The Consequences Of Rising Inflation & Crude Oil Prices
Record U.S. Oil Production and the Potential Impacts - Domestic oil production in the U.S. reached a new record in November 2023, hitting 13.31 million barrels per day, according to data from the U.S. Energy Information...more
U.S. Court Suspends Key Permits for Equitrans Mountain Valley Pipeline - "A U.S. federal appeals court issued a stay of key water crossing permits needed to complete construction of Equitrans Midstream Corp’s 300-mile...more
Trump Administration Approves Arctic National Wildlife Refuge for Land Leasing, Oil Drilling - "The Trump administration continues to roll back environmental protections and opening doors for the fossil fuel industry in...more
Industry Expert Insights - We reached out to one of our Lex Mundi partners and a well-known expert in the Netherlands in the energy and legal industries to get his thoughts on the current energy climate. Marc van...more
Cancelled Teck Oil Sands Project Underscores Global Climate-Energy Policy Tension - "The Frontier project became the latest casualty in oil-producing countries with robust environmental movements agitating to cut...more
The UAE Gets Green Light to Operate the Arab World’s First Nuclear Power Plant - "The project, which national officials describe as a strategic and economic imperative for the UAE, is more than a decade in the making and...more
Energy Infrastructure Attacks are ‘Probable’: Oil Traders Fear Supply Disruptions in the Middle East - "A dramatic escalation of geopolitical tensions will most likely result in an unplanned oil supply shortage in the...more
FBI Eyes How Pennsylvania Approved Pipeline - "The FBI has begun a corruption investigation into how Gov. Tom Wolf’s administration came to issue permits for construction on a multibillion-dollar pipeline project to carry...more
Pennsylvania, CNX Reach $1.48M Settlement on Abandoned Wells - "The order covers 141 conventional wells and five shale gas wells in Allegheny, Washington, Greene and Westmoreland counties." Why this is important: The...more
This Breakthrough Lithium Extraction Technology Could Accelerate the Sustainable Energy Transition - "A breakthrough nanotechnology from cleantech start-up EnergyX promises to revolutionise the speed, cost and...more
Crisis in Middle East Should Remind Us of the Importance of Fracking - "Oil prices are likely to spike in the short-term aftermath of the attack on Saudi Arabia, but, as Clifford Krauss and Stanley Reed of The New York...more
Federal Appeals Court Vacates Key Atlantic Coast Pipeline Permit - "A federal appeals court has pulled another permit issued to the Atlantic Coast Pipeline, saying the U.S. Fish and Wildlife Service had fast-tracked the...more
Trump Aides Try to Quash Tax Hike Rumors Amid Infrastructure Talks "The White House is reassuring conservative leaders that it has no plans to hike the gas tax to help fund a massive infrastructure package that President...more
PA Supreme Court Upholds Decision Allowing Drilling in All Districts Under a Local Zoning Ordinance as Long as They Meet Standards - "This case is one of several recent decisions in Commonwealth Court and the PA Supreme...more
New Sulfur Caps for Shipping Fuels Will Help Make the Shale Boom Even Bigger "Now the shale revolution will help shippers across the world comply with the International Maritime Organization's 2020 standards, called "IMO...more
Judge Delivers Major Setback to Trump Policy to Increase Coal Mining on Federal Land - "But the court ruling does say that the 2017 Trump administration policy, enacted by former Interior Secretary Ryan Zinke, to overturn...more
Trump Signs Orders to Speed Up Oil and Gas Pipeline Construction - "President Trump signed two executive orders that he says will speed up construction of pipelines and other projects to enhance the production and...more
Trump Said to Seek Limits on State Power in Pipeline Approvals - "Trump's order comes as the president continues to chafe at regulatory barriers he says throttle the full potential of American 'energy dominance,' while...more
Trump to Sign Order Seeking to Clear Gas Pipeline Hurdles - "The administration, which is pushing a policy it calls energy dominance, has been considering an order that would push back against states, including New York,...more
Plastics: The New Coal in Appalachia? "With little notice nationally, a new petrochemical and plastics manufacturing hub may be taking shape along 300 miles of the upper reaches of the Ohio River, from outside Pittsburgh...more
NY Natural Gas Moratorium Due to Lack of Pipelines, but Some in Denial - "The slowing of economic development resulting from New York's political actions is a testament to what happens when energy becomes politicized." ...more
New Fortress Energy LNG Plant Demonstrates New York Insanity - "For those unfamiliar with the facility, the plant is a gigantic $800 million investment that will take in natural gas from the Marcellus Shale and liquefy it...more
Trump Eyes Action to Limit States' Powers to Block Pipelines - "The Trump administration is considering taking steps to limit the ability of states to block interstate gas pipelines and other energy projects, according to...more
Alexandria Ocasio-Cortez Floats 70% Tax on Wealthy to Pay for 'Green New Deal' - "Ocasio-Cortez has put forward a 'Green New Deal' that includes generating the nation's power from renewable sources, building a national...more
Russian Hackers Penetrated Networks of U.S. Electric Utilities - "Russian hackers gained access to the networks of U.S. electric utilities last year, which could have allowed them to cause blackouts, according to federal...more