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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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A New Opinion Report is Published: Assistance for Real Estate Financing Transactions

The Energy Law

A Lender in a real estate financing transaction often requires borrower’s counsel to opine on certain aspects of the transaction as a condition to the closing. The first opinion report specifically addressing financing opinions in real estate transactions was the Real Estate Opinion Letter Guidelines published in 38 Real Prop.

Finance 40
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Proposed Louisiana Senate Bills Could Secure Up To $200M In Federal Funds For Orphan Well Restoration

The Energy Law

Currently, the Fund is primarily financed by fees imposed on oil and gas production within the State and is capped at $14 million. Privacy Policy: By subscribing to Liskow & Lewis’ E-Communications, you will receive articles and blogs with insight and analysis of legal issues that may impact your industry.

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U.S. DEPARTMENT OF INTERIOR ISSUES 60-DAY MORATORIUM ON FEDERAL LEASING AND DRILLING PERMITS

The Energy Law

Privacy Policy: By subscribing to Liskow & Lewis’ E-Communications, you will receive articles and blogs with insight and analysis of legal issues that may impact your industry. Communications include firm news, insights, and events.

Oil 76
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Texas Court Holds Drop in Oil Prices is Not Force Majeure

The Energy Law

As a result, Olmos was unable to secure financing for drilling and informed ConocoPhillips that it would be unable to meet its drilling obligations. ConocoPhillips disputed the applicability of the catch-all language and argued that, unless specifically included, a foreseeable event cannot qualify as a force majeure.

Oil 40
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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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ESG and Derivatives – ISDA’s Latest Publications

The Energy Law

ISDA executives also held a virtual press briefing on September 9, 2021 in which they discussed, with senior market participants, the role of derivatives in the rapid growth of sustainable financing products and ISDAs work in supporting this new market. Communications include firm news, insights, and events. Click here for the paper.