Haynes and Boone, LLP Counsel Sara Mouledoux Glover talked with Law360 about the changing regulatory environment and efforts to reduce greenhouse gas emissions and promote cleaner energy technologies in the oil and gas industry and the effect on long-term project development.
Below is an excerpt:
Drilling activity slowed considerably during the pandemic-exacerbated oil price plunge but is starting to pick up again as oil prices rebound. But attorneys say regulatory changes and investor demands are coloring development decisions.
"I think that on a day-to-day basis, it's generally business as usual," Haynes and Boone, LLP oil and gas counsel Sara Glover said. "I think from a long-term perspective, when it comes to the financing that's coming in and out of the industry, people are thinking about the regulatory environment they're going to find themselves in and whether it's a good investment."
To read the full article, click here.