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In a development that highlights current U.S. Government foreign investment priorities, Borqs Technologies Inc. (“Borqs”), a China-based corporation, announced on December 19, 2022, that a review by the Committee on Foreign Investment in the United States (“CFIUS”) is leading Borqs to divest its investment in Holu Hou Energy LLC (“HHE”), a U.S. energy storage system company.
V&E CFIUS Update
Vinson & Elkins partner John B. Connally served as Contributing Editor to the Chambers 2022 Energy: Oil & Gas Global Practice Guide, which was released on August 9, 2022.
It has been over a year since the Colonial Pipeline cybersecurity incident, and the Department of Homeland Security’s Transportation Security Administration (“TSA”) continues to issue cybersecurity directives to owners and operators of critical pipelines and liquified natural gas facilities.
The U.S. Environmental Protection Agency (“EPA”) recently announced that it is conducting another round of aerial inspections of upstream and midstream facilities in the Texas and New Mexico Permian Basin.
V&E Environmental Update
When George W. Bush signed the Energy Policy Act of 2005 and the Energy Independence and Security Act of 2007, ethanol was hardly a household name, even though it had been used as a fuel since the early 1800s.
Published in Energy Law Advisor
On August 12, 2022 – a little over two weeks after the legislation was announced and five days after it passed the Senate – the House passed the historic Inflation Reduction Act of 2022 (the “Act”).
V&E Energy Update
On Sunday, August 7 the Senate passed the Inflation Reduction Act of 2022 (the Act) as part of the FY 2022 Budget Reconciliation bill.
V&E Environmental Update