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Oil Majors’ Commitment to Net-Zero Emissions Leads to Investments in Wind Energy

The Energy Law

and European major oil companies are beginning to re-evaluate their business structure and investment strategies in light of the current financial, legal, and social climate. Given the advantages and opportunities, oil companies are investing in wind power as they move into the realm of renewable energy. homes for a year.

Oil 52
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Offshore Companies Face Surge in BSEE Enforcement Actions and Penalties

The Energy Law

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 civil penalty dollar amount has also grown significantly. million in civil penalties.

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Louisiana First Circuit Applies Subsequent Purchaser Doctrine to Property Transfer Involving Closely Held LLC

The Energy Law

In 2009, several of the Bailey family members formed New 90, LLC to manage this and other family-owned property. After creating New 90, the individual Bailey family owners of the property executed an Act of Transfer on March 20, 2009 that transferred their interests in the property to New 90 in exchange for membership interests in the LLC.

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Louisiana First Circuit Reaffirms Prescription and Subsequent Purchaser Principles

The Energy Law

for alleged damage to its property arising out of Chevron’s and its predecessor’s oil and gas operations in the Sardine Point Field from 1959 through 1991. In 2009, the trial court granted Chevron’s motion for partial summary judgment to dismiss all claims for pre-2005 damage to the property under the subsequent purchaser doctrine.

Casing 59
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Oil Majors’ Commitment to Net-Zero Emissions Leads to Investments in Wind Energy

The Energy Law

and European major oil companies are beginning to re-evaluate their business structure and investment strategies in light of the current financial, legal, and social climate. Given the advantages and opportunities, oil companies are investing in wind power as they move into the realm of renewable energy. homes for a year.

Oil 40
article thumbnail

Louisiana First Circuit Reaffirms Prescription and Subsequent Purchaser Principles

The Energy Law

for alleged damage to its property arising out of Chevron’s and its predecessor’s oil and gas operations in the Sardine Point Field from 1959 through 1991. In 2009, the trial court granted Chevron’s motion for partial summary judgment to dismiss all claims for pre-2005 damage to the property under the subsequent purchaser doctrine.

Casing 52
article thumbnail

Louisiana First Circuit Reaffirms Prescription and Subsequent Purchaser Principles

The Energy Law

for alleged damage to its property arising out of Chevron’s and its predecessor’s oil and gas operations in the Sardine Point Field from 1959 through 1991. In 2009, the trial court granted Chevron’s motion for partial summary judgment to dismiss all claims for pre-2005 damage to the property under the subsequent purchaser doctrine.

Casing 52