Welcome to our sixth issue of Currents 2025. We are covering a multitude of issues in this edition, but we want to pass along a couple of announcements first. Again, thank you for reading! Amazon and Pennsylvania Join the...more
This client alert provides a brief overview of President Biden’s recent decision to expand the ban on offshore oil and gas leasing, outlining its background, scope, and potential impact on the energy industry. Key...more
With just days remaining in office, President Joe Biden has cast uncertainty over President-Elect Donald Trump's campaign promises of U.S. energy dominance. On Jan. 6, 2025, President Biden announced an executive action to...more
“While Republicans have taken unified control of the federal government, President-elect Donald Trump is going to lean heavily on an expansive use of executive power from his first day back in the Oval Office as he has...more
In his final days in office, President Joe Biden has exercised his executive authority to withdraw more than 625 million acres of federal waters from future oil and gas leasing – the largest withdrawal of its kind in U.S....more
On January 6, President Biden announced an executive action affecting offshore drilling prior to the end of his term. Biden has issued a decree that will “permanently ban” new offshore oil and gas development in large...more
Biden administration to restore climate criteria to NEPA - The New York Times – October 6 - The Biden administration on Wednesday announced that it would restore climate change protections to the nation’s bedrock...more
Sustained investment in offshore platforms and production installations has been critical in securing the UK’s energy supply. Despite ongoing oil price volatility, in 2016 and 2017 £3-4 billion of capital per year is...more
On November 12, 2014 the Bureau of Safety and Environmental Enforcement (BSEE) strongly signaled a forthcoming review of its offshore facility decommissioning regulations and regulatory authority over contactors. While the...more
The U.S. government recently announced plans for a number of regulatory initiatives in 2015 that will affect the oil and gas industry. Planned Federal Regulations Target the Oil and Gas Industry Twice per year, the U.S....more