Joseph
Markman
HartEnergy.com
Biden Climate Adviser: Trump’s Deregulation Efforts Failed
Gina McCarthy, former EPA chief, also dismisses the assumption that Biden’s climate plan must come at the cost of a vibrant energy sector.
DOE’s Granholm Encourages Role for Oil and Gas Industry in Energy Transition
New U.S. Energy Secretary Jennifer Granholm envisions oil and gas companies contributing expertise to develop low-carbon fuel sources as part of the energy transition.
US Climate Envoy Kerry: Resistance to Energy Transition is Futile
John Kerry, Biden’s special envoy on climate, tells the oil and gas sector that he wants to work together on plans to reduce emissions to meet global goals.
Bill Gates Urges Reducing ‘Green Premium’ in Energy Transition
Oil and gas companies can play a role in the energy transition and bring a particular skillset to help reduce carbon emissions, such as sequestering carbon and burying nuclear waste, Bill Gates says.
The Latest
Emissions
Canada Unveils Greenhouse Gas Reduction Credits to Boost Carbon Trading Market
The new Federal GHG Offset System is designed to support a domestic carbon trading market.
March 5, 2021
Exploration & Production
Saudi Oil Minister: ‘Drill, Baby, Drill’ Gone Forever for US Shale
Saudi Arabia’s energy minister, Prince Abdulaziz bin Salman, took aim at U.S. shale producers following the OPEC+ meeting on March 4, saying: “‘Drill, baby, drill’ is gone forever.”
March 5, 2021
International
Canada Looking at All Options to Keep Line 5 Pipeline Operating
Deadline for shutdown order from the state of Michigan is approaching.
March 5, 2021
Crude Oil
Trafigura: US Hub Can Help Brent Crude Reform
Plan would allow Platts to include US crude in its benchmark.
March 5, 2021
Exploration & Production
Neptune Energy, EDF Partner to Pilot Novel Method to Measure Offshore Methane Emissions
Plans are to deploy drone, aircraft and methane sensing technologies on the Neptune-operated Cygnus platform in the UK Southern North Sea.
March 5, 2021
Crude Oil
Oil Prices Soar to Near 14-month High as OPEC+ Extends Output Cuts
Both Brent and WTI contracts surged more than 4% on March 5 after OPEC and allies, together called OPEC+, extended oil output cuts into April, granting small exemptions to Russia and Kazakhstan.
March 5, 2021
Business
TIPRO Says Texans for Natural Gas to Join Trade Group’s Education, Advocacy Platform
The integration of Texans for Natural Gas (TNG) into TIPRO’s education and advocacy platform will create the most comprehensive statewide oil and natural gas campaign in Texas, the trade association said.
March 4, 2021
Health, Safety & Environment
Biden Climate Adviser: Trump’s Deregulation Efforts Failed
Gina McCarthy, former EPA chief, also dismisses the assumption that Biden’s climate plan must come at the cost of a vibrant energy sector.
March 4, 2021
Exploration & Production
Shale Leaders See US Reverting to Net Importer of Crude
The heads of U.S. shale giants ConocoPhillips and Pioneer Natural Resources addressed policy changes made by the Biden administration, including a possibly fracking ban, and their effect on the oil sector’s recovery.
March 4, 2021
Exploration & Production
Oil Production in Permian Basin Could Fall Due to Biden’s Policies: Dallas Fed Report
The Dallas Fed report also cautioned that oil refineries and chemical facilities on the Gulf Coast would need to adapt to losing barrels from the Permian Basin due to possible policy changes on federal lands made by Biden.
March 4, 2021