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Upstream Midstream Downstream – What is the Difference?

Aresco

Upstream: Activities: Upstream refers to the exploration and production (E&P) phase of the oil and gas industry. Key Processes: Refining, petrochemical manufacturing, distribution, and retailing of refined products. It also includes the distribution and sale of these products to consumers.

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Climate Change Jurisdiction: U.S. Court of Appeals for the Ninth Circuit Kicks Climate Change Case Back to State Court

The Energy Law

Amidst historically low oil prices and economic shutdowns, fossil fuel companies continue to defend against lawsuits brought by state and local governments claiming climate-change related damages. 1442(a)(1). In City of Oakland et al. 1442(a)(1). 1442(a)(1).

Casing 52
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Lithium Extraction May Soon Turn Produced Water Into Produced Profits

The Energy Law

First, the Advanced Manufacturing Production Credit grants a tax credit equal to 10% of the costs incurred to produce any critical minerals, [1] including lithium. [2] First, the Advanced Manufacturing Production Credit grants a tax credit equal to 10% of the costs incurred to produce any critical minerals, [1] including lithium. [2]

E&P 105
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Liskow & Lewis CARES Act Tax Analysis – Part II

The Energy Law

Bradford and Jeffrey P. On Friday, March 27, 2020, President Trump signed into law the CARES Act, which contains many provisions designed to mitigate the impact of the Coronavirus pandemic. Liskow & Lewis attorneys John T. The new deduction is generally governed by the relevant rules in IRC Section 170 with a few modifications.