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Weak refinery, export demand weakens prices for Midland crude along Texas coast

Oil & Gas 360ยบ

million barrels in the Permian were cut by the recent cold weather that hit operations, according to estimates from analysts at consultancy Energy Aspects. Cushing inventories have been near operational lows in recent months, but climbed to about 25.7 The jump in prices in February came as 1.8 premium to U.S. crude futures. million, 4.2%

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2019 Louisiana Investment Adviser Update

The Energy Law

US Government Shutdown Although the US government, and the SEC, is shutdown, advisers should continue to meet all statutory and regulatory deadlines as set forth in the SECโ€™s Operations Plan Under Government Shutdown (Dec. The forms are available from the Commissioner of Securities office.

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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. 1331 because the citiesโ€™ claims were โ€œnecessarily governed by federal common law.โ€ BP PLC et al., 19-1818). 19-1818).

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Labor and Employment Law FAQs Related to Hurricane Ida

The Energy Law

However, some employees are paid through check or other forms of payment, which can cause complications when employees are displaced or the employerโ€™s office is not fully operational. The regulations are clear that employers cannot use deductions โ€œfor absences occasioned by the employer or by the operating requirements of the business.โ€

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EPAโ€™s Shifting Guidance on Startup, Shutdown, and Malfunction Defenses in State Implementation Plans and Its Effect in Louisiana

The Energy Law

On September 30, 2021, the EPA once again signaled a policy change on what provisions a state can include in its Clean Air Act State Implementation Plan (โ€œSIPโ€) for exemptions and affirmative defenses during periods of startup, shutdown, and malfunction (โ€œSSMโ€). 33840 (June 12, 2015). LAC 33:III.507.J.1. 2020 SSM SIP Policy Memorandum.

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Chevronโ€™s Venezuela oil contractors continue work despite impending Trump deadline

Oil & Gas 360ยบ

and have not been warned of an impending shutdown despite a U.S. government deadline to stop producing oil there by early April. Chevron hires local companies to maintain oil wells, supply power generators, operate small drills and specialized equipment as well as manage housing contracts for employees. government.

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