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Implications of NTL 2012-N06 on OSRP Preparation and Review

The Energy Law Blog

United States Dep’t of the Interior Bureau of Safety and Environmental Enforcement, GUIDANCE TO OWNERS AND OPERATORS OF OFFSHORE FACILITIES SEAWARD OF THE COAST LINE CONCERNING REGIONAL OIL SPILL RESPONSE PLANS, NTL No. 2012-N06 (2012), [hereinafter NTL 2012-N06]. NTL 2012 N-06, 3. NTL 2012 N-06, 5.

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EPA Grants Reconsideration of Certain Oil and Gas Storage Tank NSPS Provisions Issued in August 2012

The Energy Law Blog

Wiegand On August 16, 2012, EPA issued new source performance standards (NSPSs) for the oil and gas sector. The standards applied to various sources including storage tanks used in crude oil and natural gas production. By Stephen W. On April 12, 2013, EPA announced proposed amendments to the rule pertaining to storage tanks.

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New Jersey Sues 5 Oil Giants, Industry Lobby for Climate Fraud

Adrian - Oil & Gas

Seaside Heights and other towns on and beyond the Jersey Shore were devastated by Superstorm Sandy in 2012. The lawsuit, filed in New Jersey Superior Court in Mercer County, targets ExxonMobil Corporation, Shell Oil Company, Chevron Corporation, BP, ConocoPhillips, and the American Petroleum Institute (API).

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Petrel Resources Raises ÂŁ250,000 for Iraq Oil Projects

Iraq Business News: Oil & Gas

According to a statement from the company, the funds will provide additional working capital, supporting Petrel's efforts to secure new oil and gas projects in Iraq and beyond. Petrel has recently submitted an application to assume an existing contract east of Baghdad 4 th Bid round award in 2012, at a remuneration per barrel of $5.38.

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Gold for oil policy at risk of illicit financial flows – ISSER

Reporting Oil and Gas

The Institute of Statistical Social and Economic Research (ISSER) warns that the government’s ‘Gold for Oil’ policy, designed to tackle the foreign exchange demands of oil importers, is susceptible to Illicit Financial Flows (IFF). trillion lost to money laundering. trillion lost to money laundering.

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Is Venezuela back on its feet?

Energy Central

All-in on oil The political fortunes of Venezuela’s presidents have historically depended on the oil market. In 2012, the year before he passed away in office, he saw the. Hugo Chávez, whose presidency lasted from 1999 to 2013, rode the commodities boom. Under his presidency, Venezuela’s GDP quadrupled.

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Louisiana Legislature to Consider Amendments to Forced Pooling Regime Requiring Operators to Pay Lessors of Nonparticipating Working Interest Owners Directly

The Energy Law Blog

The bill, HB 590 , extends a prior substantive change in the law that was affected by the 2012 amendments to La. As was the case in 2012, this proposed amendment would also extend this direct payment requirement to any overriding royalty interests burdening the nonparticipating owner’s lease.

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