Jacob (Jake) Dweck is a leading U.S. energy lawyer and thought leader. For more than four decades, Jake's practice has spanned matters involving oil and gas, LNG, electric power, renewable resources, energy futures and derivatives, fuels regulation, international trade and sanctions, oil spill incident response and climate change. In each area, Jake has counseled the who's who in the energy industry and is recognized for his creative solutions in commercial transactions, regulatory and policy proceedings, dispute resolution and bankruptcy.
Among other awards, Jake has been recognized in 2016 as an “Energy and Environmental Trailblazer” by the National Law Journal for his achievements over the past 20 years in different areas of energy law.
Jake's recent successes include obtaining from the U.S. Department of Commerce the groundbreaking Enterprise classification-the first time the U.S. Government allowed the export of light crude oil-and the criteria for the re-export of Canadian crude oil. He also advocated for the elimination of all U.S. crude oil export restrictions, which were lifted on December 30, 2015.
Jake founded the firm's LNG practice and the widely read LNG Law Blog . He also established and led the firm's robust energy practices in creditors' rights, including the Enron Bankruptcy and its progeny, international trade and customs, and oil spill risk management and incident response.
Jake led Sutherland's Energy Government Enforcement Practice and, throughout his career, has represented clients before the U.S. Commodity Futures Trading Commission (CFTC), the Federal Energy Regulatory Commission (FERC), the Federal Trade Commission (FTC), the U.S. Environmental Protection Agency (EPA), U.S. Customs and Border Protection (CBP), and other agencies. His experience encompasses U.S. trade sanctions and Office of Foreign Assets Control (OFAC) matters, anti-boycott regulations, anti-bribery laws (FCPA), and other laws and regulations affecting international transactions. He also has directed a significant number of internal investigations on behalf of boards, audit committees and management.
Jake also has worked on major energy projects and transactions, including the acquisition and capacity rights in, and the development of, the Cove Point MD LNG regasification terminal; the purchase and sale of derivatives and futures trading books; and transactions involving renewable energy companies.
Jake's experience includes notable energy litigation in the federal courts. He represented the entire farmer cooperatives community in the multibillion-dollar Stripper Well Refund Proceedings and was lead counsel in NYMEX v. New Jersey DEP, the Exchange's successful challenge to New Jersey's decision in 1995 to abandon the oxygenated fuels program. Jake now represents clients in multi-district litigation proceedings involving alleged methyl tertiary butyl ether (MTBE) contamination in various states.
Jake advises energy companies on their implementation of Dodd-Frank Act requirements, including customizing trading compliance programs. A member of the firm's Energy and Commodities Derivatives team, he has led compliance engagements by a number of U.S. energy companies, including integrated concerns, producers, midstream businesses and others.
Jake has contributed to studies by Brookings, the Columbia Center on Global Energy Policy and others; presented at numerous conferences, including CERAWeek, EIA events, UT Gas & Power Institute, Texas Bar, Platts and Argus conferences; and has been quoted frequently in the WSJ, Financial Times, Houston Chronicle, Bloomberg, Reuters and other publications.
Investigated the circumstances surrounding natural gas-related trading losses by an energy services company.
Conducted an internal investigation into shale gas trading losses for an asset management company.
Sutherland represents corporate officer in FERC investigation.
Awards and Rankings
Recognized by the National Law Journal as an “Energy and Environmental Trailblazer” (2016)
Recipient, Burton Award for Legal Achievement for “Liquefied Natural Gas (LNG) Litigation After the Energy Policy Act of 2005,” Energy Law Journal (November 14, 2006) (2007)
Recognized as Groundbreaking Lawyer by Public Utilities Fortnightly for his work serving clients in the LNG industry (November 2009)
(Also at Washington, District of Columbia)