Vorys Energy

JANUARY 20, 2022

This post provides an important Ohio-specific update to our October 11, 2021 post regarding U.S. EPA’s policy on State regulatory exemptions for air emissions during periods of facility startup, shutdown and malfunction (SSM). Following U.S.

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Shutdown 40

The Energy Law

MARCH 1, 2021

In the world of oil and gas, there are a lot of companies with debt maturities coming due in 2020 or 2021 ( see this article from the Wall Street Journal discussing the $120 billion debt wall these companies will face through 2023), and oil prices have been below the break-even point for many drilling sites.

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E&A Casing Shutdown IT 52

The Energy Law

MARCH 1, 2021

In the world of oil and gas, there are a lot of companies with debt maturities coming due in 2020 or 2021 ( see this article from the Wall Street Journal discussing the $120 billion debt wall these companies will face through 2023), and oil prices have been below the break-even point for many drilling sites.

E&A 40

E&A Casing Shutdown IT 40

The Energy Law

OCTOBER 14, 2021

On September 30, 2021, the EPA once again signaled a policy change on what provisions a state can include in its Clean Air Act State Implementation Plan (“SIP”) for exemptions and affirmative defenses during periods of startup, shutdown, and malfunction (“SSM”). 2021 SSM SIP Policy Memorandum. 33840 (June 12, 2015).

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Shutdown IT Maintenance E&A 59

The Energy Law

MARCH 31, 2020

For eligible employers with an average of less than 100 employees during 2019, wages qualify for the credit if paid to employees for any period of time where the business is subject to a shutdown order or for any quarter with reduced gross receipts as described above – regardless of whether the employees continue to provide services to the employer.

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