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With the rise of battery technologies in electric vehicles, electronics, utility-scale electrical energy storage and other industrial applications, there has been increased demand for lithium, cobalt, and other minerals.

On October 2, 2023, the Railroad Commission of Texas (“Commission”) announced proposed changes (“Proposed Rule”) to its rules regulating the management of oil and gas waste.

On February 3, 2023, the California Secretary of State certified a referendum challenging Senate Bill 1137 (“SB 1137”), which institutes a 3,200-foot setback for new oil and gas operations and includes new requirements for operators of existing oil and gas production facilities.

On Friday, December 2, 2022, the Los Angeles City Council voted unanimously to ban all oil and gas drilling within the city and to phase out existing extraction over the next 20 years.

On Wednesday, January 26, 2022, the Los Angeles City Council took a significant step towards banning new oil and gas extraction in Los Angeles, and phasing out production from existing wells. By unanimously voting to adopt a series of recommendations contained in a Budget and Finance Committee Report, the City Council has initiated a process that will likely culminate in the decommissioning of over 5,200 wells.