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a provider of hydrogen engines and fueling solutions enabling e-mobility, has completed the acquisitions of United Hydrogen Group Inc. These acquisitions are in line with the company’s vertical integration strategy in the hydrogen business laid out in September of 2019 with plans to have more than 50% of the […]. and Giner ELX.
The 2019 Private Target Mergers & Acquisitions Deal Points Study was recently released by the Business Law Section of the American Bar Association. Copies of the study are available to ABA members on the ABA website, click here. These new data points are flagged for the reader.
Fingerprints Effective January 1, 2019, Louisiana Senate Bill 416 requires all investment adviser representative (“IAR”) applicants to submit fingerprints for a criminal background check to the Louisiana Commissioner of Securities. ADV Amendments Advisers must file their annual Form ADV Amendment by March 31, 2019. 51:703(D)(5).
from and/or to a foreign country to first obtain an authorization from the United States Department of Energy. Within the Department of Energy, the Office of Regulation, Analysis, and Engagement- Division of Natural Gas Regulation, is responsible for granting such authorizations. Under the provisions of H.R.
Senegals Petrosen and Mauritanias SMH worked alongside bp and Kosmos Energy to develop the Greater Tortue Ahmeyim LNG project situated on the maritime border of the two countries and producing first LNG in January 2025. Algerias Sonatrach will increase hydrocarbon production by 2.5%
In 2019, North Carolina passed legislation similar to Act 301 in Louisiana, requiring the state regulatory agency to enact regulations addressing decommissioning of utility-scale solar projects. [6] Solar development is largely in its infancy in Louisiana, with only a handful of projects having been constructed to date.
The proposal comes in the wake of a recent analysis commissioned by the Environmental Defense Fund, which found that oil and gas operators in Louisiana wasted over $16 million worth of gas in 2019 through venting and flaring alone, among other findings. Communications include firm news, insights, and events.
Produced water can also contain certain critical minerals that can be used for the development of clean energy technologies. [1] This statute, however, only applies to instruments executed after September 1, 2019. As background, many areas in Texas contain shale formations that are dense and have poor permeability.
The permit was issued under the Clean Water Act in March 2019 – the same year the project received FERC approval – and will allow construction crews to “clear, grade, excavate and place fill material” on site to build the plant, which is being built on a 1,000-acre site on the west bank of the Calcasieu River, south of Lake Charles. [1]
In December 2019, to protect endangered sea turtles, the NMFS promulgated a rule requiring a TED on all skimmer trawlers over 40 feet in length, including those operating in state waters. This requirement was to go into effect on August 1, 2021. After the temporary injunction expired, Louisiana and the NMFS moved for summary judgment.
6] The last CPI adjustment occurred in 2019. Those limits were last increased in 2018 to $137,659,500 by the Bureau of Ocean Energy Management. [12] maritime law experienced two significant changes on December 23, 2022—one pertaining to liability for oil pollution, the other concerning small passenger vessels.
When the Vessel arrived off the Mississippi River in February 2019, things went awry. In July 2019, Tongli initiated London arbitration proceedings against time charterer Bunge seeking indemnification for the settlement. On June 2, the U.S. Property of the defendant within the district is then subject to seizure. Bunge appealed.
The Texas Supreme Court issued an opinion today in Energy Transfer Partners, L.P The Court of Appeal reversed, and the Texas Supreme Court heard argument in the case on October 8, 2019. Enterprise Products Partners, L.P., a case previously featured on the Blog.
19-2497, 2019 WL 3283138, 2019 WL 3291014 (E.D. July 22, 2019). 19-2497, 2019 WL 3283138 (E.D. July 22, 2019). 19-2497, 2019 WL 3291014 (E.D. July 22, 2019). Caluda, APLC, et al v. The City of New Orleans , Linebarger, Goggan, Blair & Sampson, L.L.P, Caluda, APLC, et al v. Caluda, APLC, et al v.
A 2019 analysis of upcoming projects in the floating offshore wind market showed a vast majority of floating offshore wind farms will be installed on semi-submersible platforms. [2] 4] Royal Dutch Shell increased its presence in the area through its acquisition of floating wind specialist, Eolfi, in November 2019. [5]
On January 3, 2019, the M/V STRANDJA and the M/V KIEFFER E. The KIEFFER E. A collision resulted due to the STRANDJA being outside of the anchorage and not adequately communicating with the KIEFFER E. The KIEFFER E. Navigation Maritime Bulgare JSC, et al. , BAILEY collided on the Mississippi River. 4 1 87 F.4th
Although the recent Haynesville production increases are a positive sign for the Louisiana energy industry, the August 2018 daily production average is still below the previous Haynesville peak production average, which was 7.403 billion cubic feet per day in January 2012. El Paso E & P Co. , El Paso E & P Co. ,
In 2019, North Carolina passed legislation similar to Act 301 in Louisiana, requiring the state regulatory agency to enact regulations addressing decommissioning of utility-scale solar projects. [6] Solar development is largely in its infancy in Louisiana, with only a handful of projects having been constructed to date.
For nearly three years, unit operators in Louisiana have waited to see whether the Western District of Louisiana would change course or double down on its March 2019 decision in Johnson v. Chesapeake. BPX Operating Co., The district court recognized this was a res nova issue for which there was no authority directly on point.
Sandhill never managed to stop the leak, and it abandoned the well in August 2019. In 1993, the State of Louisiana enacted the Oilfield Site Restoration Law (“OSRL”) with the goal of cleaning up and closing orphaned oilfield sites through the use of the Oilfield Site Restoration Fund (the “Fund”). 30:80 et seq. who last operated the property.
Top Louisiana Advisers Ranked by Assets under Management Top Louisiana Advisers Ranked by Number of Accounts SEC Issues New Proxy Guidance for Advisers On August 21, 2019, the SEC issued new guidance on the voting of proxies by investment advisers.* There is a total of 55 advisers registered with the SEC in Louisiana.
A 2019 analysis of upcoming projects in the floating offshore wind market showed a vast majority of floating offshore wind farms will be installed on semi-submersible platforms. [2] 4] Royal Dutch Shell increased its presence in the area through its acquisition of floating wind specialist, Eolfi, in November 2019. [5]
1] The Internal Revenue Service (“ IRS ”) now has published guidance on how refunds attributable to the newly-permitted 5-year carryback of NOLs in section 172 of the Internal Revenue Code (the “ Code ”) and the accelerated use of AMT Carryforward Credits in section 53(e) of the Code can be obtained.
The energy sector has made significant investments in recent decades in IT/OT convergence. For energy companies, collaboration between IT and OT can help ensure regulatory compliance and protect a company s reputation. IT systems also help track energy distribution and streamline maintenance schedules. from 2019 to 2025.
July 1, 2019). Below we take a closer look at each category of lawsuits and provide an update on where they stand today. The states of New York and Massachusetts, through their Attorney General, each filed a suit against Exxon Mobil Corporation asserting investor fraud related claims. People by James v. Exxon Mobil Corp. , 3d 1233(A), 1 (N.Y.
On May 28, 2019, United States District Judge Martin Feldman issued a sixty-four page Order and Reasons which granted motions to remand filed by Plaquemines Parish and the State of Louisiana in The Parish of Plaquemines v. Riverwood Production Co.,
Last week the Texas Supreme Court granted review in Energy Transfer Partners, L.P. Energy Transfer Partners has garnered significant amicus support on both sides of the “v.” and has been closely followed by the energy industry. Oral argument before the Texas Supreme Court is scheduled for October 8, 2019.
After starting in October and November 2019 The global impact of the COVID-19 pandemic spread around the world in the first few months of 2020. Necessities include food, shelter and energy. The process of planning, safekeeping and operating energy production facilities is a long term process, running into decades.
The Supreme Court’s rare dismissal of a previously granted cert petition means that the justices have declined to reconsider the Fifth Circuit’s decision refusing to send the underlying dispute to arbitration. This is now the second time this case has been before the Supreme Court on issues of arbitrability.
On March 21, 2019, the U.S. District Court for the Western District of Louisiana held that a unit operator may not recover post-production costs from an unleased mineral owner’s share of production proceeds in Allen Johnson, et al. Chesapeake Louisiana, LP. [1] 2] The UMOs argued that La. Chesapeake Louisiana, LP. [1] 8] However, La.
On Friday, March 29, 2019, the City of New Orleans filed a lawsuit in Civil District Court against eleven oil and gas companies seeking damages for alleged harm to Louisiana’s coastal wetlands. LMOGA vehemently disagrees with the decision to outsource responsibility for enforcing state and local permitting laws to private lawyers.”
18-5217, 2019 WL 2271118 (E.D. May 28, 2019). 18-677, 2019 WL 4734394 (W.D. 26, 2019), —F. In May 2018, oil and gas industry defendants removed a docket of 42 cases alleging violations of Louisiana’s coastal zone management laws to federal court in the Eastern and Western Districts of Louisiana (“CZM cases”).
Ct. —, 2019 WL 1245520 (U.S. March 19, 2019), the U.S. In Air & Liquid Systems Corp. Devries , No. 17-1104, — S. Justice Kavanaugh wrote the opinion for a 6-3 court, with Justices Gorsuch, Thomas, and Alito dissenting. Bare Metal” Products at Issue In Air and Liquid Systems Corp v. Supreme Court granted certiorari in this case.
Sojitz Energy Venture, Inc. 2003) (“the regulations govern the parties’ joint and several liabilities vis-à-vis the Government not amongst themselves”) and Total E&P USA, Inc. Union Oil Co. of California , 394 F. 3d 687 (S.D. The only lessee of the Outer Continental Shelf leases at issue in Sojitz was UNOCAL. Parker Drilling Co. ,
Texas Crude Energy LLC , 573 S.W.3d While the Court is no stranger to interpreting (and often muddling) the familiar royalty clause interpretation questions surrounding the first issue, in a case of first impression, the Court also analyzed the breadth of a lease’s free-use clause. Burlington Resources Oil & Gas Co., 3d 198, 211 (Tex.
Texas Crude Energy LLC , 573 S.W.3d While the Court is no stranger to interpreting (and often muddling) the familiar royalty clause interpretation questions surrounding the first issue, in a case of first impression, the Court also analyzed the breadth of a lease’s free-use clause. Burlington Resources Oil & Gas Co., 3d 198, 211 (Tex.
Privacy Policy: By subscribing to Liskow & Lewis’ E-Communications, you will receive articles and blogs with insight and analysis of legal issues that may impact your industry. The Third Circuit reaffirmed that severance taxes should be based on the “gross proceeds” obtained in an arm’s length sale at the lease.
Though EOs have until May 15, 2019 to file their 2018 returns and remit any taxes owed to the federal government, there is a time-limited opportunity for some EOs to change their parking policy prior to March 31, 2019 and minimize the amount of parking tax owed.
On July 15, 2020, The Third Circuit Court of Appeals issued an opinion awarding damages for a violation of due process rights against a private pipeline company. Bayou Bridge Pipeline, LLC v. Acres, More or Less, Located in St. Martin Parish, et al. [1] James, Louisiana. One landowner had an interest of.0000994 0000994 and the other two owned an.0005803
1] This Release is part of a package of new rules and interpretations adopted by the SEC on June 5, 2019. The June 5 Releases Today we focus on the new SEC interpretative release on the fiduciary duties of investment advisers and provide a brief summary of its contents (“ The Fiduciary Duty Release ”). [1]
billion in 2019 annual revenues. Maximum loan size is the lesser of (i) $25 million or (ii) an amount that, when added to the borrower’s existing outstanding and committed but undrawn debt, does not exceed four times the Eligible Borrower’s 2019 earnings before interest, taxes, depreciation, and amortization (“EBITDA”).
Enterprise Offshore Drilling LLC, 2019 WL 2515307 (Jun. Smart Fabricators of Texas, LLC , 970 F.3d 3d 550, a three-judge panel of the United States Fifth Circuit Court of Appeal held on August 14, 2020, that seaman status under the Jones Act may apply to an injured welder on a jack-up oil rig adjacent to an inland pier. 1349(b)(1).
The Supreme Court’s rare dismissal of a previously granted cert petition means that the justices have declined to reconsider the Fifth Circuit’s decision refusing to send the underlying dispute to arbitration. This is now the second time this case has been before the Supreme Court on issues of arbitrability.
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