Mayer Brown Represents Chesapeake Energy Corporation in 10-Year Methanol Supply Agreement with Methanex

Friday, February 22, 2013

Mayer Brown, a leading global law firm, announced that it represented Chesapeake Energy Corporation in the negotiation of a 10-year agreement with Methanex, the world’s largest supplier of methanol, to supply 350 billion cubic feet of natural gas required for Methanex’s methanol plant in Louisiana. The structure of the agreement links natural gas prices to the price of methanol, reducing the exposure to natural gas price fluctuations. Natural gas deliveries will coincide with the startup of the plant in 2014.

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Tags:  Mayer Brown LLP | Houston

King & Spalding Expands West Coast Intellectual Property Practice with Addition of Veteran Lawyers Kenneth Steinthal and Joseph Wetzel

Thursday, February 21, 2013

King & Spalding has recruited veteran intellectual property lawyer Kenneth Steinthal as a partner in its San Francisco office. Steinthal joins King & Spalding from Greenberg Traurig, where he served as head of its San Francisco office, and prior to that, as co-head of Weil, Gotshal & Manges’ IP/media practice. Also joining King & Spalding’s San Francisco IP practice, as counsel, is Joseph R. Wetzel, who practiced with Steinthal at Steinthal’s previous two firms.

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Tags:  King & Spalding LLP | San Francisco

T&K Advises MDU Resources on $300M Refinery Joint Venture

Thursday, February 21, 2013

Attorneys with the law firm of Thompson & Knight LLP represented WBI Energy, Inc., a subsidiary of MDU Resources Group, Inc. (NYSE: MDU), in the formation of Dakota Prairie Refining, LLC, a $300 million joint venture with Calumet Specialty Partners, L.P. (NASDAQ: CLMT) that will develop, build, and operate a diesel refinery in southwestern North Dakota. The transaction was announced on Feb. 7, 2013.

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Tags:  Thompson & Knight LLP | Houston