A Norway-based energy company agreed to pay a civil monetary penalty to settle CFTC charges of attempting to manipulate a propane benchmark in order to benefit certain physical and financial positions.
A U.S. District Court declined to vacate the U.S. Army Corps of Engineers' Environmental Assessment of the Dakota Access Pipeline. The pipeline will continue to operate while the Corps addresses deficiencies identified in the assessment.
The Secretary of Energy proposed that the Federal Energy Regulatory Commission impose new rules on Commission-approved independent system operators and regional transmission organizations "to ensure that certain reliability and resilience attributes of electric generation resources are fully valued."
The U.S. Court of Appeals for the District of Columbia Circuit rejected an appeal challenging an order by the U.S. Department of Energy that granted long-term authorization to export liquefied natural gas ("LNG") to Non-Free Trade Agreement nations from the Freeport LNG terminal.
Twelve Democratic Senators urged the SEC to re-issue a new anti-corruption rule to implementing provisions of the Dodd-Frank Act "consistent with both Congressional intent and the extractive industry transparency laws in effect in thirty other countries."
President Trump issued an executive order and four presidential memoranda intended to streamline the regulatory process, dismantle burdensome regulations, and promote domestic job growth within the energy sector.
Risk Desk Editor John Sodergreen examined the evolution of the financial technology industry in light of Acting Chair J. Christopher Giancarlo's stated intention to "embrace Fintech to a level not seen before at the agency."
Cadwalader Special Counsel Brett Snyder will discuss legal considerations pertaining to the evaluation of small-scale liquefied natural gas infrastructure projects at the Platts 16th Annual Liquefied Natural Gas Conference, .
The SEC called on the Supreme Court to affirm the Tenth Circuit's decision in SEC v. Kokesh, which held that disgorgement is not a "penalty" subject to the five-year statute of limitations of the federal code.
Cadwalader attorneys evaluated a recent FERC white paper on effective energy trading compliance practices. The paper provides market participants with examples of how to design, implement, and assess compliance practices that "may" prevent or detect market manipulation.
The CFTC approved a final order to exempt a regional transmission organization's contracts, agreements and transactions for the purchase or sale of specified electric energy-related products from most of the provisions of the CEA.