September 23, 2016 | Texas Lawyer
FERC Issues Draft Environmental Impact Statement for Controversial $3.5B Mountain Valley Pipeline ProjectThe Federal Energy Regulatory Commission issued a draft environmental impact statement recently for the controversial proposed $3.5 billion Mountain Valley Pipeline (MVP) for natural gas in Virginia and West Virginia, saying the project would have "limited adverse impact with the exception of impacts on forests." The project will not be officially approved until FERC issues the final approved version of the impact statement.
By ANGELA NEVILLE
9 minute read
September 02, 2016 | Texas Lawyer
Regulators Boost Scrutiny of Bank Loans to Oil and Gas CompaniesIn the wake of the U.S. mortgage industry meltdown that peaked in 2008, key federal agencies are now focused on avoiding a similar fiasco in the energy sector. Several agencies, including the Federal Reserve System, the Federal Deposit Insurance Corp. and the Office of the Comptroller of the Currency are increasingly taking a stricter approach to rating the risk level of banks' loans to exploration and production companies.
By Angela Neville
6 minute read
September 01, 2016 | Texas Lawyer
The National Oceanic and Atmospheric Administration Attempts to Protect Marine Mammals From O&G Operations' NoiseA powerful air-gun fires underwater as part of a seismic survey to find oil reservoirs. An underwater explosive breaks down a rig that's being decommissioned. Pile-driving hammers smash into the seabed. These are the sounds of oil and gas operations in the ocean—unheard by most humans but an auditory disruption, according to environmentalists, to the marine life of the seas, including dolphins and whales.
By Angela Neville
16 minute read
August 17, 2016 | Texas Lawyer
Exxon Brawls with Massachusetts AG in Texas Over Probe Alleging Climate Change FraudMassachusetts Attorney General Maura Healey last week urged a federal trial judge in Texas to dismiss Exxon Mobil Corp.'s challenge to the state's investigation into allegations the oil company misled consumers and investors about climate change.
By Angela Neville
13 minute read
August 09, 2016 | Texas Lawyer
Texas Senate is Pushed to Streamline Groundwater RegulationsSeveral attorneys, a Texas university policy group and a number of water rights groups recently urged a Texas Senate committee to simplify state groundwater regulations, saying the regulatory framework makes it difficult for businesses to carry out projects that involve the use of groundwater.
By Angela Neville
8 minute read
August 01, 2016 | The American Lawyer
Big DealsMicrosoft acquires LinkedIn, and Argentina's Grupo Supervielle goes public. Plus, Deals in Brief.
By Nell Gluckman, Jennifer Henderson, Brenda Sapino Jeffreys and Angela Neville
168 minute read
August 01, 2016 | Texas Lawyer
Outwitting Hacker AttacksThe U.S. oil and gas sector is now paying attention to cybersecurity threats and working to defend its networks and physical assets. Randy Sabett, special counsel at Cooley in Washington, D.C., who specializes in privacy and data protection practice, discusses trends in protecting the oil and gas sector from cyberattacks.
By Angela Neville
17 minute read
July 27, 2016 | Texas Lawyer
C&J Energy Files for Bankruptcy after Reaching $1.4B Deal with LendersA leading provider of well services to the U.S. and Canadian oil and gas industry filed for bankruptcy last week in Houston after reaching a debt-restructuring agreement with its lenders.
By Angela Neville
3 minute read
July 22, 2016 | Texas Lawyer
Texas Judge Rules Against Gas Company in Dispute Over FERC PenaltyA gas and power company has no recourse in federal court to interrupt ongoing administrative proceedings as regulators pursue claims of manipulation of the natural gas market, a Texas judge said.
By Angela Neville
10 minute read
July 20, 2016 | Texas Lawyer
Sunoco Settles with EPA Over Oil Spills in Texas and OklahomaSunoco Pipeline will pay the U.S. government $850,000 in civil penalties to resolve environmental claims tied to crude oil spills from the company's Barbers Hill, Texas facility and from the Cromwell, Oklahoma, facility. Sunoco Pipeline is a subsidiary of Sunoco Logistics Partners Operations.
By Angela Neville
4 minute read
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