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Exxon Files Lawsuit Against Investors' Climate Proposal
Exxon Mobil Corp. filed a complaint in a Texas court to prevent a climate proposal by activist investors from going to a vote with its shareholders.
BOEM Finalizes Revisions to OCS Bid Adequacy Process
Among the key revisions, BOEM has implemented a lower bound confidence interval approach to asses bid adequacy.
Three Norwegian Oil, Gas Field Permits Invalidated on Environmental Grounds
Output at Breidablikk can continue until the end of 2024, but the developments of the two other offshore fields must be halted, in a win for environmentalist groups.
A Year of Probable Improvement: The Energy Transition in 2024
The year ahead could include more technology stacking, commercialization of geothermal technologies and improved economic conditions, analysts say.
Canada's Long-delayed Trans Mountain Pipeline Plans Line Fill for March or May
Trans Mountain is awaiting a regulatory decision on its request for a construction change.
Louisiana ‘Ready to Roll’ After EPA Grants Authority Over CCS Wells
Louisiana’s Office of Conservation is “staffed up and ready” after the EPA granted the state oversight of carbon sequestration wells.
Equitrans Cuts Back MVP-Southgate Extension After Regulatory Delays
Equitrans' Mountain Valley Pipeline Southgate project will follow a new path that would reduce its environmental impact for the Appalachian region—and result in fewer clashes with opponents.
Senator: EPA Grants Louisiana Class VI Primacy Over Carbon Storage Wells
The EPA’s decision gives the state the authority to permit, site and provide oversight of carbon storage wells in the state.
Delayed GoM Oil, Gas Lease Sale Fetches $382MM in Winning Bids
After wrangling in Congress, court battles and three reschedules, Lease Sale 261’s results were announced in what appears to be the most expensive lease sale in nearly a decade.
Nations Strike Deal at COP28 to Transition Away From Fossil Fuels
After two weeks of negotiations at the COP28 climate summit, nearly 200 countries have reached an agreement to begin reducing global consumption of fossil fuels.