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Texas Lawyer

Texas Attacks EPA's New Water Rule for Federal Overreach

The Texas AG recently filed a lawsuit on behalf of the state of Texas and a number of other parties against the EPA seeking to vacate the new water rule that was recently enacted under the Clean Water Act.
3 minute read

Texas Lawyer

BP to Settle Oil Spill Claims for $18.7B, Payout Over 18 Years

After five long litigious years in the wake of the massive Deepwater Horizon oil spill in the Gulf of Mexico, the oil giant BP recently reached an agreement in principle to settle for up to $18.7 billion all federal, state and local claims arising from the 2010 event.
7 minute read

Texas Lawyer

Supreme Court Won't Hear Appeals From BP, Anadarko Over Oil Spill Fines

On June 29, the U.S. Supreme Court rejected the appeals of BP and Anadarko Petroleum over potential federal fines for their role in the oil spill in the Gulf of Mexico.
2 minute read

National Law Journal

BP Reaches Record $18.7B Deal With Feds, States Over Oil Spill

BP PLC has agreed to pay more than $18.7 billion to resolve civil claims with the federal government and five Gulf states related to the 2010 Deepwater Horizon oil spill.
2 minute read

Texas Lawyer

SCOTUS Rules for Power Industry in EPA Case

In a 5-4 ruling, the Supreme Court justices held that the EPA should have examined the costs to the electric power sector before electing to restrict the levels of the toxic air pollutants it regulated in 2011.
4 minute read

Supreme Court Brief

Supreme Court Tells EPA To Consider Costs of Pollution Regulations

The U.S. Environmental Protection Agency has fared well before the U.S. Supreme Court in recent Clean Air Act cases. But the streak ended Monday when the justices ruled that the EPA must consider the cost to industry in regulating mercury emissions from factories and coal plants.
5 minute read

Texas Lawyer

Energy XXI in $245 Million Pipeline Asset Sale

In a new development, Energy XXI recently announced that it has executed a purchase and sale agreement to sell the Grand Isle Gathering System (GIGS) to CorEnergy Infrastructure Trust Inc. for $245 million in cash plus the assumption of abandonment liabilities related to the assets. The GIGS is a subsea, midstream pipeline system with related onshore facilities serving oil-producing fields in the shallow portion of the Gulf of Mexico.
4 minute read

Texas Lawyer

Pipeline to Profits: Mexico to Spend $10 Billion on Energy Projects, Should Provide Boost to Texas O&G Sector

Faced with an exploding population, Mexico's state-owned electricty utility, Comisión Federal de Electricidad (CFE), recently announced plans to spend close to $10 billion to bolster the amount of electricity provided to its citizens. The largest gas pipeline project consists of a $3.1 billion underwater line from Brownsville, Texas, to the Mexican Gulf port of Tuxpan.
3 minute read

Texas Lawyer

Punch List: What To Do When You Are Threatened or Sued

Be flexible (as these guidelines are also flexible) and be ready to adapt, as every case is going to be different and present its own challenges, pitfalls, and brand new twists.
6 minute read

Texas Lawyer

Energy Transfer's $53B Merger Bid Rejected

Recently The Williams Group publicly rejected the $53.1 billion acquisition offer made by Dallas-based Energy Transfer Equity.
3 minute read

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