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Carbon Emissions Environmental Social & Governance (ESG) Oil & Gas

DLA Piper

Horizon - ESG Regulatory News and Trends - June 2025

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EPA announces details of its reorganization. On May 2, the EPA announced a major reorganization that will eliminate several key offices, including the Office of Atmospheric Protection (OAP), Office of Air Quality Planning and...more

Bracewell LLP

US Withdrawal From the Paris Climate Accord and its Impact on the Voluntary Carbon Market

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On January 20, 2025, President Donald Trump issued a series of executive orders on energy and environmental topics that included initiating a US withdrawal from the Paris Climate Accords, a move consistent with his previous...more

DLA Piper

Horizon ESG Regulatory News and Trends - January 2025

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US exits Paris Agreement after submitting Nationally Determined Contributions. In mid-December, the Biden Administration announced it submitted the US target under the Paris Agreement: cutting net carbon emissions by 61 to 66...more

Paul Hastings LLP

Dutch Appeal Court Overturns Emissions Reduction Targets on Shell

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On April 5th, 2019, environmental activist group Milieudefensie (Friends of the Earth) Netherlands and co-plaintiffs served Shell a court summons alleging Shell’s contributions to climate change violated its duty of care...more

Hinshaw & Culbertson LLP

U.S. EPA Grants Louisiana Primacy for Class VI Geologic Sequestration Wells: What's Next?

Recently, the United States Environmental Protection Agency ("EPA") signed a final rule granting the State of Louisiana's request for primary responsibility for the permitting, compliance, and enforcement of Class VI (deep...more

Gray Reed

What Happened at COP28?

Gray Reed on

About the same as what happened at COP27. The 70,000+ fabulists, opportunists, and assorted acolytes comprising the congregation of the Church of Our Holy Mother of the Suffering Planet celebrated another high mass in,...more

Cadwalader, Wickersham & Taft LLP

Increased Investor Pressure for More Ambitious Climate Pledges Ahead of AGMs

In early April, the climate activist shareholder group, Follow This, filed shareholder resolutions seeking stronger energy transition strategies from several oil “super-majors.” The resolutions have been filed in advance of...more

Cadwalader, Wickersham & Taft LLP

Global Bank Announces Updated Energy Policy

A global financial institution recently announced an updated energy policy, supplementing its previously issued 2030 targets. HSBC’s 2030 targets aimed, among other things, to reduce financed emissions in two carbon-intensive...more

White & Case LLP

Decarbonizing in a downturn: Can the mining & metals sector afford (not) to change?

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Softening commodity prices and economic headwinds may deter miners and metal companies from deploying the significant capital expenditure required to decarbonize....more

Akin Gump Strauss Hauer & Feld LLP

CFTC Turns Spotlight on the Voluntary Carbon Markets

The Commodity Futures Trading Commission (CFTC) is joining other federal agencies in the move toward a whole-of-government approach to the mitigation of climate-related financial risk. The CFTC has taken steps this...more

Jones Day

ClientEarth Threatens Legal Action Against Shell's Directors in England and Wales

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On 15 March 2022, ClientEarth announced that it had written to Shell's board of directors informing them of its intent to bring a claim on behalf of the company for the board's failure to implement a Paris Agreement compliant...more

Akin Gump Strauss Hauer & Feld LLP

Europe Announces “Fit for 55”, Its Scheme for Carbon Neutrality by 2050

In connection with implementing the European Green Deal and its efforts to become the first climate-neutral continent, the European Commission announced on Wednesday, July 14 an ambitious package of proposals aimed at further...more

Akin Gump Strauss Hauer & Feld LLP

Carbon Capture, Utilization and Storage – What is the big deal?

Carbon capture, utilization and storage (CCUS) looks set to become one of the next major talking points in energy, as countries around the globe struggle to reduce carbon dioxide (CO₂) emissions and fulfil commitments to...more

Jones Day

The Climate Report | Second Quarter 2021

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Climate Change Regulatory Issues & Updates - Interim Update on Biden Administration Climate Change Initiatives - The last edition of the Climate Report discussed President Biden's signing, on his first day in office,...more

Opportune LLP

ESG In The Crosshairs: 3 Strategies To Minimize The Release Of Fugitive Emissions

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As federal and state regulations continue to address energy industry emissions amid growing ESG pressure from investors, here are three ways companies can minimize the release of fugitive emissions...more

Akin Gump Strauss Hauer & Feld LLP

Keys To Carbon Neutral Oil And LNG Transactions: Part 1

In the dynamic world of oil and liquefied natural gas trading, one of the hottest new products is the carbon neutral transaction. Such transactions are designed to make oil and LNG more environmentally competitive with...more

Opportune LLP

Carbon Capture Rising

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As interest in carbon capture, utilization, and sequestration (CCUS) grows, it also creates a significant opportunity for the upstream oil and gas industry....more

Orrick, Herrington & Sutcliffe LLP

CME Group to Launch a Global Emissions Offset Futures Contract

CME Group has announced plans to launch a carbon futures contract intended to offer a transparent, standardised and market-based solution to manage global emissions risk. ...more

Akin Gump Strauss Hauer & Feld LLP

Key Considerations for Carbon-Neutral Oil and LNG Transactions Using Carbon Offsets

In the dynamic world of oil and liquefied natural gas (LNG) trading, one of the hottest new products is the carbon-neutral transaction. Designed to make oil and LNG more competitive environmentally with renewable energy in...more

Opportune LLP

Top 3 Challenges To Mitigating Gas Flaring & Why ESG Investors Should Care

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Here’s why institutional investors, private equity firms and oil and gas companies facing ESG challenges should take a closer look into how they can take an active part in mitigating gas flaring....more

Pillsbury Winthrop Shaw Pittman LLP

Energy 2021: USA

Overview of the current energy mix, and the place in the market of different energy sources - Due in large part to the COVID-19 pandemic, U.S. total energy consumption in 2020 is on pace to decline for a second straight...more

Akin Gump Strauss Hauer & Feld LLP

An Inside Look at the House Bill to Revolutionize U.S. Climate Strategy

Key Points - House Democrats have released draft text for the CLEAN Future Act, a comprehensive climate bill that aims to achieve net-zero greenhouse gas pollution throughout the United States by 2050 by directing federal...more

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