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New IRS Revenue Ruling Provides Opportunities for Financing Carbon Capture Equipment

The Energy Law

For more information on carbon capture and section 45Q tax credits, see here , here and here. Consider the case of a new plant facility being constructed by a project company the equity funding of which will be provided by a private equity firm whose investors are mostly tax-exempt institutions.

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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New Business Courts: Strategic Considerations for Oil and Gas Counsel

Producer's Edge

The Texas Business Courts will potentially impact a wide range of cases, from high-value contract disputes to intricate corporate governance issues. What potential pros and cons may arise from submitting a case to the new Business Courts? How might existing agreements and future contracts be affected by this new forum?

Oil 52
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Utilities and EVs: How to Drive Success

True Energy

The utilities and EVs business case The EV customer journeyfrom deciding what EV to buy to learning to optimise driving and chargingpresents multiple touchpoints where utilities can enhance the experience. Many first-time EV buyers need clarification on the mass of information, misinformation and sales pitches they encounter.

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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