Thursday, January 2, 2025

Law

ExxonMobil Responds to NY Attorney General’s Allegations

ExxonMobil Corp. lambasted New York Attorney General Eric Schneiderman after he made what Exxon calls, “inflammatory, reckless, and false allegations,” regarding the manner in which the company evaluates the impact of global warming on its assets and operations. The NY AG’s stance is that ExxonMobil misled investigators in its use of proxy costs to estimate carbon impact. ExxonMobil uses proxy

Attorneys Enter the Energy Sector

From the American Lawyer Jenner & Block, having just recruited Akin Gump Strauss Hauer & Feld’s energy regulatory co-chair Suedeen Kelly, is building out a new practice group after adding two more lawyers with experience at the Federal Energy Regulatory Commission. The move marks Jenner & Block’s third new practice area in almost as many months, as the firm launched an aerospace

CU Denver Business School Study Itemizes $ Billions in Paychecks, Colorado Schools, Services from Oil & Gas Drilling and Production - Colorado Capitol - Oil & Gas 360

AG Refers Martinez Appellate Court Decision to Colorado Supreme Court

Outcome could have ‘profound effect’ on how or whether oil and gas operations are permitted in Colorado Colorado Attorney General Cynthia Coffman has sent what could turn into a landmark oil and gas ruling to the Colorado Supreme Court for review. An earlier ruling by the appellate court in the case of Martinez v. COGCC could change the parameters under

Oil & Gas 360 Gov. Hickenlooper interview

28 Colorado Mayors, County Commissioners Ask Gov. Hickenlooper to Override COGCC Vote on Martinez Case

Colorado’s anti-oil politics A letter to Colo. Gov. John Hickenlooper from a group of sitting Colorado mayors, council members, trustees and county commissioners, dated May 15, 2017, made a plea to the Colorado governor “to override the COGCC vote and decline to file a petition for certiorari review of Martinez. We further ask that, if the Court grants certiorari on the petition

Homeowners Sue FERC, Its 2 Commissioners and Nexus to Block Pipelines through Northeast Ohio

From the Associated Press/Vindicator More than 60 property owners in northeast Ohio are asking a federal court to block a proposed high-pressure natural gas pipeline. Organizers of the Coalition to Reroute Nexus say a suit filed Friday in U.S. district court charges that the project violates the owners’ due process rights, misuses eminent domain to take property, and jeopardizes their

Attorney Charged with Insider Trading after Profiting from Confidential Client Information

From the American Lawyer Walter “Chet” Little, a real estate and banking partner at Bradley Arant Boult Cummings who joined the firm’s Tampa office last summer, has been hit with criminal insider trading charges by federal prosecutors in New York. Little, 43, and his alleged business associate Andrew Berke, 49, are accused of using nonpublic information to make $1 million

No $40 Billion in Damages: Former CEO Greenberg Loses Appeal over 2008 AIG Bailout

Bernanke, Paulson and Geithner testified From Reuters A federal appeals court threw out a ruling that the U.S. government illegally bailed out insurer American International Group Inc (AIG.N) during the 2008 financial crisis, in a defeat for former chief executive officer Maurice “Hank” Greenberg. The Federal Circuit Court of Appeals in Washington said Greenberg’s Starr International Co had no legal

Colorado: Weld County Just Created its Own Oil & Gas Department Oil & Gas 360

Edge of the Wattenberg: as Moratorium Expires Crestone Peak Attempts to bring Drilling Back to Boulder County

Crestone Peak applied to drill 216 wells in Boulder County Judge dismisses Colorado Attorney General’s lawsuit v. Boulder County after moratorium expires on May 1 Local control is alive and well in Boulder County By Bevo Beaven, Editor, Oil & Gas 360 A five year moratorium on drilling in unincorporated Boulder County, Colorado, just expired. Will oil and gas drilling return to

Colorado Energy Law Fallout: Boulder County Enacts Emergency Oil and Gas Moratorium through Q1 2020 - Oil & Gas 360

Case That Would Restrict Colorado Oil & Gas Permitting Wins a Reversal in Appeals Court

The majority opinion conjures a condition precedent out of grammatical thin air, which now enshrines the “precautionary principle” in Colorado law.  This has been a goal of environmental advocates pursuant to COGCC rulemaking for many years – API/CPA In February, attorneys for a group of under-aged plaintiffs argued the youths’ case against permitting practices used by the Colorado Oil and Gas Conservation

Growing Threat to Big Law: Stay-at-Home-Rainmakers at Cloud-Based Law Firms

From American Lawyer Work from your house. Set your own billable rate. And keep 80 percent of the money from every matter you originate and handle. That’s the sales pitch Culhane Meadows, a firm with no office space that opened in 2013, has used to attract a horde of Big Law refugees. In less than four years, the cloud-based firm has grown

97-Year-Old Jones Act Nets Record Settlement from Alaska Energy Producer

From GCaptain An Alaskan company whose main focus is on the exploration and production of natural gas and oil in the Cook Inlet, AK has agreed pay a record $10 million fine for violating the Jones Act when it moved a drilling rig from the Gulf of Mexico to Alaska using a foreign-flagged vessel. The settlement is the largest Jones Act

Oil & Gas 360 The U.S. energy sector, while not entering a downturn, is facing an extended period of lower oil prices, lower profits and tighter spending, ultimately leading to slower growth, fewer companies and fewer jobs

Haynes and Boone Spring 2017 Oil and Gas Borrowing Base Survey Reflects “Cautious Optimism”

Energy companies will have access to debt in 2017 Haynes and Boone, LLP released its spring 2017 survey of oil and gas borrowers and lenders this week, demonstrating a modestly improved outlook for the oil and gas market. In its “Borrowing Base Redeterminations Survey: Spring 2017,” the firm polled a broad cross-section of the industry, including executives at oil and gas