On November 12, 2021, in furtherance of the Biden administration’s goal of deploying 30 gigawatts (GW) of offshore wind energy by 2030, the US Department of the Interior announced its designation of the Morro Bay Wind Energy Area (WEA) offshore central California. The WEA is about 240,898 acres (376 square miles) and roughly 20 miles
Latest from Energy Forward - Page 2
Interior Department: Three Milestones for Offshore Wind Energy Development in the Atlantic and Gulf of Mexico
On October 28, 2021, in furtherance of the Biden-Harris administration’s goal of deploying 30 gigawatts (GW) of offshore wind energy by 2030, the US Department of the Interior announced three major offshore wind development proposals.
First, the Bureau of Ocean Energy Management (BOEM) announced a proposed lease sale for offshore wind development for approximately 128,000
Managing Cyber Risk with the Mayer Brown Oil & Gas Lawyers’ Forum
The Mayer Brown Oil & Gas Lawyers’ Forum is back and the next session will take place on Wednesday 29 September at 12:45 p.m. (BST)/ 7:45 a.m. (EDT) when we will hold a discussion on Managing Cyber Risk in the Oil & Gas Sector with partners Mark Stefanini and Oliver Yaros in London and Stephen
Testing times for the “Supplier of Last Resort” regime as UK gas prices continue to rise
Kwasi Kwarteng, UK Business and Energy Secretary is reported to have said on 20 September that “My task is to ensure that any energy supplier failures cause the least amount of disruption to consumers”.
Wholesale day-ahead gas prices in the UK are reported to have jumped some 9% on 20 September alone. The rise is
Texas Commission Proposes New Generator, Utility Weather Requirements and Opens Fast-Track Rulemaking Proceeding
The Public Utility Commission of Texas (PUCT) has issued draft regulations to implement new electric weather-related requirements set forth in Texas Senate Bill 3, which was enacted in response to what the PUCT described as the February 1-5, 2021, “Southwest Cold Weather Event.” This Legal Update discusses the two-phase approach the PUCT has proposed.
Mexico – CNH Publishes Amendment to Guidelines that Regulate Exploration and Development Plans for the Extraction of Hydrocarbons
On August 20, 2021, the National Hydrocarbons Commission (Comisión Nacional de Hidrocarburos,”CNH”) published in the Federal Official Gazette the Resolution CNH.E.22.008/2021 by which several provisions of the guidelines that regulate the Exploration and Development Plans for the Extraction of Hydrocarbons are modified, added and repealed (the “Resolution”).
UK Hydrogen Strategy: The Transition From Imagining to Building a Market
The UK’s Hydrogen Strategy landed this month, sending a strong message that the UK government is listening and willing to commit to private sector partners in order to reach short term and long term hydrogen market goals. However, the scale of the challenge remains huge, requiring the simultaneous development of hydrogen production capabilities and end
President Biden Issues National Security Memorandum on Critical Infrastructure Cybersecurity
On July 28, 2021, President Biden signed a national security memorandum that seeks to “significantly improve” the cybersecurity of critical infrastructure systems. The “National Security Memorandum on Improving Cybersecurity for Critical Infrastructure Control Systems” (the “Memorandum”) reflects the administration’s conclusion that “[t]he cybersecurity threats posed to the systems that control and operate the critical infrastructure
Mexico – CRE Fixes Maximum LP Gas Prices after SENER Issues Emergency Guideline
After a brief review before the Federal Regulatory Improvement Commission (Comisión Nacional de Mejora Regulatoria, “CONAMER”), on July 28, 2021, the Ministry of Energy (Secretaría de Energía, “SENER”) published in the Federal Official Gazette (Diario Oficial de la Federación, “DOF”) an Emergency
Mayer Brown’s Working Capital Newsletter
We are excited to share with you our second edition of Working Capital, Mayer Brown’s Projects & Infrastructure newsletter. In this edition, we feature
- Mayer Brown’s newly elected chair, Jon Van Gorp and his commitment to our clients;
- Interviews with Houston laterals, Greg Matlock and Phil Lau, regarding carbon capture use and sequestration as well