Legal

North American Oil, Natural Gas Bankruptcies Plunge in 2021 as Industry Bounces Back from Downturn

North American Oil, Natural Gas Bankruptcies Plunge in 2021 as Industry Bounces Back from Downturn

Bankruptcy filings by North American exploration and production (E&P) firms declined dramatically in 2021 versus 2020, so much so that Haynes and Boone LLP is calling an end to the bankruptcy cycle that began during the 2015 oil market downturn. The law firm has been tracking these filings ever since, via its Oil Patch Bankruptcy…

February 7, 2022
Mexico’s CFE in Dispute with WhiteWater Midstream Over Natural Gas Contracts

Mexico’s CFE in Dispute with WhiteWater Midstream Over Natural Gas Contracts

Mexican state utility Comisión Federal de Electricidad (CFE) said it is looking into possible corruption related to natural gas contracts with WhiteWater Midstream LLC. CFE said that natural gas contracts signed in 2016 and 2017 under the previous Mexican administration are under investigation on both sides of the border for potential corrupt practices including influence…

July 20, 2021
Fourth Circuit Stays MVP’s New Stream-Crossing Permits Pending Appeal in Latest Setback

Fourth Circuit Stays MVP’s New Stream-Crossing Permits Pending Appeal in Latest Setback

The oft-delayed and increasingly costly Mountain Valley Pipeline LLC (MVP) has encountered another legal setback, as the natural gas conduit’s stream-crossing permitting has again been put on hold pending an ongoing review by the U.S. Court of Appeals for the Fourth Circuit. The Fourth Circuit issued a stay Monday after hearing oral arguments in a…

November 10, 2020
Interim DAPL Operations Secured After Appeals Court Ruling, but Legal Battle Continues

Interim DAPL Operations Secured After Appeals Court Ruling, but Legal Battle Continues

In a move that should keep the Dakota Access Pipeline (DAPL) in operation for the time being, the U.S. Court of Appeals for the D.C. Circuit has stayed part of an order issued last month that would have required the crude oil system to empty pending further environmental review. However, in a decision filed Wednesday,…

August 7, 2020

DOJ Scrambles, Asks Court to Stay Water Rule After Panel Denies Centralization

The Obama administration appears to have started a complex process of asking district courts across the nation — beginning in North Dakota on Tuesday — to halt proceedings over the controversial Clean Water Rule (CWR), thereby giving the U.S. Circuit Court of Appeals for the Sixth District in Cincinnati time to decide whether it has jurisdiction over a multitude of legal challenges.

October 14, 2015

Colorado Producer Group Protesting ‘Frivolous’ Lawsuits

The Colorado Oil and Gas Association (COGA) on Tuesday filed a motion to dismiss a lawsuit brought by local control activists against the industry group, the state and Gov. John Hickenlooper. COGA also is seeking court sanctions against the activists for the allegedly frivolous lawsuits.

July 24, 2014

Fifth Circuit Rules in Favor of BP on Damage Claims

A federal appeals court in New Orleans on Wednesday ordered that some payments required to be paid by BP plc be halted to Gulf Coast businesses claiming they were impacted by the Macondo well blowout.

October 4, 2013
Dallas: Still 30 Miles and Thousands of Wells from Fort Worth

Dallas: Still 30 Miles and Thousands of Wells from Fort Worth

Wednesday afternoon, Dallas City Council voted to deny Trinity East Energy LLC three permits it needed to drill on leases within the city for which it has already paid $19 million, setting the city up for a possible legal challenge from the company that could end up costing it millions before the nearly five-year saga is over.

August 30, 2013

JPMorgan’s Energy Trading Arm Facing More Scrutiny

The Department of Justice (DOJ) reportedly is investigating whether JPMorgan Chase & Co. has manipulated U.S. energy markets, but neither the department nor the company will comment on the reports.

August 22, 2013

Pennsylvania PUC, DEP Petition State Supreme Court on Act 13 Cases

Just days after a seventh justice was sworn in to the Pennsylvania Supreme Court, the Public Utility Commission (PUC) on Tuesday submitted a request that the high court reconsider its decision to quash an appeal by the commission regarding enforcement of Act 13, the state’s omnibus Marcellus Shale law.

August 9, 2013
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