Among the many different categories of law being practiced today, it is the legal sector dealing with energy law that has seen the most recent growth. Representing oil, gas and mining industries that produce energy products, there has ever increasing work lately as energy companies harvest natural substances, find more environmentally friendly sources of energy and continue to expand services being provided. In particular, there has been rapid growth, sales and investment in the field of energy development, creating a high demand for law firms in College Station TX with experience in the energy industry.
Energy Law â€“ An Explanation
There are two divisions within the category of energy law: the projects themselves and the financial, transactional, and regulatory needs as a result of such projects according to law firms in College Station Texas.
- Project Law â€“ This involves the physical projects in which energy companies are involved, such as:Â building new pipelines; constructing new refineries, petrochemical plants, and power plants; or expanding existing ones. It also covers the development and testing of new energy sources. Project law in the energy industry generally deals with project developers and sponsors, financing, supply contractors, and purchasers of the final product. Most of the work involves financing, contracting, and negotiating with sponsors, both domestic and international, that are behind the building of more facilities to both develop and create newer, better energy.
- Transactional Law – This segment within the energy law category is almost exclusively financial in nature; it deals with the: financiers and investors providing the money for the development and construction of multiple investor buildings; legal permissions for development and building; venture capital; buying and selling of power plants; and the different types of transactions that are used as a result. Transaction lawyers also work with businesses that harvest natural resources, facilities that process such resources, and the businesses that purchase and resell the products made with such resources.
Energy Law and the Environment
Based on the number of areas mentioned above, energy law as a whole deals with an incredible amount of business, development, and financial agreements as there is constant growth, change, buying, and selling in the industry. Abiding by all necessary building, zoning, business, and banking laws requires the skills of experiencedÂ law firms in College StationÂ who understand how the industry works.
Such work also includes keeping up with changes in the laws regarding environmental protection, the creation of cleaner and renewable power, and preventing incidents that can damage the environment. In this vein, there are new rules and regulations being made all the time as well as new financial incentives for the development of greener, cleaner alternative energy sources.
If it seems like energy law is a very involved and complex sector of the legal system in this country – that is definitely a good observation. The important and tireless job of keeping energy companies on the right side of the law while still achieving business and financial goals is one best left to law firms in College Station TX that have extensive experience in the field of emerging energy law!
Choose Hoelscher, Lipsey, Elmore and Poole As Your Law Firm in College Station!
Are you looking at law firms in College Station Texas? Call Hoelscher, Lipsey, Elmore and Poole at (979) 846-4726 to find the legal assistance that you need!