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Energy
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February 03, 2026
Convicted Oil Trader To Remain Free On Bond During Appeal
A Connecticut federal judge Tuesday ruled that an oil trader convicted of overseas bribery can remain free on bond while he appeals his Foreign Corrupt Practices Act and money-laundering convictions, saying a new trial might be possible if the Second Circuit finds fault with her jury instructions.
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February 03, 2026
Chevron Denies Duty To Pay Subsidiary's $24M Drilling Tab
Chevron Corp. and a Venezuelan drilling company told a Texas federal judge in court-ordered briefs that they agree that the state's and Venezuelan laws apply to different parts of their $24 million contract dispute, although Chevron denies a valid agreement exists.
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February 03, 2026
Greenberg Traurig, Latham Steer Arko Petroleum's $200M IPO
Arko Petroleum revealed plans on Tuesday to sell shares of its common stock at an estimated $18 to $20 per share via an initial public offering, teeing it up to raise $200 million at midpoint, guided by Greenberg Traurig LLP and Latham & Watkins LLP.
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February 03, 2026
FERC Members Say High Court Helped Speed Up Gas Reviews
The U.S. Supreme Court's landmark decision last year that curtailed federal environmental reviews has translated to faster Federal Energy Regulatory Commission approvals of gas infrastructure projects, commissioners told a congressional energy panel Tuesday.
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February 03, 2026
IRS Floats Clean Fuel Credit Rules With Foreign Restrictions
The Internal Revenue Service released long-awaited proposed regulations Tuesday clarifying how domestic transportation fuel producers can qualify for the clean energy fuel tax credit under changes made by Republicans' 2025 budget law, including new foreign restrictions on business owners and feedstock sources.
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February 03, 2026
Clark Hill Expands Energy, Lobbying Teams With Hinshaw Atty
An attorney with more than 20 years of experience advising clients on energy litigation matters and policy has moved her practice to Clark Hill PLC's Washington, D.C., office after nearly three years with Hinshaw & Culbertson LLP.
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February 03, 2026
Trump's Iron Ore Pollution Exemption Is Unlawful, Enviros Say
Environmental groups asked a D.C. federal judge to overturn a Trump administration decision to exempt low-grade iron ore processing facilities from new emission standards for mercury and acidic gases, alleging the president abused a provision in the Clean Air Act.
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February 03, 2026
Baker Botts Adds Oil And Gas Co-Chair In Houston From Weil
Baker Botts LLP has named a new co-chair for its oil and gas practice, a Houston-based partner who came aboard from Weil Gotshal & Manges LLP.
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February 02, 2026
Wheeling & Appealing: The Latest Must-Know Appellate Action
What happened to a GOP donor's $250,000 Swiss watch? Can cigarette warnings show jarring medical images? Will a circuit split of "far-reaching importance" for arbitration get even wider? That's a taste of the oral argument menu we'll help you digest in this preview of February's top appellate action.
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February 02, 2026
Exxon Sued For 'Rockefeller-Style' Ammonia Market Maneuver
Exxon Mobil Corp. was hit with antitrust claims on Monday accusing it of leveraging control over the Gulf Coast's only operating carbon dioxide pipeline to gain dominance in the blue ammonia market.
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February 02, 2026
Feds Strike Deals With 630 Plaintiffs In Red Hill Fuel Leak Row
The government has informed a Hawaii federal court it executed settlements with more than 600 civilians in litigation over fuel leaks tied to a since-shuttered U.S. Navy storage facility, and urged a judge to throw out injury claims brought by nearly 1,000 service members.
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February 02, 2026
Judge Orders Arbitration In Dubai Over Saudi Oil Project
A Louisiana federal judge ordered a Baker Hughes unit and a contractor to arbitrate their $1.36 million dispute over a Saudi Arabian oil-and-gas project before the Dubai International Arbitration Centre, concluding that venue is appropriate since the forum named in their pact was dissolved.
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February 02, 2026
Offshore Wind Crowns Courtroom Sweep With Sunrise Restart
A D.C. federal judge on Monday lifted the Trump administration's halt of the Sunrise Wind project, the final victory for five East Coast offshore wind farms that all convinced courts to block the government's stop-work orders.
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February 02, 2026
NHTSA To Redo Heavy-Duty Pickup Truck Fuel Economy Rule
The National Highway Traffic Safety Administration told auto manufacturers Friday that it's preparing to retool fuel economy standards for heavy-duty trucks, as the Trump administration presses ahead with its dismantling of Biden-era policies that sought to bolster the adoption of electric-vehicle fleets.
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February 02, 2026
SEC Seeks Default Win Against Native Corp. In $3M Fraud Suit
The U.S. Securities and Exchange Commission has asked a New York federal judge to grant it a default win against a purported Native American microcap company and its CEO accused of a $3.4 million fraud, saying the defendants have not responded to the lawsuit.
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February 02, 2026
Mexican Co. Seeks $15.5M Award Enforcement Against Pemex
A Mexican company asked a New York federal judge to enforce a $15.5 million arbitral award, saying it secured the award against a dissolved company whose obligations were assumed by Petróleos Mexicanos, a state-owned oil company known as Pemex.
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February 02, 2026
Trump, Modi Say US-India Trade Deal Reached
President Donald Trump said Monday he reached a trade deal with India following a call with Prime Minister Narendra Modi that includes lowering the tariff rate on Indian goods entering the U.S. from 50% to 18%.
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February 02, 2026
China Steel Pipe Circumventing Duties, Commerce Says
Certain carbon-quality steel pipe from Oman made using hot-rolled steel produced in China is circumventing U.S. antidumping and countervailing duty orders on such pipes from China, the U.S. Department of Commerce said Monday.
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February 02, 2026
Mintz Adds Winston & Strawn ITC Practice Co-Leader In DC
Mintz Levin Cohn Ferris Glovsky and Popeo PC has grown its Washington, D.C., office by bringing a Winston & Strawn LLP equity partner as its International Trade Commission practice co-chair, strengthening the firm's intellectual property services with a patent litigator with two decades of experience.
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February 02, 2026
Blake Cassels Guides Eldorado On $2.8B Foran Mining Deal
Canadian metals producer Eldorado Gold said on Monday it has agreed to acquire Foran Mining in a stock and cash deal valuing Foran at about CA$3.8 billion ($2.8 billion), creating a top gold and copper producer with a diversified asset base across Canada, Greece and Turkey.
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February 02, 2026
Oil Trader Wants Prison Date Delayed Over $1.7M Forfeiture
A Connecticut oil trader convicted of violating the Foreign Corrupt Practices Act has asked to postpone his date to report to prison by two months, saying he "needs additional time to put his financial affairs in order" so he can pay a $1.7 million forfeiture plus an additional $300,000 fine.
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February 02, 2026
Oilfield Co. Nine Energy Hits Ch. 11 To Cut $320M In Debt
Oilfield services provider Nine Energy Services filed for Chapter 11 protection in a Texas bankruptcy court Monday with a prepackaged plan to cut $320 million of its $388 million in debt with an equity swap.
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February 02, 2026
Skadden, Gibson Dunn Steer $58B Devon, Coterra Deal
Devon Energy and Coterra Energy said Monday they have agreed to merge in a roughly $58 billion all-stock transaction, including debt, with Skadden Arps Slate Meagher & Flom LLP advising Devon and Gibson Dunn & Crutcher LLP representing Coterra.
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January 30, 2026
DOE-Created Climate Panel Was Unlawful, Judge Rules
A Massachusetts federal judge ruled Friday that the U.S. Department of Energy violated the law when it formed a climate change science advisory panel that environmental groups alleged was created to undermine findings on the harmful impact of greenhouse gas emissions.
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January 30, 2026
3rd Circ. Backs 'Modern Icarus' Conviction, Cuts Restitution
The Third Circuit affirmed Friday the fraud and identify theft conviction of a former clean-energy company CEO who characterized himself as a "modern Icarus" in his appeal, but held that the lower court wrongly ordered him to pay $100,000 in victims' attorney fees in addition to $1.1 million in restitution.
Expert Analysis
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How Sustainability Reporting Changed In The 1st Half Of 2025
Sustainability reporting is evolving rapidly, with fewer S&P 500 companies publishing reports in the first half of 2025 than in the same period last year, suggesting that companies are becoming more selective and intentional about their reporting, say analysts at Orrick.
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Series
Adapting To Private Practice: From Texas AUSA To BigLaw
As I learned when I transitioned from an assistant U.S. attorney to a BigLaw partner, the move from government to private practice is not without its hurdles, but it offers immense potential for growth and the opportunity to use highly transferable skills developed in public service, says Jeffery Vaden at Bracewell.
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Advice For 1st-Gen Lawyers Entering The Legal Profession
Nikki Hurtado at The Ferraro Law Firm tells her story of being a first-generation lawyer and how others who begin their professional journeys without the benefit of playbooks handed down by relatives can turn this disadvantage into their greatest strength.
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FTC Focus: When Green Goals And Antitrust Law Collide
A recently concluded Federal Trade Commission investigation has turned an emissions deal involving major U.S. heavy-duty truck manufacturers that was brokered by the California Air Resources Board into a cautionary tale about the potential for environmental agreements to run afoul of competition rules, say attorneys at Proskauer.
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Calif. Board's Financial-Grade Climate Standards Raise Stakes
After the California Air Resources Board's recent workshop, it is clear that the state's climate disclosure laws will be enforced with standards comparable to financial reporting — so companies should act now to implement assurance-grade systems, formalize governance responsibilities and coordinate reporting across their organizations, says Thierry Montoya at Frost Brown.
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Series
Coaching Cheerleading Makes Me A Better Lawyer
At first glance, cheerleading and litigation may seem like worlds apart, but both require precision, adaptability, leadership and the ability to stay composed under pressure — all of which have sharpened how I approach my work in the emotionally complex world of mass torts and personal injury, says Rashanda Bruce at Robins Kaplan.
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How To Address Tariff-Related Risks In Commercial Contracts
Companies' commercial agreements may not clearly prescribe which party bears the risks and consequences of tariff-related fallout, but cases addressing common-law defenses and force majeure have one key takeaway, say attorneys at Morgan Lewis.
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UK's 1st ICSID Claim Shows Bilateral Investment Treaty Reach
For the first time, the U.K. is facing a claim under the International Centre for Settlement of Investment Disputes Convention, underscoring the broader reality that treaty protections are no longer confined to investors in emerging markets, says Philipp Kurek at Signature Litigation.
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Series
Law School's Missed Lessons: How To Make A Deal
Preparing lawyers for the nuances of a transactional practice is not a strong suit for most law schools, but, in practice, there are six principles that can help young M&A lawyers become seasoned, trusted deal advisers, says Chuck Morton at Venable.
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Trump Tax Law's Most Impactful Corp. And Individual Changes
The One Big Beautiful Bill Act built on and reshaped elements of the Tax Cuts and Jobs Act, including business interest deductions, bonus depreciation and personal income relief, delivering substantial changes to both corporate and individual tax policy, say attorneys at Weil.
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From Clerkship To Law Firm: 5 Transition Tips For Associates
Excerpt from Practical Guidance
Transitioning from a judicial clerkship to an associate position at a law firm may seem daunting, but by using knowledge gained while clerking, being mindful of key differences and taking advantage of professional development opportunities, these attorneys can flourish in private practice, say attorneys at Lowenstein Sandler.
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Trump Tax Law's Most Consequential International Changes
The international tax provisions in the One Big Beautiful Bill Act may result in higher effective tax rates for some multinational corporations, but others, particularly those operating in low-tax jurisdictions, may benefit from alignment with global anti-profit shifting efforts, say attorneys at Weil.
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Associates Can Earn Credibility By Investing In Relationships
As the class of 2025 prepares to join law firms this fall, new associates must adapt to office dynamics and establish credible reputations — which require quiet, consistent relationship-building skills as much as legal acumen, says Kyle Forges at Bast Amron.
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Filing Clarifies FTC, DOJ's Passive Investment Stance
The antitrust agencies' statement of interest filed in Texas v. Blackrock clarifies that certain forms of corporate governance engagement are permissible under the "solely for investment" exemption, a move that offers guidance for passive investors but also signals new scrutiny of coordinated engagement, say attorneys at Stinson.
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Lessons From 7th Circ.'s Deleted Chat Sanctions Ruling
The Seventh Circuit’s recent decision in Pable v. Chicago Transit Authority, affirming the dismissal of an ex-employee’s retaliation claims, highlights the importance of properly handling the preservation of ephemeral messages and clarifies key sanctions issues, says Philip Favro at Favro Law.