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Exclusive: German insurers renew cover for blast-damaged Nord Stream gas link

Energy Central

“All indicate the pipeline's potential to resume operations following an alleged sabotage attack… According to five sources with knowledge of the situation, German insurers Allianz and Munich Re have extended their coverage for the damaged Nord Stream 1 gas pipeline, which is under the control of Russia.

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The Keystone XL Pipeline Was An Insurance Policy Against Russia And OPEC

Energy Central

is rapidly depleting our Strategic Petroleum Reserve (SPR) and is now begging Saudi Arabia and OPEC not to cut oil production. This is a result of the unintended — but predictable — consequences of U.S. energy policy that is often hostile to our domestic energy companies. Our energy policy is often undermined by well-meaning but naïve people.

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BOEM Releases Long Awaited New Financial Assurance Notice to Lessees and Operators

The Energy Law

The Bureau of Ocean Energy Management (BOEM) released its long awaited new Notice to Lessees and Operators (NTL) updating the procedures and criteria used to determine when and if additional supplemental financial assurance is required for an Outer Continental Shelf (OCS) lease, pipeline right-of-way, or right-of-use and easement.

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Department of Interior Proposes New Financial Assurance and Decommissioning Regulations

The Energy Law

The proposed regulations define “predecessor” as “a prior lessee or owner of operating rights, or a prior holder of a right-of-use and easement grant [RUE], or a pipeline right-of-way grant [ROW], that is liable for accrued obligations on that lease or grant.”

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Department of Interior Proposes New Financial Assurance and Decommissioning Regulations

The Energy Law

The proposed regulations define “predecessor” as “a prior lessee or owner of operating rights, or a prior holder of a right-of-use and easement grant [RUE], or a pipeline right-of-way grant [ROW], that is liable for accrued obligations on that lease or grant.”

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Louisiana Flooding – Legal Update

The Energy Law

The Liskow & Lewis family stands by our friends and neighbors throughout the unprecedented flooding in our community.

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DOI Announcement of a Proposed Rule on Risk Management, Financial Assurance and Loss Prevention

The Energy Law

supplemental bonding) for OCS lessees and grant holders of pipeline rights-of-way (“ROW”) and rights-of-use and easement (“RUE”), while protecting U.S. The announcement provides, among other things, that the proposed rulemaking is in efforts to clarify, streamline and provide greater transparency to the financial assurance requirements (e.g.,