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Tariffs Oil & Gas

Bennett Jones LLP

Canada’s Q2 2025 M&A Landscape

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The total number of Canadian M&A deals declined in the second quarter of 2025 as tariff disruption and uncertainty hampered dealmaking activity. However, the overall value of announced Canadian deals was up considerably in...more

Troutman Pepper Locke

Fifth Circuit Finds ANR Pipeline’s Tariff Does Not Require Simultaneous Delivery for Short-Notice Shipments

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On May 22, 2025, the U.S. Court of Appeals for the Fifth Circuit (“Fifth Circuit”) addressed a dispute between ANR Pipeline Company (“ANR”) and FERC. The case centered on the interpretation of ANR’s tariff and whether it...more

Seyfarth Shaw LLP

Tariff Turbulence: Navigating Force Majeure Risks in Texas Oil and Gas Contracts

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Upstream oil and gas producers and oilfield service companies are facing new uncertainties from recently imposed federal tariffs. In early 2025, the US expanded tariffs on a broad range of imports, suddenly increasing costs...more

Miles & Stockbridge P.C.

Left Out of ‘Liberation Day’: Demystifying Continuing Import Sanctions and Tariffs on Russia

President Donald Trump issued an executive order (EO) earlier this month announcing sweeping “reciprocal” tariffs on imports from countries across the world. One country missing from the EO’s increased tariffs was Russia,...more

American Conference Institute (ACI)

[Event] Trade & Sanctions Compliance for the Oil and Gas Industry - May 21st - 22nd, Houston, TX

Between tariffs, tightening export controls, evolving sanctions, and ramped up enforcement, the cost and complexity of compliance is rising for oil and gas supply chains. ACI’s Trade & Sanctions Compliance for the Oil and...more

Cozen O'Connor

Cozen Currents: The Art of the Tariffs

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“While President Donald Trump’s love of tariffs is often attributed to his desire for leverage in negotiations, the ones he seeks to use to reshore manufacturing are inherently intended to be non-negotiable."...more

Bracewell LLP

Post Liberation Day --"Secondary Tariffs" Raise Costs Even Higher for International Actors

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President Trump has used tariffs as a significant point of geopolitical leverage since the beginning of his second term. Indeed, his administration dubbed April 2, 2025 “Liberation Day” in honor of a sweeping set of tariffs...more

K2 Integrity

The Expanding U.S. Economic Statecraft: The Introduction Of “Secondary Tariffs”

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On 24 March 2025, President Trump issued Executive Order 14245 authorizing Secretary of State Marco Rubio to impose a 25 percent tariff on all goods imported into the United States from any country that directly or indirectly...more

Paul Hastings LLP

Venezuela Sanctions: Wind-Down of General License 41 and Introduction of ‘Secondary Tariffs’

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The dynamic pace of early policymaking by the new U.S. administration has continued into the spring of 2025, including in the context of sanctions on Venezuela. While Venezuela is not, and has not been, subject to...more

Akin Gump Strauss Hauer & Feld LLP

Imposing Tariffs on Countries Importing Venezuelan Oil (Trump EO Tracker)

To combat Venezuela’s destabilizing actions and support for illicit activities, the Secretary of State in consultation with the Secretary of the Treasury, the Secretary of Commerce, the Secretary of Homeland Security and the...more

K&L Gates LLP

Implications of New “Secondary Tariff” Executive Order Targeting Importers of Venezuelan Oil

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On 24 March 2025, the White House issued an Executive Order threatening to impose a 25% tariff on all goods imported into the United States from any country that imports Venezuelan oil directly or indirectly through third...more

Kelley Drye & Warren LLP

Oil and Autos: Another Round of Tariff Activity

President Trump issued two major tariff-related executive orders in the past 48 hours. The first, pursuant to the International Emergency Economic Powers Act (IEEPA), authorizes the Secretary of State to impose tariffs on...more

Troutman Pepper Locke

Unprecedented "Secondary Tariffs" for Oil Trade With Venezuela

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On April 2 — labeled “Liberation Day” by President Trump — the Trump administration is set to add a new sanctions-like boost to its tariff strategy, with a threat to impose unprecedented “secondary tariffs” of 25% on “all...more

Latham & Watkins LLP

White House Announces New Tariffs on Countries That Import Oil From Venezuela

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The tariff landscape continues to shift. On April 2, 2025, the current pause on tariffs for many Mexican and Canadian imports is set to expire, while tariffs on all countries importing Venezuelan oil are set to take effect....more

American Conference Institute (ACI)

[Event] 19th Annual Flagship Conference on Economic Sanctions Enforcement and Compliance - April 30th - May 1st, Washington, DC

With unprecedented change and intensifying enforcement, now is the time to ensure your team is prepared for what’s ahead. Ensure that you don’t miss out on critical U.S. and international economic sanctions updates and the...more

Husch Blackwell LLP

President Trump Issues Executive Order Imposing Tariffs on Imports of Goods Into the United States from Countries Sourcing Oil...

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On March 24, 2025, President Trump, pursuant to the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.) (“IEEPA”), the National Emergencies Act ((50 U.S.C. 1601 et seq.), and section 301 of title 3, United...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights, V 9, Issue 2, February 2025

Welcome to our second issue of Currents 2025, our energy e-newsletter. Energy Demand Rises with Growth of Data Centers - In recent years, significantly higher electricity demands have been forecasted with the growth of...more

Flaster Greenberg PC

Trump's Tariffs Put American Energy Security In Question

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Saturday, February 1, 2025 may go down as the date the great Trade War began. On that date, less than two weeks following his second inauguration, President Donald J. Trump announced 25% tariffs on both Mexico and Canada...more

Latham & Watkins LLP

Week 2 in Review: Major Moves on Energy, Immigration, Digital Assets, and DEI

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The Trump administration has taken rapid action to implement key policy priorities, affecting both federal agencies and the private sector....more

Husch Blackwell LLP

China Announces Retaliatory Tariffs and Non-Tariff Actions Against the U.S.

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On February 4th, in response to President Trump imposing 10% tariffs on all Chinese imports, China announced a number of retaliatory tariff and non-tariff actions. Retaliatory tariff actions: China announced a 15% tariff on...more

Stikeman Elliott LLP

U.S. Tariffs and Canada’s Immediate Response: Reshaping the Landscape of North American Trade?

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Effective as of Tuesday, February 4, 2025, the United States is imposing 25 per cent tariffs on almost all goods imported from Canada. A lower tariff of 10 per cent will be imposed on Canadian energy and resource products...more

Akin Gump Strauss Hauer & Feld LLP

Oil & Gas in 2025: Emerging Trends & Predictions

As we enter 2025 with a new president in the White House and Republicans in control of both the House and the Senate, we can look forward to a significant shift in the landscape for oil & gas transactions. The second Trump...more

King & Spalding

The Trifecta: What to Expect from a Second Trump Administration and a Republican Congress

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Republicans have swept the 2024 elections, returning Donald Trump to the White House as the 47th President and flipping the Senate to a Republican majority. Having narrowly maintained control of the House of Representatives,...more

Parker Poe Adams & Bernstein LLP

Key Federal Takeaways From the 2024 Election

Republicans are taking back the White House and the U.S. Senate. All that remains to be determined is control of the U.S. House, which Republicans appear poised to take as well. ...more

Bracewell LLP

PRG 2024 Post-Election Pulse Check: Wind

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George Felcyn, senior director of government affairs in Bracewell’s Policy Resolution Group, discusses the future of the wind industry under a second Trump administration....more

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