Energy

Recent Posts

Steptoe & Johnson PLLC: Regulatory Lead Time an Important Consideration in Development of Ohio Drilling Units
Posted on 23 Jan 2013 by Steptoe & Johnson PLLC

By Kathy Milenkovski and Neal Pierce During the past year, the Ohio Department of Natural Resources has conducted hearings on three applications for unitized operation under Ohio Revised Code 1509.28. Additional hearings are on the schedule for January... Read More

Valero Energy Signals Interest in Cellulosic Ethanol
Posted on 13 Jun 2011 by Jonathan Wilson

Valero Energy Corp. (NYSE: VLO) recently announced its role in a $60 million financing for Montreal-based Enerkem, Inc. along with existing Enerkem investors Waste Management, Rho Ventures , Braemar Energy Ventures and Cycle Capital. Valero spokesman... Read More

Troutman Sanders LLP: Chesapeake Energy Announces New, $1 Billion Gas Plan
Posted on 21 Jul 2011 by Troutman Sanders

On Monday, July 11, 2011, Chesapeake Energy Corporation ("Chesapeake") announced its plan to spend over $1 billion over the next 10 years in order to help spur the development and demand for domestic supplies of natural gas and oil. Chesapeake... Read More

Troutman Sanders LLP: FERC Approves Merger of Northeast Utilities and NSTAR
Posted on 22 Jul 2011 by Troutman Sanders

On July 6, 2011, the Federal Energy Regulatory Commission ("FERC" or the "Commission") approved the proposed merger of NSTAR and Northeast Utilities (the "Merger"). The newly formed utility will operate under the name Northeast... Read More

Columbia Law School Center for Climate Change Law Prepares Small-Scale Solar Siting Ordinance, Seeks Comments
Posted on 30 Aug 2011 by Columbia Law - Sabin Center for Climate Change Law

Columbia Law School's Center for Climate Change Law (CCCL) has prepared a first draft of a model small-scale solar-siting ordinance . The model ordinance offers a framework that can enable municipalities to implement and enforce the effective and... Read More

Pennsylvania's 'Clean and Green Act' Amended to Limit the Tax Consequences of Oil, Gas and CBM Development
Posted on 21 Jun 2011 by Babst Calland

Pennsylvania's Farmland and Forestland Assessment Act, more commonly known as the "Clean and Green Act," (72 Pa. C.S. § 5490.1 et seq. ) provides preferential tax treatment to property owners who agree to devote lands to agricultural... Read More

Troutman Sanders LLP: Tax Basis for Solar PV Projects: Treasury Guidance
Posted on 18 Jul 2011 by Troutman Sanders

Owners, and in some cases, lessees, of qualified renewable energy projects are eligible for either an investment tax credit (ITC) equal to 30% of the tax basis for the project, or until the end of this year, a cash grant paid directly by Treasury in the... Read More

Fracking and Hazardous Waste
Posted on 10 May 2011 by Dianne Saxe

Nova Scotia has followed Quebec, and has launched its own investigation into the potential environmental hazards of hydraulic fracturing to produce shale gas, especially the impacts on water. Meanwhile, the US EPA is anxious to formally start its own... Read More

Fracking, Drinking Water and Regulation
Posted on 10 May 2011 by Dianne Saxe

Jessica Ernst has launched a multi million dollar lawsuit against Encana Corporation , the Alberta Energy Resources Conservation Board, and the Alberta government for contamination of her property and drinking water due to Encana's fracking program... Read More

FREE DOWNLOAD -- Beinlich v. Chief Oil & Gas May Serve as Bellwether Suit
Posted on 1 Aug 2011 by LexisNexis Emerging Issues Community Staff

Dave and Karen Beinlich commenced an action on March 14, 2011, in the Court of Common Pleas for Sullivan County, Pennsylvania, asserting causes of action against Chief Oil & Gas LLC and others relating to the Beinlichs' oil and gas lease. The... Read More

Cadwalader Clients & Friends Memo: Commodity Markets' Enforcement Landscape To Shift With Federal Trade Commission's Launch Of First Crude Oil Investigation Under 2007 Law
Posted on 27 Jun 2011 by Cadwalader, Wickersham & Taft LLP

Today [June 21, 2011], Senator Jay Rockefeller announced that the Federal Trade Commission (FTC) has agreed to start an investigation into oil and gasoline markets and the impact on retail prices. In a letter to Senator Rockefeller announcing the investigation... Read More

Ulmer & Berne LLP Real Estate Advisor Law Blog: Marcellus Shale: The Next Gas and Oil Boom?
Posted on 5 Jul 2011 by Brad Kaplan

By Brad Kaplan If you thought the earth beneath your feet was solid; think again. Land owners and energy industry prospectors are busy in Eastern Ohio, West Virginia, New York and Pennsylvania looking for pockets of natural gas embedded in the Marcellus... Read More

Michael Niebruegge, Leading Practitioner in Energy Finance, Joins Cadwalader
Posted on 19 Aug 2011 by LexisNexis Emerging Issues Community Staff

HOUSTON - Cadwalader, Wickersham & Taft LLP, a leading counselor to global financial institutions and corporations, has announced that it has added one of the foremost attorneys in energy finance, Michael Niebruegge, to the partnership. Niebruegge... Read More

Ballard Spahr LLP Alert: U.S. House Votes To Defund Biomass Energy Program; Fate Rests with Senate
Posted on 30 Jun 2011 by Ballard Spahr LLP

By Daniel R. Simon The U.S. House of Representatives voted June 16 to defund the Biomass Crop Assistance Program (BCAP) as part of the agriculture appropriation bill (H.R. 2112) for fiscal year 2012. The U.S. Department of Agriculture created BCAP... Read More