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New IRS Revenue Ruling Provides Opportunities for Financing Carbon Capture Equipment

The Energy Law

It is the second conclusion above that ruling that provides new opportunities for owners of plant facilities to finance the investment in carbon capture equipment necessary to prevent emitting carbon dioxide produced at their facilities into the atmosphere.

Finance 59
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Strong Dissent Warns of “Devastating Economic Repercussions” of Second Circuit’s Decision in Oil & Gas Case

The Energy Law

T]he opinion will have a most chilling effect on the financing of oil and gas operations, which in turn will have an adverse economic effect on government and business in our state. Chief Judge Henry Brown, Jr., also dissented from the denial of rehearing and “strongly agree[d] with the written reasons assigned by J.

Casing 40
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Louisiana First Circuit Reaffirms Prescription and Subsequent Purchaser Principles

The Energy Law

3d—, the Louisiana First Circuit recently reaffirmed well-settled principles regarding prescription and the subsequent purchaser doctrine in Louisiana legacy cases. In this case, Lexington Land sued Chevron U.S.A., This opinion reinforces several key concepts in legacy cases. 5/25/21), 2021 WL 2102932, —So.

Casing 59
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Operators May Earn and Sell Carbon Credits for the P&A of Inactive, Shut-in, or Temporarily Abandoned Wells

The Energy Law

The methodology is designed to incentivize and accelerate the plugging of inactive wells that would otherwise continue to emit methane into the atmosphere and to allow operators to take advantage of the growing carbon market to help finance this expensive, but important, activity. Well Eligibility.

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Supreme Court Punts on Important Arbitrability Question

The Energy Law

The distributor argued that the inclusion of its request for injunctive relief brought the case under the carve-out in the arbitration provision. This is now the second time this case has been before the Supreme Court on issues of arbitrability. It also rejected the “wholly groundless” exception altogether. 3d 1010 (2d Cir.

Casing 76
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Louisiana First Circuit Reaffirms Prescription and Subsequent Purchaser Principles

The Energy Law

3d—, the Louisiana First Circuit recently reaffirmed well-settled principles regarding prescription and the subsequent purchaser doctrine in Louisiana legacy cases. In this case, Lexington Land sued Chevron U.S.A., This opinion reinforces several key concepts in legacy cases. 5/25/21), 2021 WL 2102932, —So.

Casing 52
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Louisiana First Circuit Reaffirms Prescription and Subsequent Purchaser Principles

The Energy Law

3d—, the Louisiana First Circuit recently reaffirmed well-settled principles regarding prescription and the subsequent purchaser doctrine in Louisiana legacy cases. In this case, Lexington Land sued Chevron U.S.A., This opinion reinforces several key concepts in legacy cases. 5/25/21), 2021 WL 2102932, —So.

Casing 52