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Department of Interior Proposes New Financial Assurance and Decommissioning Regulations

The Energy Law

2008-N07, a lessee that passed the established thresholds was waived from providing additional security to cover its decommissioning liability. 2008-N07 was subsequently replaced in 2016 by the controversial NTL No. Proposed Regulations – The proposed regulations would make several changes with respect to these abandonment accounts.

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Department of Interior Proposes New Financial Assurance and Decommissioning Regulations

The Energy Law

2008-N07, a lessee that passed the established thresholds was waived from providing additional security to cover its decommissioning liability. 2008-N07 was subsequently replaced in 2016 by the controversial NTL No. Proposed Regulations – The proposed regulations would make several changes with respect to these abandonment accounts.

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U.S. Fifth Circuit Affirms $20 Million Judgment Against Barge Owner as Responsible Party Under the Oil Pollution Act of 1990

The Energy Law

Factual Background In July of 2008, nearly 300,000 gallons of oil spilled into the Mississippi River in New Orleans when a tugboat towing an oil-filled barge veered across the river into the path of an ocean-going tanker. Case: United States v. American Commercial Lines, L.L.C. , 16-31150, F.3d 3d (5th Cir.

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