News & Analysis as of

Bitcoin Oil & Gas

Blake, Cassels & Graydon LLP

Une mine de bitcoins exploitée sur une concession de pétrole et de gaz fait l’objet d’une injonction permanente

Dans Roy Flowers v. Persist Oil and Gas Inc., la Cour du Banc du Roi de l’Alberta (la « Cour ») a prononcé une injonction permanente interdisant à la défenderesse d’exploiter une entreprise de minage de bitcoins parce que le...more

Blake, Cassels & Graydon LLP

Court Issues Permanent Injunction Against Bitcoin Mining on Oil and Gas Lease

In Roy Flowers v. Persist Oil and Gas Inc., the Court of King’s Bench of Alberta issued a permanent injunction precluding the defendant from operating a Bitcoin mining operation, based on the failure of the underlying lease...more

Opportune LLP

Bitcoin Mining & ESG: Why Digital Transformation Can Enhance Visibility, Transparency

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The past few months have seen headlines that reinforce the creativity and innovation within the energy industry—all in the name of Environmental, Social, and Governance (ESG)....more

Opportune LLP

Cryptocurrency In Texas: Why Bitcoin Mining Is Taking Off In The Lone Star State

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By nature, Bitcoin mining is energy-intensive and relies on cheap energy to turn a profit. Bitcoin miners have started to flock to Texas because of the current “goldilocks” situation for cryptocurrency mining for three main...more

Robins Kaplan LLP

Jobs Report Unlikely to Boost Rapidly Declining U.S. Markets

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Jobs Report Friday. Let’s see if the numbers give us some reason for cheer after markets whipsawed into the red—hard—a day before. [But best to temper hopes for any market recovery, no matter what jobs are, as early signs...more

Opportune LLP

Cryptocurrency & Energy: A Symbiotic ESG Relationship

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Cryptocurrency and energy. On the surface, these two industries might read like a story of strange bedfellows, but in reality, they’ve forged a symbiotic relationship that appears to be flourishing over time. Why?...more

The Volkov Law Group

The Justice Department Strikes Back and Recovers Ransom Paid by Colonial Pipeline

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You just can’t make this stuff up – the Justice Department, displaying its growing sophistication of the cyber world, announced it recovered most of the ransom paid to criminal hackers of Colonial Pipeline Co. (Colonial)....more

Robinson+Cole Data Privacy + Security Insider

DOJ Grabs Colonial Pipeline Crypto Wallet from DarkSide

In an unusual and exciting twist to the Colonial Pipeline ransomware attack, the Department of Justice (DOJ) announced this week that it was able to retrieve $2.3 million of the $4.4 million paid by Colonial Pipeline to...more

Robins Kaplan LLP

Financial Daily Dose 6.10.2021 | Top Story: TC Energy Abandons Controversial Keystone XL Pipeline Project

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After years of protests, lobbying, and legal battles, TC Energy—the Canadian pipeline company behind the embattled Keystone XL pipeline project that “would have carried petroleum from Canadian tar sands to Nebraska”—announced...more

Herbert Smith Freehills Kramer

DOJ Seizes Millions in Ransom Paid to Colonial Pipeline Hackers

On June 7, the Department of Justice (DOJ) announced that it seized 63.7 of the 75 bitcoins paid by Colonial Pipeline to ransomware attackers last month. The recovered bitcoins were valued at $2.3 million at the time of...more

Robins Kaplan LLP

Financial Daily Dose 2.12.2021 | Top story: Bumble Booms in Public Markets Debut

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Bumble hit markets on Thursday with considerable buzz, and markets validated that love, with company shares opening a mind-boggling $33 above its already-increased offering price. ...more

Robins Kaplan LLP

Financial Daily Dose 11.23.2020 | Top Story: Pandemic and Global Economy Dominate Virtual G-20 Meeting

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The G-20 held a virtual summit this weekend, and discussions about taming the pandemic and addressing “the global economic damage it has wrought dominated” the meeting....more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights: Issue 32, August 2020

Trump Administration Approves Arctic National Wildlife Refuge for Land Leasing, Oil Drilling - "The Trump administration continues to roll back environmental protections and opening doors for the fossil fuel industry in...more

Robins Kaplan LLP

Financial Daily Dose 7.31.2020 | Top Story: Amazon a Juggernaut?

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Amazon a juggernaut? Quarterly sales and profit prove how indispensable tech giants have become to our society. In the midst of a pandemic, Big Tech mostly shows gains....more

Robins Kaplan LLP

Financial Daily Dose 5.11.2020 | Top Story: Tesla Sues to Reopen its California Factory

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Tesla sues to reopen its California factory; Elon threatens to move the company out of state. The company asked a federal judge to reopen the factory, arguing that the “local government’s insistence that it remain closed . ....more

Robins Kaplan LLP

Financial Daily Dose 11.05.2019 | Top Story: Uber Posts Billion-dollar Q3 Losses But Improved Revenue

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Uber reported another quarter of billion+ dollar losses, but as so many things on Wall Street & Silicon Valley tend to go, the news wasn’t all bad because those numbers were far better than the $5.2 billion it lost in Q2....more

Robins Kaplan LLP

Financial Daily Dose 6.27.2019 | Top Story: DOJ Criminal Inquiry Into Chicken Industry Price Fixing

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The DOJ has jumped on board claims made in existing civil class-action lawsuits and is considering criminal price-fixing charges against “some of the biggest American poultry companies, including Tyson Foods and Pilgrim’s...more

Clark Hill PLC

Window On Washington - Vol. 2, Issue 21

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Outlook for This Week in the Nation's Capital - Recess Week. Both the House and Senate are in recess this week. Opioid Legislation. Majority Leader McCarthy has said that the House is planning to consider its expansive...more

Robins Kaplan LLP

Your Daily Dose of Financial News

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Vodafone will spend $23 billion in cash to snap up operations in four European countries from Liberty Global PLC, which specializes in cable operations....more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - April 2018 #3

An Interview with Bill Raney, President of West Virginia Coal Association - Nick Preservati, Co-Chair of Spilman's Energy Practice Group, recently sat down with Bill Raney, President of the West Virginia Coal Association...more

Jones Day

The Year in Bankruptcy: 2017

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The initial year of the Trump administration colored much of the political, business, and financial headlines of 2017, both in the U.S. and abroad. Key administration-related developments in 2017 included U.S. withdrawal from...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - December 2017 #2

Virginia Agency Takes Unexpected Step that Could Delay Gas Pipeline Project - "The State Water Control Board approved permits for the $5 billion Atlantic Coast Pipeline, which is backed by Dominion Energy, but took the...more

Robins Kaplan LLP

Your Daily Dose of Financial News

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Generic drugmaking giant Teva Pharmaceuticals will cut 25% of its workforce (around 14,000 jobs) and shutter manufacturing and R&D facilities in an effort to “simplify its structure and reduce its debt”....more

Robins Kaplan LLP

Your Daily Dose of Financial News

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Chevron CEO John Watson is out in a move that leaves the energy giant without a board-confirmed successor and marks the “dramatic shift under way at big oil companies as they adapt to a prolonged period of lower prices...more

Maynard Nexsen

NC Legislative Update - August 2016

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The 2016 Session - Lawmakers kept their promise of a truly short session this year. The legislature adjourned the 2015-16 Session sine die on Friday, July 1st, just before midnight. In total, the House was in session for...more

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