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Survey of Proposed Legislation Across the States Affecting the Energy Industry in 2021

The Energy Law

Several pieces of energy-industry legislation are teed up for debate as state legislatures reconvene for their first sessions of 2021. The Texas Legislature convened for its 2021 session earlier this month with several issues on the agenda. 3] In South Carolina, the subject of offshore oil and gas activities is again poised for debate.

Energy 52
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Survey of Proposed Legislation Across the States Affecting the Energy Industry in 2021

The Energy Law

Several pieces of energy-industry legislation are teed up for debate as state legislatures reconvene for their first sessions of 2021. The Texas Legislature convened for its 2021 session earlier this month with several issues on the agenda. In South Carolina, the subject of offshore oil and gas activities is again poised for debate.

Energy 40
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How the Oil & Gas Industry is Helping Reduce Emissions

Energy Transfer

.’s progress in reducing emissions over the past decade has come from investments made by the oil & gas industry? is because technological breakthroughs have resulted in increased domestic natural gas production to generate our nations electricity, largely replacing coal-fired generation. In fact, the No.

Gas 52
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United States Supreme Court Blocks New Jersey’s Sovereign Immunity Challenge to FERC Certificate Holder’s Condemnation of State-Owned Land

The Energy Law

On June 29, 2021, the United States Supreme Court, in a 5-4 vote, held that a natural gas company’s right to condemn property for a pipeline under the Natural Gas Act includes the right to condemn state-owned property. In PennEast Pipeline Co. In January 2018, FERC granted PennEast’s request.

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New IRS Revenue Ruling Provides Opportunities for Financing Carbon Capture Equipment

The Energy Law

On July 1, 2021, the Internal Revenue Service published Revenue Ruling 2021-13 , which provides guidance on three important issues related to the income tax credit for carbon oxide sequestration found in section 45Q of the Internal Revenue Code.

Finance 59
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Winter Storm Uri and Force Majeure: The Legal Battles Continue

Producer's Edge

Winter Storm Uri sent shockwaves through Texas, freezing gas supplies at a time of critical need and plunging the state into widespread power outages. Under the contract, Pioneer agreed to deliver 20,000 MMBtu of natural gas daily to MIECO at the Ehrenberg pooling hub on the Arizona-California border. Pioneer Nat.

Gas 52
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New Developments in Shocking Case Before the Texas Supreme Court Regarding Construction of Novel Oil & Gas Royalty Term

The Energy Law

concerning a novel royalty term that may have a huge impact on the way oil and gas royalties are paid in the future. Devon Energy Production Company, L.P. Sheppard is a royalty dispute between several lessees, Devon Energy Production Co., and several lessors, Michael A. Sheppard, et. See 13-19-00036-CV, 2020 WL 6164467, at *12 (Tex.

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