Worldwide: Oil, Gas & Electricity

Steptoe partners Zachary Song and Robert Reyes Landicho, and associate Joshua Perkins authored an article titled "Managing EPC Contracting Risk in Nuclear Projects," which appeared in Nuclear Engineering International.

The Department of Energy's Energy Dominance Financing Office operates fundamentally differently from traditional federal grant programs, yet many companies continue to misunderstand its commercial lending approach and sophisticated project finance requirements. This analysis examines ten persistent misconceptions about EDF financing—from eligibility criteria and technology readiness to risk allocation and approval timelines—that prevent companies from effectively accessing this critical tool for

The Department of Interior has issued a sweeping reorganization order that fundamentally restructures how the federal government oversees offshore energy operations. By merging two major regulatory bureaus into a single entity, this administrative action aims to streamline oversight while maintaining safety and environmental standards. The transition will unfold in phases over the coming months, with implications for permitting, inspections, and enforcement across the outer continental shelf.

New Jersey has enacted the Power NJ Act, establishing a state-led competitive procurement framework to develop at least 1,100 megawatts of new nuclear generation capacity. The legislation requires the New Jersey Board of Public Utilities to issue a request for expressions of interest by January 2027, with final project approvals expected by July 2028, while implementing strict ratepayer protections and requiring federal financing for approved projects.

When a large portion of the world's oil supply comes to a halt overnight, what legal and institutional tools does the international community have to respond? The Hormuz crisis provided a recent case study and raised questions of how international arbitration can respond to and evolve to address such situations, particularly regarding force majeure claims, breach of contract disputes, and pricing disagreements in the energy sector.

As the industry continues to navigate the complexities of operational safety, Matt breaks down the mechanics of well blowouts, explaining how these incidents occur...

PJM Interconnection faces unprecedented challenges as surging data center demand threatens to outpace new generation capacity, creating a reliability gap that could spike consumer costs across 13 states and the District of Columbia. The regional transmission organization and its stakeholders are racing against the clock to implement a Reliability Backstop Procurement and Connect and Manage framework before the critical December 2026 capacity auction. With the White House, bipartisan governors, and FERC all

The rapid growth of data centers, advanced manufacturing and other energy-intensive industries is reshaping electricity demand across the United States.

The Federal Energy Regulatory Commission's (FERC) recent action on large load interconnections signals a shift in how it addresses transmission access and cost allocation for growing demand, particularly from data centers.