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SEC’s Proposed Rules on Climate-Related Disclosures

The Energy Law

The challenges exist with respect to the disclosure of Scope 3 emissions, which are defined as all indirect GHG emissions not otherwise included in a registrant’s Scope 2 emissions that occur in the upstream and downstream activities of a registrant’s value chain. [4] 2] SEC Press Release, Statement from SEC Chair Gary Gensler, [link]. [3]

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Sixth Circuit Court of Appeals Affirms District Court Decision on Royalty Calculations

Vorys Energy

On February 1, 2022, the United States Court of Appeals for the Sixth Circuit affirmed the lower court’s decision in Zehentbauer Family Land, LP, et al. TotalEnergies E&P USA, Inc, et al. By using the netback method to determine those royalties, “Plaintiffs’ royalties are based on the wellhead value of the gas sold.

Royalty 40
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Bank of Ghana to gradually phase out Gold for Oil policy

Reporting Oil and Gas

We came in at the time in 2022 when the currency was depreciating very sharply and then prices at the pump became unbearable. The Central Bank believes that the programme has achieved its purpose and is no longer necessary. The Gold for Oil policy was a crisis management policy.

Oil 52
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Woodside Energy y Baker Hughes desarrollarán soluciones de descarbonización en industria petrolera y GNL 

Oil & Gas Magazine

Con base en su Memorando de Entendimiento (MoU) de 2022, que tena como objetivo avanzar en la descarbonizacin de la cadena de suministro de gas natural, Baker Hughes y Woodside han firmado un Acuerdo de Desarrollo Tecnolgico (TDA) para desarrollar las herramientas a pequea escala.

Energy 70
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HISTORY OF SPILLS: TC Energy’s Keystone pipeline (22 SPILLS: 2010-2022)

Adrian - Oil & Gas

EPA) December 8, 2022: PHMSA issues Corrective Action Order to TC Energy re: Dec. 7, 2022: TC Energy shut down its Keystone pipeline after detecting a leak of 588,000 gallons into a creek near Washington, KS about 20 miles south of Steele City, NE. TC Energy oil spill PR oil discharge 12-9-22 (Photo: U.S. CT on Dec. 30 spill. #21: