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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.

Corpus Christi Channel Deepening Expected to Increase Crude Exports for U.S.

The Port of Corpus Christi is the largest crude export port in the United States and processes approximately 100 million tons each year. The Port’s impact on the United States economy exceeds $124 billion annually and planned work on this channel over the next five years is expected to bring significant boost to the United States, Texas and local economies.

DOE Awards $25 Million for Marine Energy Research Projects

The U.S. Department of Energy (DOE) selected $25 million in research projects for next-generation marine energy devices. Funded by DOE’s Office of Energy Efficiency and Renewable Energy Water Power Technologies Office, these 12 innovative projects will reduce capital costs and accelerate the innovation cycle by testing new concepts. Marine energy includes ocean wave power, tidal, and river/ocean current devices that convert movement of water into electricity.

BP Identifies Significant Additional Oil Resources in Gulf of Mexico

BP announces that it has approved a major expansion at the Atlantis field in the U.S. Gulf of Mexico and has also identified significant additional oil resources that could create further development opportunities around the production hubs it operates in the region.

Bid to Build First NJ Offshore Wind Farm Submitted by Ørsted

Ørsted submitted a bid to the New Jersey Board of Public Utilities (NJBPU) Dec. 28 to build its Ocean Wind project in response to the first offshore wind request for proposal under Gov. Phil Murphy’s clean energy agenda, according to a release.

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