News & Analysis as of

Oil & Gas Energy Sector Hydrocarbons

Newburn Law

The Death of the Acreage Dedication?

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Acreage dedications in midstream oil and gas contracts have been subject to considerable scrutiny and legal debate in recent years. This article provides an overview of the current state of acreage dedications, examining key...more

Hogan Lovells

Restablecimiento de Medidas Asimétricas a Pemex en Ventas de Primera Mano y Comercialización

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El 15 de junio de 2023, la Suprema Corte de Justicia de la Nación otorgó un amparo a diversas empresas que implica el restablecimiento de medidas asimétricas que fueron impuestas por la Comisión Reguladora de Energía (“CRE”)...more

Hogan Lovells

ASEA publica proyecto de nueva NOM para almacenamiento de Gas LP

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El Proyecto de nueva Norma Oficial Mexicana pretende regular aspectos relacionados con las instalaciones de almacenamiento de Gas LP....more

Bracewell LLP

Storage Wars: Ownership of Subsurface Salt Cavern Storage Rights

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Underground salt caverns are commonly used for the storage of liquids including liquefied hydrocarbons. These caverns are created by solution mining of salt from inside underground salt formations and could play a pivotal...more

Holland & Knight LLP

Consejo de Estado de Colombia precisa expensas necesarias en el sector de hidrocarburos

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En sentencia de 10 de noviembre de 2022, proferida dentro del expediente #25212, la Sección Cuarta del Consejo de Estado de Colombia reiteró que para determinar si un costo o gasto tiene relación de causalidad con la...more

Holland & Knight LLP

ANH adopta criterios para la administración de contratos y convenios en Colombia

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La Agencia Nacional de Hidrocarburos (ANH) de Colombia, el 25 de julio de 2022, expidió el Acuerdo 005 de 2022 (el Acuerdo) por medio del cual adoptó criterios para la administración de Contratos y Convenios para actividades...more

White & Case LLP

Recovering prices stabilize oil and gas credits

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Recovering oil prices brought much needed stability to the balance sheets of oil and gas borrowers that were on the brink of foreclosure through lockdowns, but the transition away from hydrocarbons poses an ongoing challenge...more

Opportune LLP

Navigating The Energy Transition: Oil & Gas Industry’s Long Road Ahead

Opportune LLP on

Find out why upstream oil and gas companies are playing the long game on the path towards an energy transition....more

White & Case LLP

Amendment to the Hydrocarbons Law and resolution that eliminates the asymmetric regulation applicable to Pemex

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On May 19, 2021, the Mexican President Andrés Manuel López Obrador published in the Federal Official Gazette1 the "Decree amending the thirteenth transitory article of the Hydrocarbons Law" (the "Reform"), in order to...more

White & Case LLP

Amendment to the Hydrocarbons Law

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Following our client alert published on March 30, 2021, the "decree by which several provisions of the Hydrocarbons Law are amended and added" (the "Reform") was published on May 4, 2021 and entered into effect on May 5,...more

Holland & Knight LLP

Mexico Discusses to Revoke Asymmetric Regulation to Pemex

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On April 20, 2021, the Mexican Energy Commission of the Chamber of Representatives (Comisión de Energía de la Cámara de Diputados) held an extraordinary session to present and approve on the same day a bill to reform the...more

Holland & Knight LLP

Mexico's Lower House Approves Bill to Reform Oil and Gas Sector

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After approval from the Mexican Energy Commission of the Chamber of Representatives (Cámara de Diputados), the country's lower house of congress approved on April 14, 2021, the bill to reform the Hydrocarbons Law (Ley de...more

Jones Day

Mexico's Hydrocarbons Law: What Foreign Investors in Mexico Must Know to Protect Their Rights

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On March 26, 2021, Mexico President López Obrador sent a bill to Congress to modify the country's hydrocarbons law (the "Draft Bill"). Under the Draft Bill, (i) the granting of import, commercialization, and distribution...more

Holland & Knight LLP

Mexico to Discuss Oil and Gas Reform Bill

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On March 26, 2021, Mexico's president submitted to the Chamber of Representatives (Cámara de Diputados) a bill to reform the Hydrocarbons Law (Ley de Hidrocarburos or LH) (the LH Reform) that favors the state-owned company,...more

King & Spalding

AMLO Proposes New Legislation to Regulate the Oil & Gas Industry

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On March 26, 2021, the President of Mexico, Andrés Manuel López Obrador (“AMLO”), sent a new bill to Congress intended to amend the Federal Hydrocarbons Law (the “Hydrocarbons Bill”). This is AMLO’s latest attempt to upend...more

White & Case LLP

Initiative to modify the Hydrocarbons Law

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On March 26, 2021, Mexican President Andrés Manuel López Obrador sent to the Chamber of Deputies the "initiative to modify the Hydrocarbons Law," (the "Initiative"). The Initiative intends to modify relevant aspects of...more

Holland & Knight LLP

ANH modifica la segunda ronda de CEPI para pilotos de fracking en Colombia

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La Agencia Nacional de Hidrocarburos (ANH) en Colombia, el pasado 26 de febrero de 2021, expidió el Acuerdo No. 4 de 2021 (el Acuerdo), a través del cual modificó el Acuerdo 06 de 2020, modificando así los criterios de la...more

Holland & Knight LLP

Plan de inversión y solicitudes de modificaciones contractuales de la ANH en Colombia

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Es claro que existen aún oportunidades amplias para mejorar la requerida flexibilidad de los contratos de exploración y producción de hidrocarburos en Colombia. El plan y programa de inversión de la Agencia Nacional de...more

King & Spalding

Recent Import and Export Regulations in Mexico Double Down on Favoritism of Pemex

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In the final days of December, Mexico issued new regulations that limit the ability of private companies to import and export fuel and hydrocarbons. Then, in the first week of this year, Mexico’s President, Mr. Lopez...more

White & Case LLP

Amendments regarding import and export permits for hydrocarbons and petroleum products

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Following our client alert published on November 17, 2020, it is informed that the Resolution that establishes the products whose import and exports is subject to regulation by the Ministry of Energy (the "Resolution") was...more

Opportune LLP

A Path To An Energy Transition: Now & In The Future

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What will it take to fuel the energy transition? Opportune LLP Partner Dean Price discusses why ESG will likely be a permanent fixture among energy portfolios, why natural gas plays a significant role in the transition, and...more

Holland & Knight LLP

Nueva ronda de Campos Ecopetrol 2020 en Colombia

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El 23 de septiembre Ecopetrol lanzó una nueva ronda de adjudicación de campos. Se trata de nueve campos en producción localizados en áreas de operación con infraestructura existe ubicados en Llanos, Valle Superior del...more

Holland & Knight LLP

Draft Law aims to prohibit exploration and exploitation of unconventional deposits

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El pasado 10 de agosto 36 congresistas de diferentes partidos políticos, la Alianza Colombia Libre de Fracking y otras organizaciones (que vienen interviniendo en los procesos que se adelantan en el Consejo de Estado contra...more

White & Case LLP

Resolution whereby the Mexican National Hydrocarbons Commission establishes several measures in order to promote the development...

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On August 3, 2020, the National Hydrocarbons Commission (the "CNH") published through the Federal Official Gazette, the resolution whereby the CNH establishes several measures in order to promote the development of petroleum...more

White & Case LLP

Energy Sector Program 2020-2024

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On July 8, 2020, the Ministry of Energy ("SENER") issued through the Federal Official Gazette, the Energy Sector Program (Programa Sectorial de Energía) 2020-2024 (the "PROSENER"). PROSENER is a planning instrument  derived...more

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