News & Analysis as of

Oil & Gas Offshore Wind

Womble Bond Dickinson

Addressing Inefficiencies in the Energy Sector: The Proposed Energy Permitting Reform Act of 2024

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The permitting process has been identified by numerous commentators as a major cause of delays in the development of energy, infrastructure, and mining projects in the United States. ...more

Vinson & Elkins LLP

BOEM Releases Tougher Financial Assurance Requirements for Offshore Oil and Gas Operations

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New and additional bonding requirements for certain companies operating on the Outer Continental Shelf (“OCS”) will take effect in June as a result of a recent rulemaking. These new requirements will be phased in over a...more

Mayer Brown

Implementation Plan to Vietnam’s PDP8 Released

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Following the release of Vietnam’s eighth national power development plan (“PDP8”) in mid-2023, the Prime Minister has now approved the implementation plan to PDP8 under Decision No. 262/QD-TTg (“Decision 262”). As the name...more

Sheppard Mullin Richter & Hampton LLP

California Climate Change Legislation, Policy and Regulation – 2023 in Review

As we enter 2024, we once again review the most significant legislation, policy changes and regulatory actions with respect to climate change taken by California in the past year. In contrast to 2022, which brought a revamp...more

Holland & Knight LLP

Interior Department Holds Largest Offshore Oil and Gas Lease Sale in Years

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After months of delay, the U.S. Department of the Interior auctioned off 1.7 million acres for offshore oil and gas leases during Lease Sale 261 on Dec. 20, 2023. (See Holland & Knight's previous alert, "Interior Department...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights: V 7, Issue 11, November 2023

Pennsylvania and RGGI – Decision and Resolution - On November 1, 2023, the Commonwealth Court of Pennsylvania, in a five-judge panel decision, issued a long-awaited ruling denying the authority of the executive branch,...more

Holland & Knight LLP

Interior Department Announces Five-Year Lease Plan for Offshore Oil and Gas

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The U.S. Department of the Interior on Sept. 29, 2023, announced its long-awaited Five-Year Offshore Leasing Plan as required by the Outer Continental Shelf Lands Act (the Plan)....more

White & Case LLP

Pivot potential: A deep dive into offshore wind in the Gulf of Mexico

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After years of blunted growth and false starts, the US is finally scaling up offshore wind. While most progress had been spurred by state policies incenting projects in the Atlantic Ocean off the East Coast, the federal...more

Sheppard Mullin Richter & Hampton LLP

Gulf of Mexico Offshore Auction Falls Short of Expectations

On August 29th, the Bureau of Ocean Energy Management (BOEM) held the first auction for offshore wind areas in the Gulf of Mexico. Sheppard Mullin’s preview of the auction can be accessed here...more

Vinson & Elkins LLP

BOEM Bonding: What You Need to Know About New Financial Assurance Requirements Proposed for Offshore Oil and Gas Drilling

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The Biden administration has proposed changes regarding when oil, gas, and sulfur lessees and certain other parties operating in the offshore Outer Continental Shelf must post additional bonds or other “supplemental financial...more

A&O Shearman

Investing in the energy transition: how private capital is fast tracking the journey to net zero

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The global energy transition is well underway, spurred on by legally enshrined governmental net-zero targets and having been given additional impetus by Russia’s invasion of Ukraine. In 2022, clean energy investments were...more

K&L Gates LLP

Carbon Quarterly – Special Edition

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Carbon Quarterly is a newsletter covering developments in carbon policy, law, and innovation. No matter your views on climate change policy, there is no avoiding an increasing focus on carbon regulation, resiliency planning,...more

Bracewell LLP

PRG Pulse 2022 Post-Election Analysis

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The Big Picture - Congressional Overview - American voters delivered a decidedly mixed message to Washington on Tuesday, seemingly handing Republicans narrow control of the U.S. House of Representatives and a nominal check...more

Perkins Coie

The Inflation Reduction Act’s Impact on Offshore Wind Leasing

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The $437 billion Inflation Reduction Act, H.R. 5376 (IRA), signed into law on August 16, 2022, by President Biden, makes historic investments in clean energy. The IRA allocates $369 billion toward energy security, carbon...more

Holland & Knight LLP

Inflation Reduction Act Advances Stalled Offshore Oil and Gas Lease Sales

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The Inflation Reduction Act (the Act), which passed the U.S. Senate on Aug. 7, 2022, requires that previously announced offshore lease sales in the Gulf of Mexico and Alaska be held during the next two years....more

Brownstein Hyatt Farber Schreck

Inflation Reduction Act (IRA) Framework: Energy Policy – Summary and Analysis

On July 27, Sen. Joe Manchin (D-WV) and Senate Majority Leader Chuck Schumer (D-NY) announced a surprise agreement on a roughly $750 billion tax, energy and health care package including $370 billion in energy security and...more

Orrick, Herrington & Sutcliffe LLP

Energy Transition Series: Five Things to Know about Oil & Gas Electrification

This is part one of our 'Energy Transition Series', in which we offer our insights on new technologies and their role in driving the energy transition. Against the backdrop of the UK's ambitious net zero 2050 strategy and...more

Jones Day

UK Government Publishes Its "British Energy Security Strategy"

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The British Energy Security Strategy ("the Strategy"), published on April 7, 2022, aims to ensure that the United Kingdom has "a flow of energy that is affordable, clean and above all secure." Published against the background...more

Pierce Atwood LLP

Massachusetts Legislature Moves Forward with Reforms that Would Reshape the Energy Sectors to Achieve Climate and Economic...

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On April 7, 2022, Massachusetts Senate Ways and Means Committee issued its response to an earlier House Ways and Means Bill (House No. 4524). The Senate bill, Senate No. 2819, revised a number of features of the earlier...more

Holland & Knight LLP

Fifth Circuit's Seaman Status Realignment Brings New Considerations for Offshore Oil & Gas and Wind Industry Operators

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Since the enactment of the Jones Act, courts have wrestled to define "seaman" and who is entitled to remedies under the Jones Act. The Jones Act grants a "seaman" a negligence cause of action against his employer and only a...more

Allen Matkins

Renewable Energy Update - April 2021 #3

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Hundreds of U.S. and European companies and investors urge Biden to hike climate target - Reuters – April 12 - Hundreds of U.S. and European companies and investors, including Walmart, Apple, General Electric, and...more

Allen Matkins

California Environmental Law & Policy Update - March 2021 #2

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Senate confirms Biden’s pick to lead EPA - The New York Times – March 10 - The Senate on Wednesday confirmed Michael S. Regan, the former top environmental regulator for North Carolina, to lead the U.S. Environmental...more

Pillsbury Winthrop Shaw Pittman LLP

Energy 2021: USA

Overview of the current energy mix, and the place in the market of different energy sources - Due in large part to the COVID-19 pandemic, U.S. total energy consumption in 2020 is on pace to decline for a second straight...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights: Issue 37, October 2020

More Federal Permits Handed Down as MVP Presses FERC for Construction Restart - "The Mountain Valley Pipeline LLC told FERC that it has received a series of key federal waterbody crossing permits, bolstering its case to...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights: Issue 26, July 2020

Dominion Energy and Duke Energy Cancel Construction of Atlantic Coast Pipeline - "Despite a recent win for the project in the US Supreme Court, ongoing delays, litigation and an expected increase in costs threatened the...more

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