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Texas Supreme Court to Review $500 Million Verdict in Case Involving Formation of Partnership to Construct Crude Oil Pipeline

The Energy Law Blog

The dispute between ETP and Enterprise began in 2011, when Enterprise approached ETP about potentially building a crude oil pipeline together. Energy Transfer Partners has garnered significant amicus support on both sides of the “v.” and has been closely followed by the energy industry. for the construction of the pipeline.

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

The Energy Law Blog

The standards applied to various sources including storage tanks used in crude oil and natural gas production. Further, if there is a change that would potentially increase the tank’s emissions, the owner or operator must install the required controls within sixty days of the change or by April 15, 2014, whichever is earlier.

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Nigeria Oil Industry Overview

Drillers

Production grew fast, and today, Nigeria pumps close to 2 million BPD, which makes it the largest producer of crude oil in Africa. Nigeria joined OPEC in 1971 before it even had its own state oil company. The dispute continues as local communities sue oil companies for damages with mixed success.

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U.S. Fifth Circuit Greenlights Contribution Action for Purely Economic Damages Under Oil Pollution Act (OPA)

The Energy Law Blog

9, 2017), the United States Fifth Circuit Court of Appeals held for the first time that a Responsible Party under the Oil Pollution Act of 1990 (“OPA”) has a statutory claim for contribution to recover purely economic damages from a partially liable third party. Following the spill, the U.S.

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Proposed Railroad Rules May Impact Crude Oil Producers: Proposed DOT/PHMSA Oil Tank Car Rules

The Energy Law Blog

1, 2014) (comments are due on September 30, 2014). For trains transporting crude oils that exhibit certain physical properties, the new rules, if promulgated, will also require lower speed limits, better braking, and a formal sampling and testing program for volatile liquids, including oil. See 79 Fed.

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Louisiana Department of Revenue Targets Energy Companies in Rash of Oil Severance Tax Audits

The Energy Law Blog

The oil and gas industry has a significant and far reaching economic impact in Louisiana. According to one 2014 study, the total direct and indirect impact on the state is approximately $73.8 3] Natural resources might include, for example timber, minerals like oil and gas, coal, salt, or sulphur.

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Oil revival plan put forth by Ecuador’s president falters amid re-election effort

Oil & Gas 360º

Ecuadorian officials have long aimed to boost Ecuadors output to 1 million barrels a day but financial instability, bureaucratic dysfunction and disputes with foreign oil companies have all hampered progress. Production from the nations top field has fallen 15% from a 2014 peak of 560,000 barrels a day.

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