The Latest

Emissions

Chamber Shifts Position, Backs Emissions Laws

Group supports a market-based approach to accelerate reductions in greenhouse gases.

January 20, 2021

Infrastructure

FERC Delivers Blow to Jordan Cove LNG Terminal

Oregon’s denial of a clean water permit is upheld by the commission.

January 20, 2021

Legislation

Biden Set to Rejoin Paris Climate Accord, Impose Curbs on US Oil Industry

The announcements will also include a sweeping order to review all of Trump's actions weakening climate change protections, the revocation of a vital permit for the Keystone XL and a moratorium on leasing activities in the Alaska National Wildlife Refuge, Biden aids say.

January 20, 2021

Public Capital

Occidental Petroleum Claims Green Push ‘Does More Than Tesla’

Occidental Petroleum pumps more CO₂ into the ground than carmaker Tesla prevents being emitted on roads, CEO Vicki Hollub says.

January 20, 2021

Exploration & Production

Trump Administration Issues Last-minute Drilling Leases in Arctic Refuge

Formal issuance of the leases in Alaska's Arctic National Wildlife Refuge came a day before the inauguration of Democratic President-elect Joe Biden, who has pledged to ban new oil and gas leasing on federal lands.

January 19, 2021

Crude Oil

OPEC ‘Cautiously Optimistic’ Oil Market Will Recover in 2021

Oil prices have rallied to an 11-month high this month, helped by a Jan. 5 decision by most members of OPEC+ to hold production steady in February and a pledge by Saudi Arabia to voluntarily cut output.

January 19, 2021

Infrastructure

Oil and Gas Industry Stung by Biden’s Expected Blow Against KXL

Analysts wonder if the timing portends trouble for infrastructure projects by the oil and gas industry with the new administration.

January 19, 2021

Crude Oil

IEA Cuts Oil Demand Outlook Due to COVID-19 Resurgence

The emergence of new strains of the virus, renewed lockdowns in China and logistical hurdles facing vaccine roll-outs contributed to the gloomier oil demand outlook by the IEA.

January 19, 2021

Exploration & Production

E&P Plus Digital Solutions: AI-powered Gas Leak Detection Technology Improves Workplace Safety

The new AI module provides pattern-finding automation for gas leak detection.

January 19, 2021

Exploration & Production

Report: Methane Emissions from Oil, Gas Production Fell 10% in 2020

In 2020, oil and gas operations emitted over 70 million tonnes of methane, or around 10% less than in 2019, the IEA says.

January 19, 2021