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Sanctions, Border Disputes, and a Failing Infrastructure: 10 Things You Should Know About Venezuelan Oil

On 23 January 2019, the United States recognized Juan Guaido as the new interim President of Venezuela. This aligned with statements from the U.S. Secretary of State Mike Pompeo that Nicolas Maduro is no longer the legitimate President of Venezuela. Two days later, the Trump Administration announced sanctions against that nation’s state-owned oil and natural gas company (PdVSA).

Supply Vessel with Shore Power Cuts CO2 Emissions for Goliat

In November 2018, Vår Energi (formerly Eni Norge) and Simon Møkster Shipping signed an agreement to upgrade the supply vessel Stril Barents in order to reduce CO2 emissions. The upgrade involves the installation of shore power connection, combined with a new battery solution for energy storage on board.

Equinor Cuts CO2 Emissions from Its Logistical Operations

Since 2011, Equinor has reduced CO2 emissions from its logistical operations for the Norwegian continental shelf (NCS) by 600,000 tonnes. The company’s ambition is to halve emissions in the NCS supply chain by 2030.

Federal Judge Blocks BOEM from Issuing Seismic Permits During Shutdown

U.S. District Judge Richard Gergel ruled on 18 January 2019 that work to issue permits for offshore seismic exploration for oil and natural gas cannot continue until the partial Federal Government shutdown ends. The Trump administration had called employees at BOEM back to work to continue to process permit applications from five seismic testing companies proposing to survey off the East Coast.

Baker Botts Secures Appeal Victory for Marathon Oil UK LLC

International law firm Baker Botts, has achieved a litigation victory on behalf of Marathon Oil UK LLC in the English Court of Appeal. The case was one of the largest to come before the English courts in recent years in the energy sector and is the latest in a series of high profile victories for Baker Botts’ UK litigation team.

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