Presented by:
Subscribe to receive notifications about new Energy Policy Watch episodes.
The oil and gas industry is facing many challenges on the public policy front, including the Biden administration’s push to transform the U.S. power sector into an engine of clean energy growth.
However, it will be the oilfield services (OFS) sector that plays a critical role in this energy transition, according to Leslie Beyer, CEO of the Energy Workforce & Technology Council, as renewables are missing key technologies needed for an immediate shift.
“You don’t just throw everything out and start over. ... We need to be able to make oil and gas cleaner and be able to rely on oil and gas for decades,” Beyer said during the latest episode of Energy Policy Watch.
Head of the largest national trade association serving the energy services sector that represents over 600,000 employees in the energy workforce, Beyer also added: “We need a seat at the table because we make oil and gas cleaner.”
Beyer recently joined Cornerstone’s Jack Belcher for a discussion on current policy issues facing the OFS sector plus opportunities emerging from the energy transition. She also explains the importance of ESG and how it has become a fundamental part of the business.
Topics:
- Energy Workforce’s mission (1:10)
- Biden administration (6:05)
- Tax proposals, drilling moratorium (9:40)
- Critical minerals (13:20)
- Trade policy (14:45)
- Energy transition (17:00)
- ESG opportunities (19:45)
- On the horizon for members (24:05)
Energy Policy Watch is a partnership between Hart Energy and Cornerstone to bring regular video updates on legislative and regulatory actions affecting the energy industry. Guests range from key representatives or congressional staff to relevant cabinet-level officials and executive branch personnel. View More Energy Policy Watch Episodes Here.
Recommended Reading
BP Restructures, Reduces Executive Team to 10
2024-04-18 - BP said the organizational changes will reduce duplication and reporting line complexity.
Matador Resources Announces Quarterly Cash Dividend
2024-04-18 - Matador Resources’ dividend is payable on June 7 to shareholders of record by May 17.
EQT Declares Quarterly Dividend
2024-04-18 - EQT Corp.’s dividend is payable June 1 to shareholders of record by May 8.
Daniel Berenbaum Joins Bloom Energy as CFO
2024-04-17 - Berenbaum succeeds CFO Greg Cameron, who is staying with Bloom until mid-May to facilitate the transition.
Equinor Releases Overview of Share Buyback Program
2024-04-17 - Equinor said the maximum shares to be repurchased is 16.8 million, of which up to 7.4 million shares can be acquired until May 15 and up to 9.4 million shares until Jan. 15, 2025 — the program’s end date.