The New Cold War: Risk, Sanctions, Compliance Episode 22: "Focus on Iran: Protests, Sanctions and Oil"
Over 50 years ago, on October 6, 1973, the Arab armies of Egypt and Syria launched a surprise attack on Israel during Yom Kippur, the holiest day of the Jewish calendar. Almost exactly 50 years later, on October 7, 2023,...more
Now less than one month before Election Day, the New York Governor's race is far closer than most had anticipated. Incumbent Democrat Kathy Hochul, who succeeded Andrew Cuomo following his resignation, is being pressed by...more
With energy markets already in tumult partly because of events in Ukraine and Iran, not to mention the OPEC production cut, another area of the world is now being convulsed by energy issues, with the prospect of natural gas...more
Over the last several months (and right up to today) some of the headlines published in various media outlets have addressed the slower-than-expected response of operators to increase drilling activity as oil prices have...more
Holland & Knight's Venezuela Focus Team invites you to read our Venezuela Update, in which we discuss the latest news, trends and developments in Venezuela that impact the interests of businesses across all industry sectors....more
Jim Hansen, Head of Investment Banking at Opportune Partners LLC, gives his thoughts on the state of oil and gas M&A activity and what to expect in 2021. Originally published in the January 2021 issue of Financier...more
President Biden’s first move on energy internationally likely will be one of his most unfortunate actions - rejoining the Paris Climate Accords. Unfortunately, he will have no choice, since he has consistently pledged to do...more
2020 was a tumultuous year for the oil and gas industry, but there’s still reason for optimism. Originally published in The Weekly E&P Update Newsletter, December 22, 2020. ...more
...Every two years at election time, I publish a guide to the most interesting and important races around the country affecting energy. In 2020, however, energy, along with the coronavirus, is the election. Originally...more
Climate Change Litigation on the Horizon with Trump Environmental Overhaul - On July 16, 2020, President Trump’s Council on Environmental Quality (“CEQ”) published the long-awaited final rule revising the implementing...more
While the airline industry has benefited from a special federal stimulus loan package tied to the impact of COVID-19, the energy industry has not been as fortunate to date. Many energy companies were distressed before the...more
Big Oil repeatedly remanded to state courts - will SCOTUS come to the rescue? "Oil companies facing suits by state and local governments that want them to bear a share of the cost of responding to the consequences of...more
Opportune Managing Partner David Baggett shares his thoughts on how oil and gas restructurings may signal a paradigm shift in the industry. ...more
The U.S. Energy Information Administration (“EIA”) released its Short-Term Energy Outlook (“STEO”) on May 12, 2020, but noted that it was subject to “heightened levels of uncertainty because the effects on energy markets of...more
Over a hearing that lasted over 10 hours on April 14, 2020, the TRRC listened as oil and gas industry participants and stakeholders provided their input on a motion by Pioneer Resources USA Inc. and Parsley Energy Inc....more
In the wake of an unprecedented sell-off in the crude oil market, the only response to balancing global markets is to reduce supply. How many times can you say "unprecedented?" The COVID-19 pandemic has resulted in a...more
The spot price of WTI crude oil dropped below $0 for the first time in history today. While a supply glut for crude oil exists, the true value of crude going forward is not near or below $0....more
According to Oil & Gas 360’s article originally from CNBC entitled, Oil prices may now be at a bottom after historic OPEC deal, US energy secretary says, “[o]il prices are down more than 55% year-to-date, having experienced...more
Many of us have the end of the year and the end of the decade on our minds: wrapping up projects, working to close deals and matters, and striving to end the year on as high of a note as we possibly can. It is hard to believe...more
There is one thing on the mind of many folks involved in the oil and gas industry – the upcoming OPEC meeting in Vienna. On June 25, 2019, the 176th OPEC meeting will be held....more
Watching commodity pricing is a bit like watching a rollercoaster – it goes up one minute, down the next, then up again and down. Today’s oil prices are no different. We started the day up a bit, and this afternoon we are...more
The U.S. oil and gas industry has witnessed significant transformations over the last year, and 2019 should see even more transformative changes....more
The G-20 summit in Buenos Aires wrapped this weekend with the nations agreeing to a joint statement that “affirms the importance of the multilateral trading system” while giving ground to both the US and China over language...more
Impact of U.S. Court Ruling on Keystone XL Timing Unclear: TransCanada - "TransCanada Corp is reviewing a decision by a Montana judge blocking construction of the Keystone XL pipeline, but the impact on project timing...more