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Dentons recognized by Working Mother as one of the 60 best law firms for women
Dentons, the global law firm, has once again been named one of the 60 best law firms for women by Working Mother magazine in its annual "Best Law Firms for Women" report.
Proposed changes to Act to enable stamp duty on electronic contracts for Real Estate
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Hospital system pays $84.5 million to settle AKS and Stark Law violations
A Michigan health care system has agreed to pay $84.5 million to resolve a False Claims Act case based on alleged violations of the federal Stark Law and Anti-Kickback Statute.
Will it be mandatory to companies in Central America to comply with GDPR?
After years of preparation, the first community regulation for the protection of personal data, the GDPR (General Data Protection Regulation), came into force.
CMS offers teaching hospitals new flexibility in FY 2019 IPPS final rule
In August 2018, the Centers for Medicare & Medicaid Services (CMS) released the agency’s fiscal year 2019 inpatient prospective payment system (IPPS) final rule.
Starting your career as a student at Dentons exposes you to a world of experience and opportunities
With 125+ locations in 50+ countries, Dentons is home to top-tier talent that is found at the intersection of geography, industry knowledge and substantive legal experience. Working with Dentons, you will have the opportunity to learn from the best lawyers in the industry at the largest law firm in the world.
David Wotherspoon named one of Canada’s Top 25 Most Influential Lawyers
Dentons is proud to announce that David Wotherspoon, Partner and Lead of the Firm’s Litigation and Dispute Resolution group in Vancouver, has been named one of Canada’s Top 25 Most Influential Lawyers in the Corporate Commercial category by Canadian Lawyer.
Dentons Rodyk welcomes Yi Jing Teo to the Firm's Corporate practice group
Dentons Rodyk is pleased to announce that Yi Jing Teo has joined the Firm as a Partner in the Corporate practice group.
Dentons welcomes James O’Sullivan and Rick Skeith as partners in our Calgary office
Dentons is pleased to announce that James O’Sullivan and Rick Skeith have joined the Firm in our Calgary office as partners in our Corporate group.
The Oil and Gas Industry's Game-Changing Technique is Its Biggest Hurdle
By the end of this decade, the United States will surpass Saudi Arabia as the world's largest oil producer, and will be nearly energy independent by 2035. This was the astonishing prediction made by the International Energy Agency in its latest World Energy Outlook report. The forecast is all the more surprising when one recalls that just a decade ago, the U.S. was thought to be running out of domestic natural gas and oil and was looking at becoming a long-term net importer. What a difference a decade makes!
The technology primarily responsible for launching the U.S. into the number one spot—a place it has not occupied, at least with respect to oil, since the 1970s—is a combination of horizontal drilling and hydraulic fracturing. Neither technique is new. The first horizontal well was drilled in the 1920s, and hydraulic fracturing has been in regular use since the 1940s. However, only recently has the combination of these techniques, along with other advances, developed to an extent that it is now economically viable to unlock gas and oil resources from the vast shale lying under large regions of the country—leading to one of the greatest energy booms this country has experienced.
Although generally hailed as positive news in terms of overall domestic energy security, lower energy costs, job creation, regional and national economic development, and so forth, the rapid rise of the drilling industry has also raised significant environmental, health, and safety concerns. Hydraulic fracturing may be the key to long-term, lower-carbon energy sustainability, but it is also an extractive industry heavily dependent on water and associated with spills, chemical constituents, air emissions, and potentially toxic wastes.
Until recently, regulation of drilling activity, including hydraulic fracturing, has been nearly exclusively a state matter, and even now, states are continuing to adopt stronger, more comprehensive regulatory programs to address the issues raised by the growth in drilling. The federal scheme, by contrast, has been slower to develop and generally has not targeted hydraulic fracturing specifically, although recently there has been some movement to change this as well.
As these developments have evolved, the term "fracking" has become one of common usage across the country, although the precise meaning will vary according to the context and from one speaker to another. To date, the public conversation about shale gas has not been led by either the natural gas industry or by science. Industry for the most part has been confined to a defensive role while the dialogue has largely been shaped by popular media and politics. This intense spotlight on the industry has drawn attention to the need for more transparency among industry participants and regulators, but it also has resulted in widespread dissemination of significant misinformation about industry practices, risks, and regulation.
This article, authored by Dallas Energy partner Jason Schumacher and Washington, DC, Energy senior managing associate Jennifer Morrissey, briefly describes the types of regulatory structures being developed for hydraulic fracturing at the state and federal level in the United States to protect public health, safety, and the environment. It also describes the current public dialogue that is driving many of the changes being proposed or made. Finally, we suggest what may lay ahead for the industry in the future.
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