News & Analysis as of

Oil & Gas Amended Regulation

BCLP

Further Changes to the Energy (Oil and Gas) Profits Levy Announced

BCLP on

The UK government has announced further changes to the Energy (Oil and Gas) Profits Levy, increasing the rate to 38%, extending the period to which it applies to 31 March 2030 and removing the “unjustifiably generous” main...more

K&L Gates LLP

June 2024 ESG Policy Update—Australia

K&L Gates LLP on

Australian Update - Australia and EU Enter Into Critical and Strategic Minerals Partnership - On 28 May 2024, Australia and the European Union (EU) signed a Memorandum of Understanding (MOU) for a bilateral partnership to...more

Stinson - Corporate & Securities Law Blog

SEC Proposes Rules on Disclosure of Payments by Resource Extraction Issuers

The SEC is proposing Rule 13q-1 and an amendment to Form SD to implement Section 1504 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “DoddFrank Act”) relating to disclosure of payments by resource...more

Akin Gump Strauss Hauer & Feld LLP

EPA Proposes Rollback to 2016 Methane Rule

On September 11, 2018, the U.S. Environmental Protection Agency (EPA) announced a proposed rule to amend various provisions of a key Obama-era regulation that sought to reduce methane emissions from oil and natural gas...more

Bracewell LLP

House Votes to Invalidate Extraction Payment Disclosure Rule

Bracewell LLP on

On February 1, 2017, the U.S. House of Representatives passed House Joint Resolution 41 to annul the Extraction Payment Disclosure Rule. The rule would require oil and gas companies to disclose in annual reports for fiscal...more

Burr & Forman

South Carolina Legislative Tax Update: Governor Signs Bill Amending South Carolina Tax Law to Conform With the Internal Revenue...

Burr & Forman on

Differences in federal and state tax laws can cause taxpayer headaches, and often lead to incorrect state tax filings. While South Carolina’s tax code continues to treat certain items differently than the Internal Revenue...more

Stoel Rives LLP

Kern County Acts to Streamline Oil & Gas Permitting

Stoel Rives LLP on

In a process that took nearly three years to complete, on Monday, November 9, the Kern County Board of Supervisors unanimously approved a significant change to its oil and gas regulations....more

Beveridge & Diamond PC

New York State Department of Environmental Conservation Revises Regulations Governing Bulk Storage Tanks

Beveridge & Diamond PC on

The New York State Department of Environmental Conservation (NYSDEC) issued revised regulations, effective October 11, 2015, governing the management and bulk storage of petroleum and hazardous substances. Corresponding...more

Williams Mullen

Virginia’s Aboveground Storage Tank Regulations Are Amended

Williams Mullen on

The Virginia State Water Control Board (“Board”) recently published long-awaited changes to the state’s petroleum aboveground storage tank (“AST”) regulations. This is a final regulatory action, and the changes become...more

Seyfarth Shaw LLP

EPA Adopts Significant Revisions to Underground Storage Tank Regulations

Seyfarth Shaw LLP on

The U.S. Environmental Protection Agency has promulgated significant new provisions both to its 1988 underground storage tank (UST) regulations and to its 1988 state program approval (SPA) regulations. 80 Fed. Reg. 41566...more

BakerHostetler

Texas Operator Pushes Back on Seismic Claims at Railroad Commission Hearing

BakerHostetler on

Earlier this week, the Texas Railroad Commission held its first “show cause” hearing under the rule amendments adopted last October to address issues related to disposal wells located in potential high-risk seismic areas....more

Porter Hedges LLP

Environmental Alert: "TCEQ Announcement Regarding Storage Vessels Subject to New Source Performance Standards for Oil and Gas...

Porter Hedges LLP on

In light of EPA’s final amendments to the New Source Performance Standards (NSPS) for Oil and Gas Production, Transmission and Distribution, the Texas Commission on Environmental Quality released a statement via email on...more

12 Results
 / 
View per page
Page: of 1

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide