Legislation

Investment , Legislation , Health, Safety & Environment , Emissions , Enhanced Oil Recovery

Carbon Capture Advocates Still Waiting For Way Forward

The IRS and U.S. Treasury Dept. have not yet issued final rules on exactly how to implement these credits, causing proponents of carbon capture, use and storage technology a great deal of frustration.

February 24, 2020

Crude Oil , Trade , Legislation

OPEC Says Coronavirus To Trim 2020 Oil Demand

The report could bolster the case for even more supply curbs by OPEC, which is considering whether to curb output further to offset slower demand.

February 13, 2020

Crude Oil , Trade , Legislation

Trump’s Budget Proposes Sale From Emergency Oil Reserve

Budget documents said a sale from the Strategic Petroleum Reserve would help raise funds for priorities including $242 million needed to fix a Naval Petroleum Reserve site in California.

February 11, 2020

Exploration & Production , Legislation

Virginia Lawmakers Vote To Block Offshore Oil Drilling

The offshore drilling plan was part of a broader effort by the Trump administration to maximize domestic energy production, but has drawn vehement opposition from nearly every coastal state.

February 5, 2020

Exploration & Production , Legislation , Health, Safety & Environment

California Sues Trump Administration Over Drilling Plan

The lawsuit alleges the U.S. Bureau of Land Management failed to adequately consider the adverse effects oil and gas drilling would have on the people and environment in eight Central California counties.

January 17, 2020

Exploration & Production , Legislation , Shale Plays

Texas RRC Sets Drilling Permit Record For Second Consecutive Year

For two years in a row since 2018, Texas RRC staff has taken two days on average to process standard drilling permits, one day below the legislative requirement, a release from the state agency said.

January 14, 2020

Legislation , Infrastructure , Health, Safety & Environment , Pipelines

Trump Proposal Would Speed Big Energy Projects

The regulatory changes to NEPA would streamline the federal permitting approval process for major projects but critics lambast the retreat from climate change requirements.

January 9, 2020

Exploration & Production , Legislation , Emissions , Shale Plays

US Oil Industry Warns Of Economic Fallout From Democratic Drilling Ban

The CEO of the American Petroleum Institute said such proposals from Democratic presidential candidates seeking to ban fracking pose a threat to the economy.

January 7, 2020

Exploration & Production , Legislation , Health, Safety & Environment , Shale Plays

Anti-fracking Group Proposes Limited Colorado Oil And Gas Drilling

The initiatives include a steep increase in the insurance that oil companies in Colorado are required to carry to cover abandoned wells and would widen the separation between new wells and public areas.

January 7, 2020

Unconventional , Legislation , Health, Safety & Environment , Shale Plays

Harold Hamm Asks Senator Warren To Visit Oklahoma Oil Patch

Harold Hamm's letter to Elizabeth Warren said technological innovations like fracking have made Oklahoma the third-largest oil-producing state and made the U.S. “an energy and economic superpower.”

December 20, 2019