industry?
News
Holland & Hart will host a complimentary Energy and Resource lunch and seminar, discussing how governors’ races, along with potential shifts in the make-up of state legislatures, might affect energy policy and future development in several states.
Political and Economic Realities Hamper Efforts to Reopen U.S. Waters to Offshore Drilling
Insight
A post on the website of Haynes and Boone calls attention to an apparent failure to acknowledge economic realities of oil and gas leasing and operating in the Outer Continental Shelf.
Electrification of the Auto Industry Steps on the Gas
Insight
Several recent developments show momentum continuing to build toward the replacement of fossil fuels with electricity to power the cars of the future, reports Foley & Lardner.
EIA: Global Oil Oversupply Could Return in 2018
Insight
The U.S. Energy Information Administration lowered its crude-oil price forecast and raised its production outlook for 2018 in its latest Short-Term Energy Outlook, reports Oil & Gas Journal.
Webcast: BP Statistical Review of World Energy 2017
Event, June 13
BP Global will present a webcast discussing data generated by the BP Statistical Review of World Energy, on Tuesday, June 13, 9:30-11 a.m. Eastern time.
Chesapeake Energy and McClendon Estate Reach Settlement
News
The deal calls for Chesapeake to pay $3.25 million in legal fees and drop claims for $445 million related to data McClendon took from the company when he was fired in April 2013, reports The Oklahoman.
Hunton & Williams Launches Sustainability and Corporate Clean Power Initiative
News
Hunton & Williams LLP announces the formation of a global cross-disciplinary legal team to advise corporations and investors on issues related to sustainability and efforts to increase utilization of renewable energy
Judge Dismisses Lawsuit Against Lawyer Over Chesapeake Legal Fees
News
A state district judge in Fort Worth shut down the litigation against Dan McDonald in which attorney Jim Ward was seeking up to a third of the millions in legal fees stemming from the Chesapeake case.
Computational Pipeline Monitoring for Gas Pipelines – What Works, What Doesn’t
Event, Oct. 6, 2016, 1 p.m. CDT
Oil & Gas Journal will present a webinar sponsored by Schneider Electric on computational pipeline monitoring (CPM) techniques and their use in detecting commodity releases on liquid pipelines.
Power Regulatory Series: Complimentary Webinar
Event, July 20, 12 p.m. CDT
Bracewell will present a webinar titled “Qualifying Facilities, Exempt Wholesale Generators and Market-Based Rates: The Basics and Beyond” on Wednesday, July 20, beginning at noon CDT.
Kirkland Counsels TSSP on Hunt Oil Deal to Develop Midland Basin Acreage
News
Kirkland & Ellis LLP announced that it advised TSSP, a leading special situations investment platform of TPG, on its agreement with Hunt Oil Co., a privately held oil and gas exploration and production company, to develop certain of Hunt Oil’s assets in the Midland Basin in Texas.
Webinar: Raising the Stakes in Energy Efficiency Enforcement
Event, May 3, 12:30 p.m. EDT
Harris, Wiltshire & Grannis LLP will host a complimentary one-hour webinar on what industry needs to know about the increasingly severe enforcement of energy efficiency rules.
Ex-Chesapeake CEO Aubrey McClendon Indicted Over Lease Bid Rigging
News
Aubrey McClendon, the co-founder and former chief executive officer of Chesapeake Energy Corp., was indicted on charges that he conspired to rig bids for the purchase of oil and natural gas leases in northwest Oklahoma, reports Bloomberg.