Archives: Natural Gas

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UK Parliament Announces Tighter Planning Guidance for Onshore Oil and Gas Applications

In the first blog of this two-part series, we considered the potential impact of the 14th Round on the commercialisation of the shale gas in the UK in light of recent developments in this industry. This second blog post focusses on the additional planning guidance for licence applications in National Parks, Areas of Outstanding Natural … Continue Reading

A Quick Look at the Gazprom/Naftogaz Contract Dispute

On Monday, June 16, 2014, Gazprom and Naftogaz each announced that they were commencing arbitration proceedings under the SCC Rules (seated in Stockholm, Sweden). The arbitration arises under Contract No. KP dated January 19, 2009 (the “Contract”), a 10 year, long-term gas sales agreement between Gazprom and Naftogaz for volumes ranging from 40 to 52 … Continue Reading

Pricing Complexity and Predictable Disputes – A primer on modern long-term gas supply contracts

On Monday, June 16, 2014, Gazprom announced that it commenced arbitration proceedings against Naftogaz under the SCC Rules (seated in Stockholm, Sweden) alleging that Naftogaz has failed to pay US$4.5 billion for gas that Gazprom has already delivered to Naftogaz. Naftogaz also announced that it had commenced a claim under the SCC Rules, seeking the … Continue Reading

“What’s in a Name?: Legal Implications of the EU Recommendation on Shale Gas”

While the European Commission’s Recommendation on Shale Gas of  January 22, 2014 is not legally binding, it may have different legal impacts on EU institutions and agencies as well as public authorities and private parties in the EU Member States.  The attached article published in the Environmental Law Reporter describes four different legal scenarios that could … Continue Reading

New gas-fired and renewable generators stress natural gas infrastructure; more gas storage may be the answer.

Half of the new electricity generation plants added in 2013 are fired by natural gas and almost 30% of new generation is powered by solar and wind energy, according to an April 8 report from the Energy Information Administration.  This combination is likely to mean even more demands on the already-strained natural gas delivery infrastructure. … Continue Reading

An International Approach: Events Shaping the Application of the Natural Gas Act

Three independent, but not wholly unrelated, events occurred over the last few weeks, each arising out of the Natural Gas Act’s application and the growing importance of LNG exports to the United States and the international community. (1) Following the crisis in Ukraine, there were continuing calls from a variety of politicians and pundits to … Continue Reading

White House Releases Strategy to Reduce Methane Emissions

On March 28, 2014, the White House released its “Climate Action Plan – Strategy to Reduce Methane Emissions.”  The plan summarizes the Administration’s strategy to reduce methane emissions from several sources.  The strategy includes proposing new standards, new rules, new voluntary strategies and programs and new regulations.   The plan outlines measures to reduce emissions and … Continue Reading

Upcoming New Legislation to Facilitate Shale Gas Operations in Poland

The Polish government has proposed new draft rules on the prospection, exploration and extraction of hydrocarbons as well as their taxation that aim to facilitate the development of shale gas operations in Poland. The proposed amendments to the Geological and Mining Law would significantly streamline the procedures to grant concessions and also extend concession periods.  … Continue Reading

FERC Acts to Improve Coordination Between the Natural Gas and Electricity Industries

The increasing reliance on natural gas to fuel electricity generators has sparked a need for more coordination between the operators of gas pipelines and electricity grids. Up to now, markets and operations in the two sectors have proceeded independently, but some differences between them have become problematic. Differences are especially problematic in New England, where … Continue Reading

EPA’s Environmental Appeals Board Rejects Attempt to Require Additional Greenhouse Gas Limits in a Natural Gas Power Plant Permit

EPA’s Environmental Appeals Board has rejected the Sierra Club’s attempt to require certain greenhouse gas (GHG) limits in a preconstruction permit for a new natural gas power plant, in one of the first EAB decisions to address this issue.  In re: La Paloma Energy Center, LLC, PSD Appeal No. 13-10 (EAB Mar. 14, 2014).  In … Continue Reading

California Announces Timing/Process for Issuing New Regulations on Appliance Efficiency

On March 19, 2014, the California Energy Commission, the state’s primary energy policy and planning agency, announced that it was initiating a regulatory process leading to the regulation of 15 categories of consumer appliances as to usage of electricity, natural gas, and water.  This comes in part in response to the three-year drought period in … Continue Reading

FERC and CFTC Launch Information Sharing MOU

Earlier this year, the CFTC and FERC announced an information sharing Memorandum of Understanding (MOU) between the two agencies. The agencies have now announced that they have begun sharing market data pursuant to this MOU.  In addition, they have created an Interagency Surveillance and Data Analytics Working Group “to coordinate information sharing between the agencies … Continue Reading

The UK Government pledges to cut green taxes, but at what cost to gas and electricity suppliers?

Governments globally are grappling with difficult decisions about green energy policies: maintain green initiatives or remove the strains on economic growth? It is interesting to look across the globe for examples of how different Governments are reacting. In recent months, the UK has opted to “tweak” its green levies to save households an anticipated average … Continue Reading

President Obama’s State of the Union Continues a Central Focus on Energy and the Environment

Tonight’s State of the Union highlighted that energy and environmental issues will continue to play a central role in the Washington agenda over the next year.  From the President’s early reference to workers building fuel efficient cars, to his extensive discussion of next steps on energy and the environment, it is clear that the President … Continue Reading

The New European Commission’s Communication and Recommendation on Shale Gas

On January 22, 2014, the European Commission published its Communication and Recommendation on Shale Gas.  The documents finally published are essentially the same as the draft versions that we reported in our blog post of January 17, 2014 and only introduce minor changes. Among other things, the Recommendation now confirms that it “neither implies that … Continue Reading

The Upcoming European Commission’s Recommendation on Shale Gas: A Transitional Political Compromise?

The European Commission is expected to adopt a communication and recommendation on the exploration and production of unconventional hydrocarbons (especially shale gas).  The draft communication and recommendation, which are still subject to change, are being discussed among the cabinets of the 28 Commissioners of the European Commission as part of the 2030 climate change package, … Continue Reading

EPA Proposes New Power Plant Carbon Dioxide Emissions Rules

EPA has formally proposed restrictions on carbon dioxide emissions from new power plants, which include a requirement that new fossil fuel-fired plants implement partial carbon capture and sequestration.  EPA published the proposal in the Federal Register on January 8, 2014.  79 Fed. Reg. 1,430 (Jan. 8, 2014).  Comments on the proposal are due by March … Continue Reading

Law360 Names Covington “Energy Practice Group of the Year”

Here at Inside Energy & Environment we are honored to share that Law360 has named Covington’s energy practice as a 2013 “Energy Practice Group of the Year.”  In giving this award, Law360 recognized the breadth of Covington’s practice capabilities (including litigation, transactions, regulatory and government policy) in both the traditional energy and clean energy sectors, … Continue Reading

California Issues New Interim Fracking Regulations

California’s Division of Oil, Gas, and Geothermal Resources just issued final interim regulations (effective January 1, 2014) to implement California’s new fracking statute (SB 4), with permanent rules to follow by January 2015.  For an overview of the fracking statute, see our September E-Alert. The Division’s interim regulations are supported by a narrative description that provides … Continue Reading

FERC and CFTC Enter into Long-Awaited MOUs in Response to Dodd-Frank Act

On January 2, 2014, the Federal Energy Regulatory Commission (FERC) and the Commodity Futures Trading Commission (CFTC) entered into two Memoranda of Understanding (the MOUs) to set forth procedures to address circumstances of overlapping jurisdiction (the Jurisdiction MOU) and to share information in connection with market surveillance and investigations into potential market manipulation, fraud or … Continue Reading
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