News & Analysis as of October 19, 2024

Oil & Gas

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The European Union is an economic and political partnership comprised of 27 nations within the Eurozone. The EU was established in 1948 to promote stability and cooperation among member states in the aftermath of WWII. The EU maintains a common currency as well as several intranational institutions, including the European Parliament and the European Commission. less -

What Does a New UK Government Mean for Climate Change?

Jones Day on 9/18/2024

On July 4, 2024, the UK general election took place, and the Labour Party won with a significant majority. After 14 years of Conservative Party rule, a number of changes are now expected in respect of the UK's position on...more

UK Supreme Court Quashes Planning Permission Due to a Failure to Consider Downstream (Scope 3) Greenhouse Gas Emissions

Jones Day on 7/19/2024

The Situation: On June 20, 2024, the UK Supreme Court handed down a landmark decision in R (on the application of Finch on behalf of the Weald Action Group) (Appellant) v Surrey County Council and others (Respondents) [2024]...more

Significant Implications for Environmental Assessment of Major Projects

BCLP on 6/21/2024

The Supreme Court’s judgment in R(Finch) v Surrey County Council [2024] UKSC 20 has potentially significant implications on how environmental impacts of major projects are assessed. The question at the heart of the case was...more

French Court Dismisses “Duty of Vigilance” Case Seeking to Halt Multibillion-Dollar Oil Pipeline Project

Cadwalader, Wickersham & Taft LLP on 3/27/2023

On February 28, a French court dismissed an action filed by six French and Ugandan NGOs aiming to force the suspension of TotalEnergies’ multibillion-dollar oil pipeline project in Uganda and Tanzania. The NGOs based their...more

Investors Pressure European Banks to End Financing for New Oil and Gas Fields

Cadwalader, Wickersham & Taft LLP on 2/27/2023

On February 7, a group of 30 investors, representing over $1.5 trillion of assets under management, wrote to the CEOs and board chairs of five major European banks “urging them to stop directly financing new oil and gas...more

Carbon Capture - The Missing Piece In The Net Zero Puzzle?

Vinson & Elkins LLP on 4/29/2021

In December 2020, the Norwegian government approved funding the $1.6 billion Northern Lights project led by Norway’s Equinor, Anglo-Dutch Shell and France’s Total. Northern Lights is the transportation and storage element of...more

Financial Daily Dose 12.02.2019 | Top Story: US Restores Metal Tariffs on Argentina and Brazil

Robins Kaplan LLP on 12/2/2019

The White House will again slap tariffs on steel and aluminum imports from Argentina and Brazil in an apparent reaction to “massive devaluation” of currencies in both South American nations....more

Energy Newsletter - January 2015

King & Spalding on 1/20/2015

In This Issue: - Mexico: E&P Regulator Issues First Call for Bids under Round One - Have the Challenges of the Energy Transition been Overcome? - Challenges for energy security in Europe: Do European...more

The “LNG Permitting Certainty and Transparency Act”— A Positive Step Toward Expediting U.S. LNG Export Projects

BakerHostetler on 1/19/2015

Restrictive regulations and permitting processes that operate at glacial speed (as opposed to market speed) pose the primary hurdles to greater U.S. exports of liquefied natural gas (LNG). In response to a chorus of...more

Energy Newsletter - January 2013

King & Spalding on 1/17/2013

In This Issue: - TRANSACTIONAL: Corporate/London; Maritime - Maritime Boundaries: UNCLOS and disputes over the right to explore and develop offshore reserves and the effect on the oil and gas industry -...more

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