The Energy Law

JULY 2, 2020

On June 19, 2020, the Internal Revenue Service (the “IRS”) issued Notice 2020-50 which expands the categories of individuals eligible for coronavirus-related distributions (“CRDs”), loans, and loan repayment suspensions as well as resolves some of the issues that were concerning plan administrators and employers under the CARES Act.

E&A 40

E&A E&P Insurance IT 40

The Energy Law

OCTOBER 15, 2020

The Bureau of Ocean Energy Management (“BOEM”) and the Bureau of Safety and Environmental Enforcement (“BSEE”) recently issued a proposed rule on Risk Management, Financial Assurance and Loss Prevention (“Proposed Rule”), which was published in the Federal Register on October 16, 2020 and is now open for public comment.

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Pipeline Operator E&A Abandonment 52

The Energy Law

APRIL 20, 2020

In addition to the SBA’s Payment Protection Program (PPP) and Economic Injury Disaster Loans (EIDL), on April 9, 2020, the Federal Reserve announced that it was going to provide up to $2.3 The MSLP will operate through two facilities: the Main Street New Loan Facility (MSNLF) and the Main Street Expanded Loan Facility (MSELF).

E&A 40

E&A Finance Operator IT 40

The Energy Law

OCTOBER 15, 2020

The Bureau of Ocean Energy Management (“BOEM”) and the Bureau of Safety and Environmental Enforcement (“BSEE”) recently issued a proposed rule on Risk Management, Financial Assurance and Loss Prevention (“Proposed Rule”), which was published in the Federal Register on October 16, 2020 and is now open for public comment.

Pipeline 40

Pipeline Exploration and Production Operator E&A 40

The Energy Law

MARCH 8, 2021

Employee wages, salaries and commissions owed by an employer, $13,650 in 2020, that were earned within 180 days of a company filing for bankruptcy are given a higher priority in a bankruptcy proceeding ( fourth priority level ). The chapter 7 trustee will not continue to operate the business.

E&A 52

E&A IT Casing Insurance 52

The Energy Law

MARCH 8, 2021

Employee wages, salaries and commissions owed by an employer, $13,650 in 2020, that were earned within 180 days of a company filing for bankruptcy are given a higher priority in a bankruptcy proceeding ( fourth priority level ). The chapter 7 trustee will not continue to operate the business.

E&A 40

E&A IT Casing Insurance 40

The Energy Law

MARCH 30, 2020

This article was updated on April 14, 2020. Day-to-day life has been dramatically impacted by the coronavirus disease 2019 (COVID-19), and many courts in Louisiana and Texas have been forced to close or limit operations in conjunction with stay-at-home orders. The orders also require all non-essential businesses to cease.

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Instrumentation Insurance Operator Casing 40