article thumbnail

Are we back to fundamentals as oil prices tank further?

Oilholics Synonymous Report

But then again not a complete yes yet, as its contingent upon what Israel may or may not do next! jplenio / Pixabay , 2018. So has the risk premium effectively decoupled and are we now back to market fundamentals driving the oil price again? Largely yes in an oversupplied market. That's all for the moment folks!

Oil 130
article thumbnail

Third Circuit Restores Rule B Attachment Based On Breach of Contract Claim Under English Law, Implied Indemnity Claim Not Enough

The Energy Law

Bunge”) in 2018; Bunge subsequently voyage chartered the vessel to ADM International Sarl (“ADM”). The court found that an English law cause of action for general indemnity is not complete until there has been payment to a third party. Because Bunge’s cause of action was not complete, it could not be adjudicated yet.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

2019 Louisiana Investment Adviser Update

The Energy Law

Fingerprint cards can be obtained from local law enforcement offices and submitted along with a completed Louisiana State Police Bureau of Criminal Identification and Information Form, and a completed and notarized Authority to Obtain Information from Outside Sources form.

article thumbnail

Going Horizontal

Permian Basin Oil and Gas Magazine

But after that comes completions, including coiled tubing, cementing, and all thats entailed in those procedures. Nick Pottmeyer Nine Energy Service handles many completion procedures. Nick Pottmeyer is President of Completion Tools Operations for the company, and Joe Huwel is President of Cementing and Coiled Tubing.

article thumbnail

Fifth Circuit Throws Out DOL Fiduciary Rule

The Energy Law

The United States Fifth Circuit Court of Appeal vacated the entire DOL Fiduciary rule in a split decision on March 15, 2018, U.S. 3/15/2018). ADV Filing Deadline is Soon All federal and state registered investment advisers need to file their 2018 Form ADV Part 1 and 2 by March 31, 2018. Chamber of Commerce v.

article thumbnail

What’s Next for Diversified Energy? Exploring the $1.3 Billion Maverick Deal

Rextag

Upon completion, the merged entity will hold an enterprise value of roughly $3.8 Maverick emerged from the restructuring of Breitburn Energy Partners following its bankruptcy in 2018. billion, including debt. The agreement, finalized on Monday. Meanwhile, Diversified Energys CEO, Rusty Hutson Jr.,

Energy 40
article thumbnail

FIFTH CIRCUIT BEGINS TO CLEAN UP ITS JURISPRUDENCE ON HOW TO DETERMINE WHETHER A CONTRACT IS (OR IS NOT) MARITIME

The Energy Law

and (2) Does the contract provide or do the parties expect that a vessel will play a substantial role in the completion of the contract? 3d 568 (5th Cir 2018). [3] 3] 2018 WL 3420665 (5th Cir. July 13, 2018). [4] Carrizo Oil & Gas, Inc. [3] 2d 313 (5th Cir. 2d 952 (5th Cir.

E&P 40