Welcome to our third issue of Currents 2025. Again, thank you for reading! Power Plays and Fueling Tension: Trade War Ripples Through North American Energy Markets - President Trump's pursuit of U.S. energy dominance,...more
As delegates from the Indonesian government were in Azerbaijan making headline grabbing announcements at COP29, Baker Botts was pleased to host an evening seminar in Jakarta on 13 November 2024 with a panel of experts sharing...more
Coal production and mining jobs over the past half-century have been influenced by several factors, principally demand from the utility sector, technological breakthroughs in natural gas production, railroad deregulation, and...more
M-RETS Develops First Hourly Renewable Energy Certificate Retirement - On March 1st, M-RETS announced that it had completed the first-ever hourly Renewable Energy Certificate (REC) retirement. The hourly REC retirement system...more
FACEBOOK AND CARNEGIE MELLON PARTNER TO USE AI FOR STORAGE SOLUTIONS - On 14 October 2020, Facebook and Carnegie Mellon University released publicly a dataset of 1.3 million electrocatalyst simulations, a result of a...more
Corona-Induced CO2 Emission Reductions are Not Yet Detectable in the Atmosphere - "Based on current data measured in the energy, industry, and mobility sectors, restrictions of social life during the corona pandemic can be...more
China's New Coal Projects Make Up 90% of Global Total for First Half of 2020: Study - "Global coal-fired generation capacity saw a net decline of 2.9 gigawatts from January to June, the first drop on record for a six-month...more
Chevron’s Patience Pays Off with Bargain Deal for Noble Energy - "Like Anadarko, Noble is also a major player in the oil-rich DJ Basin of Colorado, as well as the oil-rich southwestern piece of the Eagle Ford Shale region." ...more
Dominion Energy and Duke Energy Cancel Construction of Atlantic Coast Pipeline - "Despite a recent win for the project in the US Supreme Court, ongoing delays, litigation and an expected increase in costs threatened the...more
Industry Expert Insights - We reached out to a well-known expert in Mexico in the energy and legal industries to get his thoughts on the current energy climate. Juan Serra is a partner in the Mexico City office of...more
Energy Infrastructure Attacks are ‘Probable’: Oil Traders Fear Supply Disruptions in the Middle East - "A dramatic escalation of geopolitical tensions will most likely result in an unplanned oil supply shortage in the...more
Court Ruling Vindicates ExxonMobil in New York ‘Climate Change’ Fraud Case - “'The Office of the Attorney General failed to prove, by a preponderance of the evidence, that ExxonMobil made any material misstatements or...more
Grid disruption which results in blackouts is big news and often leads to public uproar and much finger pointing. The lightning strike that led to a blackout in parts of the UK in early August was widely reported and is the...more
Judge Rules Against Oil Companies to Keep Climate Liability Case in Rhode Island - "The ruling will allow Rhode Island prosecutors to continue to bring charges against 21 oil and gas producers including Chevron, Shell and...more
Trump to Sign Order Seeking to Clear Gas Pipeline Hurdles - "The administration, which is pushing a policy it calls energy dominance, has been considering an order that would push back against states, including New York,...more
Trump Eyes Action to Limit States' Powers to Block Pipelines - "The Trump administration is considering taking steps to limit the ability of states to block interstate gas pipelines and other energy projects, according to...more
Revised Definition of "Waters of the United States" - Proposed Rule - "The agencies' proposal is the second step in a two-step process to review and revise the definition of 'waters of the United States' consistent with...more
China Says to Impose 10 Percent Tariff on U.S. LNG from September 24; Keeps U.S. Crude Oil Off List - "China announced retaliatory tariffs on an additional $60 billion worth of U.S. imports that included a 10 percent...more
Russian Hackers Penetrated Networks of U.S. Electric Utilities - "Russian hackers gained access to the networks of U.S. electric utilities last year, which could have allowed them to cause blackouts, according to federal...more