Stikeman Elliott

2019 Oil and Gas Review

Courtesy of Stikeman Elliott. View original article here. ASC Acknowledges “Unprecedented Circumstances Continuing in Alberta’s Capital Markets” In this year’s Oil and Gas Review, the Alberta Securities Commission highlights the continuing constraints facing reporting issuers and ongoing reporting concerns – the lack of public financing and its impact on reserve estimations taking centre stage. The Alberta Securities… [Read More…] about 2019 Oil and Gas Review

New York Attorney General Climate Change Fraud Case against Exxon Mobil Dismissed

Courtesy of Stikeman Elliott. View original article here. In a December 2019 ruling, the New York Supreme Court dismissed an important action by the state’s Attorney General alleging that, between 2013 and 2016, Exxon Mobil Corporation had made material misrepresentations to the effect that it had fully considered the risks of climate change regulation. This… [Read More…] about New York Attorney General Climate Change Fraud Case against Exxon Mobil Dismissed

Carbon Policy and Emissions Targets

Courtesy of Stikeman Elliott. View original article here. As we review the current status of Canadian carbon policy in the wake of the 2019 Election, it is clear that the concentration and focus of the federal government on carbon policy during its first term was significant, at least compared to any other area of policy.… [Read More…] about Carbon Policy and Emissions Targets

Oil and Gas in Canada: A Comprehensive Review of the Current State of the Sector

Courtesy of Stikeman Elliott. View original article here. Oil and Gas Activity in Canada, Stikeman Elliott’s comprehensive guide to the oil and gas industry in Canada, is now available. Investors and others who are interested in the Canadian energy market will want to obtain a copy of this publication, which has been fully updated by our… [Read More…] about Oil and Gas in Canada: A Comprehensive Review of the Current State of the Sector

Completion Risk, Legal Uncertainty and Federal Energy Projects

Courtesy of Stikeman Elliott. View original article here. Recent studies have shown a high level of completion risk for energy projects subject to federal jurisdiction. By some measures, up to 40% of all projects seeking federal approvals are withdrawn or terminated by sponsors or rejected by regulators. For the largest and most controversial energy projects,… [Read More…] about Completion Risk, Legal Uncertainty and Federal Energy Projects

Electric Energy in Canada: Legal and Regulatory Dynamics of the Power Industry

Courtesy of Stikeman Elliott. View original article here. Four partners from our national Energy Group recently co-authored the Canadian chapter in the second edition of Alternative Energy & Power, a publication of Chambers and Partners. The chapter surveys key topics, including: Structure and ownership of the power industry Market structure, supply and pricing Climate change laws and alternative energy… [Read More…] about Electric Energy in Canada: Legal and Regulatory Dynamics of the Power Industry

Indigenous Peoples’ Ownership of Energy Projects

Courtesy of Stikeman Elliott. View original post here. Federal and provincial governments are required to consult with and accommodate Indigenous peoples whose rights may be affected by proposed energy projects. These requirements have led to the now standard practice of developers entering into benefit agreements with Indigenous communities for the supply of some of the… [Read More…] about Indigenous Peoples’ Ownership of Energy Projects

Timelines, Completion Risk and Federal Project Reviews

Courtesy of Stikeman Elliott. View original article here. How significant are the delays in obtaining federal approvals for proposed energy projects in Canada? And what are the completion risks that result from these delays? Traditionally the declaratory policy of the Canadian federal government, key provinces and peer jurisdictions has been to complete project reviews in 24… [Read More…] about Timelines, Completion Risk and Federal Project Reviews

New Federal Timelines for Energy Project Approvals

Courtesy of Stikeman Elliott. View original article here. The federal government has proposed controversial new rules to govern approvals for projects, including many Major Energy Projects. The pace and direction of future development of Canada’s energy sector could lie in the balance. Bill C-69 proposes a new 5-stage Impact Assessment process that could easily take… [Read More…] about New Federal Timelines for Energy Project Approvals

Mining Industry Trends: Strategic Investment Transactions

Courtesy of Stikeman Elliott. View original article here. The combination of macroeconomic uncertainty and speculation over trade wars has not been kind to commodity prices or the mining industry lately.  The impact has been especially felt among junior companies without producing assets, as financiers and the public capital markets are reluctant to take on exploration… [Read More…] about Mining Industry Trends: Strategic Investment Transactions