News & Analysis as of

Energy Sector Contract Terms

Bracewell LLP

Shell v Venture Global: Commissioning a Dispute

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It has recently been announced that an arbitral tribunal has found in favour of Venture Global, Inc. in its dispute against Shell concerning whether the ’start date’ of a long-term liquefied natural gas (LNG) sale and...more

Whiteford

Client Alert: DOE Grant Cancellations: Practical Steps for Recipients Facing Termination

Whiteford on

The Department of Energy (DOE) has recently terminated or suspended a number of high-profile energy grants, withdrawing more than $3.7 billion in commitments for projects involving carbon capture, decarbonization, and...more

Vinson & Elkins LLP

The Stabroek JOA Arbitration: Is It Time to Revisit JOA Change in Control Provisions?

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In the first in our series on JOA issues, we discuss the recent Stabroek JOA Arbitration decision and what it means for JOA parties considering their own JOA Change in Control provisions. Chevron Corporation’s (“Chevron”)...more

Foley & Lardner LLP

Constellation and Meta PPA: Tech AI and Clean Energy Goals Preserve Existing Nuclear Generation

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On June 3, 2025, Constellation and Meta announced a 20-year virtual power purchase agreement (the “PPA”) for the output from the nuclear reactor at Constellation’s Clinton Clean Energy Center. This partnership exemplifies the...more

Adams & Reese

Top Five Things to Know About Borrowing Money for Gulf State Energy Financing

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Oil and gas companies operating in the Gulf States frequently access financing to support their operations and exploration. The transactions involve unique legal complexities due to the nature of the industry and assets...more

Holland & Knight LLP

Colombia ANH adopta medidas para el cumplimiento y normalización de contratos de hidrocarburos

Holland & Knight LLP on

La Agencia Nacional de Hidrocarburos (ANH) de Colombia emitió el Acuerdo No. 03 de 2025 por medio del cual se adoptan medidas para promover el cumplimiento y normalización de los actuales contratos y convenios misionales de...more

Gray Reed

Geophysicist’s Claims Turn on Definitions

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Sewak v. Sutherland Energy Co. Ltd. is of interest for how the court defined terms commonly used in consulting contracts in the oil and gas industry, and how difficult it is to foresee all contingencies when negotiating a...more

Gray Reed

How Does the Model Form JOA Address an Operator/Non-Operator Dispute?

Gray Reed on

Texas Crude v. Burlington Resources Oil and Gas considers the relationship between the operator and non-operators under Articles V and VI of the 1982 Model Form Joint Operating Agreement....more

A&O Shearman

Vietnam: impact on LNG-to-power projects of the new Electricity Law guiding Decree 56

A&O Shearman on

On March 3, 2025, the Vietnamese government issued Decree No. 56/2025/ND-CP (Decree 56) which provides detailed guidance on the implementation of a number of provisions of the new Electricity Law regarding developing power...more

Gray Reed

How to Work for Free Under a Master Service Agreement

Gray Reed on

Kouatli v. Endeavor Energy Resources L.P. offers valuable (and obvious) lessons on how NOT to perform a Master Service Agreement in the oil patch (or, per Billly Bob and friends, “The Patch”), to wit...more

Vinson & Elkins LLP

From Cloud to Compliance: Legal Essentials for Building and Operating AI-Ready Data Centers

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Driven by the demand for AI-ready cloud infrastructure, the market cap for global data center construction, currently valued at more than $250 billion, is set to double in less than ten years, reaching half a trillion dollars...more

Pierce Atwood LLP

Tariffs Loom on Natural Gas Imports: Be Prepared

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If you are a seller or purchaser of natural gas imported from Canada or Mexico, or exported to either country, under an NAESB Base Contract for the Purchase and Sale of Natural Gas (NAESB Contract), you should carefully...more

Holland & Knight LLP

ANH en Colombia actualiza tarifas para el año 2025 correspondientes a derechos económicos

Holland & Knight LLP on

La Agencia Nacional de Hidrocarburos (ANH) de Colombia, el 28 de enero de 2025, expidió la Circular 0001 por medio de la cual se actualizan las tarifas para el año 2025, correspondientes a derechos económicos de los Contratos...more

Oliva Gibbs

OG Talks: Good Energy and Navigating Transactions

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Join Oliva Gibbs LLP's co-owners Brad Gibbs and Zack Oliva, alongside Partner Patrick Schenkel, as they delve into the intricacies of transactional law in the oil and gas sector. From navigating jurisdiction-specific...more

White & Case LLP

Preparing for the Administration Change: A Toolkit for Government Contractors and Grant Recipients

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As the new administration embarks on its first 100 days, contractors and grant recipients face a pivotal moment. With a clear emphasis on reducing government spending and shifting resources toward energy independence and...more

Mayer Brown

MME Publica Portaria com as Diretrizes Para o LRCAP 2025

Mayer Brown on

O Ministério de Minas e Energia (MME) publicou as Portarias Normativas nº 96, de 31 de dezembro de 2024, e nº 97, de 3 de janeiro de 2025, que estabelecem as diretrizes para a realização do Leilão de Reserva de Capacidade na...more

A&O Shearman

Termination turmoil: when knowing your rights makes all the difference

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The High Court in URE Energy v Notting Hill Genesis found that whether a party is aware of its termination right under a contract depends solely on the evidence and requires actual, not constructive, knowledge. However,...more

BCLP

Typical Transaction Documents in a (Standalone) BESS Project-Financing

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Further to our previous articles on the market and sources of revenue for (standalone) project-financed BESS projects, this article considers the core transaction documents making up a project-financed BESS project and the...more

Troutman Pepper Locke

The Texas Supreme Court Holds Interest Must Be Simple Absent an Express, Clear, and Specific Provision for Compounding

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The Texas Supreme Court has clarified Texas law concerning how to calculate interest that is being paid pursuant to an agreement or statute. Samson Exploration, LLC v. Bordages, No. 22-0215, 2024 WL 2869049 (Tex. June 7,...more

Oliva Gibbs

The Force (Majeure) May Not Be So Strong in This One

Oliva Gibbs on

In a recent lawsuit, an oil producer claims significant monthly losses due to a forced pipeline shutdown, alleging the pipeline company violated their contract by failing to adhere to U.S. laws and ensure operational...more

Troutman Pepper Locke

Energy Contracting and the Hidden Power of the Force Majeure Clause - Energy Law Insights

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The energy sector is currently undergoing seismic change and with that change comes tremendous opportunity. Our energy video series, which features nationally recognized Troutman Pepper partners as they discuss a vast array...more

Vinson & Elkins LLP

The AIEN 2023 International Model Joint Operating Agreement

Vinson & Elkins LLP on

The article examines the JOA’s main provisions, including rights and duties of the operator, operating committee, work programs and budgets, contract awards, greenhouse gas provisions, exclusive operations, default,...more

Holland & Knight LLP

ANH en Colombia actualiza tarifas para el año 2024, correspondientes a derechos económicos

Holland & Knight LLP on

La Agencia Nacional de Hidrocarburos (ANH) de Colombia, el 15 de enero de 2024, expidió la Circular 0001 por medio de la cual se actualizan las tarifas para el año 2024, correspondientes a derechos económicos pactados en los...more

Stoel Rives -  Ahead of Schedule

Contract Drafting Tips for Rooftop Solar and Carport Solar Leases

Adding solar energy facilities to a rooftop or a parking lot is an excellent way to put developed land to even more productive use. Hosting a solar array can create value for a property via a new revenue stream from rent...more

Oliva Gibbs

Do You Need an Arbitration Clause in Your Energy Contract? Pros and Cons

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Arbitration clauses are gaining prominence in energy contracts due to evolving industry issues and complexities. Explore some pros and cons to help make informed contract decisions for your business in this Oliva Gibbs case...more

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