Searching Content indexed under Energy and Natural Resources by Ropes & Gray LLP ordered by Published Date Descending.
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IRS Suspends Prior Guidance Limiting Tax-Free Spinoffs
On March 21, 2019, the IRS announced it is temporarily suspending two revenue rulings addressing tax-free spinoffs.
United States
17 Apr 2019
OFAC's Designation Of PdVSA Escalates Venezuela Sanctions
On January 28, 2019, the U.S. Department of the Treasury's Office of Foreign Assets Control ("OFAC") added Petróleos de Venezuela, S.A. ("PdVSA") ...
United States
6 Feb 2019
OFAC Hits ExxonMobil with $2 Million Sanctions Penalty and Public Rebuke
On July 20, 2017, the U.S. Treasury Department's Office of Foreign Assets Control ("OFAC") penalized ExxonMobil Corp. and two of its U.S. subsidiaries (collectively, "ExxonMobil") $2 million for violations of the Ukraine-Related Sanctions Regulations.
United States
25 Jul 2017
SEC Issues Updated Statement On Conflict Minerals Rule
Also on Friday, SEC Acting Chairman Piwowar published a separate Statement.
United States
11 Apr 2017
EU Reaches Final Agreement On Conflict Minerals Regulation – An Overview
The regulation will not require due diligence by manufacturers, importers and sellers of finished products and components.
European Union
29 Nov 2016
District Court Judge Assigned In Conflict Minerals Rule Case
In furtherance of the appellate court's decision, late last week, the case was randomly assigned to Judge Ketanji Brown Jackson.
United States
14 Oct 2016
Mexico Enacts A Sweeping New Anti-Corruption Regime, Accompanied By A Public Apology From President Peña Nieto And Increased Attention On Mexico's Energy Sector By U.S. Regulators
After an aggressive grassroots campaign, Mexican President Enrique Peña Nieto recently announced the enactment of sweeping changes to Mexico's anti-corruption regime.
United States
22 Aug 2016
SEC Adopts Resource Extraction Issuer Disclosure Rule – Changes From The Proposed Rule And Take-Aways For Issuers
On June 27, the SEC adopted Rule 13q-1 under the Exchange Act and related amendments to Form SD.
United States
7 Jul 2016
EU Reaches Political Understanding On Conflict Minerals Regulation – An Overview And Take-aways For Downstream Companies
Late last Wednesday, the European Union reached agreement on the broad framework of a conflict minerals regulation.
European Union
21 Jun 2016
The SEC's (Re-)Proposed Resource Extraction Issuer Disclosure Rule – An Update, Deep Dive And Selected Takeaways And Action Items For Issuers
During December, the Securities and Exchange Commission (SEC) issued its long-awaited proposed rule (the Rule) on the disclosure of resource extraction payments by public companies.
United States
2 Feb 2016
Musings On Conflict Minerals Compliance – The Year That Was, The Year That May Be And What You Should Be Doing Now
With New Year's behind us and roughly four and a half months to go until the calendar 2015 conflict minerals filings are due, many companies are ramping up their compliance efforts in earnest.
United States
20 Jan 2016
Department Of The Interior's New "Fracking" Rules Highlight The Importance Of Due Diligence And Compliance Efforts
From an enforcement perspective, the most significant modifications to existing law may be the new "self-certification" requirements.
United States
7 Apr 2015
Department Of The Interior Releases Comprehensive New Rules On "Fracking"
On March 26, 2015, the Department of the Interior formally published a comprehensive set of new rules regarding Hydraulic Fracturing, commonly known as "fracking."
United States
31 Mar 2015
FERC Strikes Back On Financial Market Jurisdiction In BP Manipulation Case
The vexed question of FERC jurisdiction over alleged manipulation of the natural gas futures markets recently bubbled back to the surface.
United States
22 Jul 2014
SEC Proposes Rules Relating to Conflict Minerals, Mine Safety Reporting and Payments by Resource Extraction Companies
On December 15, 2010, the Securities and Exchange Commission proposed rules relating to disclosure of (i) use of "conflict minerals" from the Democratic Republic of the Congo and adjoining countries, (ii) mine safety information and (iii) payments made to governments by resource extraction issuers relating to the commercial development of oil, natural gas or minerals.
United States
6 Jan 2011
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