Rextag

MARCH 3, 2025

Can BP maintain its vision of a low-carbon future while doubling down on oil and gas? BP has announced a shift in its energy strategy, moving away from aggressive renewables investments and increasing its oil and gas production spending. The company aims to boost daily oil and gas production to between 2.3 million and 2.5

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The Energy Law Blog

JULY 15, 2021

As the number of solar projects continues to grow in Louisiana, a chief concern among Louisiana taxpayers is ensuring that these projects are properly decommissioning upon their abandonment. Solar development is largely in its infancy in Louisiana, with only a handful of projects having been constructed to date.

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The Energy Law Blog

JANUARY 28, 2021

Several pieces of energy-industry legislation are teed up for debate as state legislatures reconvene for their first sessions of 2021. 2] New Mexico’s 2021 Legislative Session will consider a bill that would significantly change how the state regulates oil and gas operations. Pre-filed and introduced by State Sen. Senate Bill 119 ( S.

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Rextag

JANUARY 21, 2025

The oil and gas industry navigates a transformative 2025 period shaped by strategic consolidations, maturing resource plays, and shifting market fundamentals. Dan Pickering, chief investment officer of Pickering Energy Partners, provides a nuanced look at the trends and challenges shaping the sector, supported by key numbers and forecasts.

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Energy Central

JULY 3, 2022

And the consequence has been the search for sources that had already been abandoned or greatly reduced, and that are much more emitting. The rise in prices for gas and oil derivatives has led many countries. Victim of the war in Ukraine: emissions The Russian invasion triggered a global setback also on the issue of reducing emissions.

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The Energy Law Blog

JUNE 3, 2022

In response to various pressures on the energy industry to reduce the environmental impact associated with excess carbon dioxide emissions, many energy companies are investigating carbon capture and sequestration projects as a means of reducing their carbon emissions.

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The Energy Law Blog

JANUARY 28, 2021

Several pieces of energy-industry legislation are teed up for debate as state legislatures reconvene for their first sessions of 2021. New Mexico’s 2021 Legislative Session will consider a bill that would significantly change how the state regulates oil and gas operations. Pre-filed and introduced by State Sen. Senate Bill 119 ( S.

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The Energy Law Blog

MARCH 27, 2020

Coupled with the recent decline in oil and gas prices, many operators are left scrambling in an attempt to navigate unprecedented circumstances. For wells that have already been placed on a schedule of abandonment, Conservation already allows operators to delay the plugging of wells for up to a year.

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The Energy Law Blog

SEPTEMBER 21, 2021

Some of the actions are related to development of renewable energy in Louisiana, whereas others aim to manage emissions. For example, strategy 9 is to “increase resources for decommissioning legacy oil and gas infrastructure.” Noteworthy actions include: ACTION 5.6 Associated Submitted Action Proposals: 7, 45, 49, 74, 155).

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The Energy Law Blog

JULY 15, 2021

As the number of solar projects continues to grow in Louisiana, a chief concern among Louisiana taxpayers is ensuring that these projects are properly decommissioning upon their abandonment. Solar development is largely in its infancy in Louisiana, with only a handful of projects having been constructed to date.

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The Energy Law Blog

NOVEMBER 10, 2017

Factual Background In July of 2008, nearly 300,000 gallons of oil spilled into the Mississippi River in New Orleans when a tugboat towing an oil-filled barge veered across the river into the path of an ocean-going tanker. American Commercial Lines, L.L.C. , 16-31150, F.3d 3d (5th Cir. 2703(a) 33 U.S.C. 2701(32)(A). [2]

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The Energy Law Blog

JANUARY 2, 2013

In response, the Secretary of the Interior drafted a report entitled, “Increased Safety Measures for Energy Development on the Outer Continental Shelf,” which recommended a number of actions to increase safety. Following the report, the Secretary of the Interior directed BOEMRE to adopt and implement the report’s recommendations. 50856 (Aug.

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The Energy Law Blog

JANUARY 4, 2007

The Court will also hear arguments on the applicability of the discovery rule and fraudulent concealment to claims by oil and gas lessors. The Court will also hear arguments on the applicability of the discovery rule and fraudulent concealment to claims by oil and gas lessors. Emerald Oil & Gas v. Exxon Corp., 27, 2005, pet.

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The Energy Law Blog

FEBRUARY 20, 2024

The DOI’s Bureau of Safety and Environmental Enforcement (“BSEE”) is slated to make further revisions to its decommissioning regulations, following other decommissioning amendments made last year as previously reported on The Energy Law Blog. BSEE’s 2024 decommissioning rule would update 30 C.F.R. 250.1403; NTL No. 2023-N02 (March 24, 2023).

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The Energy Law Blog

APRIL 12, 2022

Sandhill never managed to stop the leak, and it abandoned the well in August 2019. The Lyon Well was leaking in 2018, which prompted the LDNR to task the current operator (Sandhill Production, Inc.) with stopping the leak. The LDNR declared an emergency over the Lyon Well leak and spent money from the Fund on the emergency response.

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The Energy Law Blog

JULY 20, 2018

Gulf Oil Corp. , [1] for determining whether a contract to perform services related to oil & gas exploration on navigable waters is maritime, the Fifth Circuit took up In re Larry Doiron, Incorporated [2] earlier this year in an effort to streamline the test and bring clarity to an area of the law mired in uncertainty.

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Drillers

AUGUST 19, 2020

Necessities include food, shelter and energy. The process of building a nuclear power station, wind farm, hydroelectric turbine or oil well can take years. The process of planning, safekeeping and operating energy production facilities is a long term process, running into decades. Building homes take longer.

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The Energy Law Blog

APRIL 30, 2020

While the long-term fallout from the recent decline in oil prices and the COVID-19 pandemic remains unclear, it is clear that drilling activity has already started to decline. The well was a dry hole, however, and was therefore plugged and abandoned on April 21, 2006. Cannisnia Plantation, LLC v. A well was spud on March 28, 2006.

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The Energy Law Blog

JANUARY 20, 2021

Yesterday, the United States Supreme Court heard oral arguments in the climate change lawsuit filed by the City of Baltimore in 2018 against energy companies. This case is one of a number of cases brought by states, cities, and other municipalities against energy companies alleging that the companies contributed to climate change.

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The Energy Law Blog

OCTOBER 26, 2020

The new update seeks to further clarify the framework for carbon capture and storage, in part, by authorizing the commissioner to approve the conversion of depleted oil formations and existing enhanced oil or gas recovery operations into geologic storage facilities. A state with UIC primacy oversees the UIC program in that state.

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The Energy Law Blog

JANUARY 20, 2021

Yesterday, the United States Supreme Court heard oral arguments in the climate change lawsuit filed by the City of Baltimore in 2018 against energy companies. This case is one of a number of cases brought by states, cities, and other municipalities against energy companies alleging that the companies contributed to climate change.

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The Energy Law Blog

FEBRUARY 19, 2008

The Court also addressed the nature of the implied duties in oil and gas leases, whether the ambiguity of the underlying agreement precludes class treatment, and the extent to which class representatives may abandon individualized claims in order to preserve class treatment for common claims.

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The Energy Law Blog

OCTOBER 26, 2020

The new update seeks to further clarify the framework for carbon capture and storage, in part, by authorizing the commissioner to approve the conversion of depleted oil formations and existing enhanced oil or gas recovery operations into geologic storage facilities. A state with UIC primacy oversees the UIC program in that state.

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The Energy Law Blog

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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The Energy Law Blog

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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Crude Oil Futures

MARCH 8, 2025

Despite President Trump's vocal "Drill, baby, drill" mantra, his push to boost crude oil supply has yet to fully take shape. Undeterred, he continues to press forward, shifting his focus toward pressuring oil producersparticularly in the Middle Eastto ramp up output until U.S. production reaches his desired levels. Yielding to U.S.

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Crude Oil Futures

DECEMBER 8, 2024

Nor did it boldly declare that the measures that they adopted would achieve their most cherished goal, stabilizing the markets, the code word of the OPEC +for an increase in the price of oil. President Trump will not abandon his, Drill, baby, drill strategy for sure. OPEC+ cannot overlook this plain reality.

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Oil & Gas 360º

MARCH 11, 2025

(Oil & Gas 360) – After World War II, the US established a new rules-based liberal international order dominated by new liberal democracies. Germany, once considered Europes industrial and economic leader, followed such illogical energy policies it is now de-industrializing. The US will not abandon Europe.

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