EPA Withdraws Oil and Gas Information Collection Request

On March 2, 2017, new EPA Administrator Scott Pruitt made it clear that he will follow through on President Trump's promise to reduce regulatory burdens by withdrawing the Information Collection Request (ICR) that the Obama EPA issued last November to force the oil and natural gas industry to produce substantial amounts of detailed information about methane emissions from existing oil and gas operations. Although this action has long been expected, it is another signal that the Trump Administration will not be pursuing an aggressive climate change agenda. The November 2016 ICR was aimed at...

Bracewell Partners Named in 2017 Who's Who in MENAT Renewables

Bracewell LLP Partners Clint Steyn and Robert Harker were recently named to the 2017 list of Who's Who in MENAT Renewables . This list annually recognizes 250 key players working in the renewable energy sector in the Middle East, North Africa and Turkey. Steyn and Harker, both based in Bracewell's Dubai office, have advised on many of the leading renewable energy projects in the MENAT region. Their experienc includes advising clients in the acquisition, development and project financing of power projects in the regions including key markets such as Jordan, Dubai, Abu Dhabi, Kuwait and Egypt...

U.S. Futures Exchanges Disciplinary Actions Report - January 2017

NYMEX NYMEX 15-0087-BC-7 Misc. Violation of Rule 432 – General Offenses (in part) In August a non-member firm was alleged to have failed to respond to Exchange staff requests for information related to an investigation. Accordingly, the Business Conduct Committee and Hearing Panel Chair found that the firm failed to answer the charge, admitted the charge, and waived its right to a hearing. In the penalty hearing, the firm was found to have committed the violation. $50,000 penalty, ten year suspension. NYMEX 16-0600 Misc. Violation of Rule 413 – Summary Access Denial Actions (in part) As part...

What Will Be the Fate of PHMSA’s Final Hazardous Liquids Pipeline Rule?

On January 13, 2017, just one week before President Trump’s inauguration, PHMSA released final updates to the Pipeline Safety Regulations applicable to onshore transportation of hazardous liquids (“Final Rule”) . The Final Rule was then subject to the Priebus Memo and swiftly withdrawn by PHMSA on January 24, 2017. As with other rules subject to the Priebus Memo, the Final Rule must now be reviewed by a member of the Trump Administration. The ultimate fate of the Final Rule is a bit uncertain, particularly because certain aspects were supported by the industry. Many in the pipeline industry...

Navigating Unchartered Waters: FERC Provides Additional Guidance Through the Delegation of Additional Authority to FERC Staff for the Non-Quorum Period

In recent weeks, there has been much speculation over what actions the Federal Energy Regulatory Commission (“FERC” or the “Commission”) would take to ensure continuity of operations following the departure of Commissioner Norman Bay. Under the Department of Energy Organization Act, the Commission is required to have a quorum of three commissioners “for the transaction of business.” Because Commissioner Bay’s departure leaves only two FERC commissioners, many have questioned whether FERC would effectively cease to function until such time as the Trump administration is able to fill commission...
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