Legislation

Legislation , Trucks

Exxon Challenges California County's Denial of Oil Trucking Permit

Exxon asserts that the board's action effectively prevents the company from restarting three offshore drilling platforms and refinery operations shut down.

May 16, 2022

Legislation , Emissions

Canada in Talks With Heavy Emitters to Cement Future Carbon Price Hikes

Some sands producers say lack of pricing certainty has held them back from making significant investments in emission reduction projects like carbon capture and storage.

May 13, 2022

Exploration & Production , Legislation , Lease Sales

US Scraps Three Offshore Oil and Gas Drilling Auctions

The three sales were the last to be held under a 5-year plan for leasing in federal waters on the outer continental shelf. That plan expires in June, and the Biden administration has not finalized a new program.

May 12, 2022

Legislation , Infrastructure , Midstream

Alberta Court Rules Canada’s Environmental Impact Law Unconstitutional

The Alberta Court of Appeal said the Impact Assessment Act (IAA), which assesses how major infrastructure projects in Canada like pipelines impact the environment, was a “classic example of legislative creep.”

May 11, 2022

Investment , Liquefied Natural Gas (LNG) , Natural Gas , Trade , Legislation , International , Tankers , Pipelines

War’s Scrambling of Gas Markets May Prompt Investors to Return to Energy

Europe’s rejection of Russian natural gas could translate into a boom in infrastructure to meet demand.

May 10, 2022

Legislation

US Senate Committee Passes Antitrust Bill Pressuring OPEC

If the bill passes the full Senate and House, the U.S. attorney general would gain the ability to sue OPEC or its members in federal court.

May 5, 2022

Legislation , Energy Transition

White House: US to Spend More than $3 Billion on EV Battery Manufacturing

President Joe Biden wants half of vehicles sold in the U.S. to be electric by 2030.

May 4, 2022

Legislation

Texas Oil Regulator Takes Key Step Toward Oversight of Carbon Storage Permits

“We hope our program will be able to streamline the process and allow for the timely issue of Class VI permits,” Leslie Savage, Texas RRC’s chief geologist, said in a statement referring to carbon capture and storage wells.

May 4, 2022

Business , Markets , Legislation

US Oil Trade Group Opposes Bill Allowing Lawsuits against OPEC

The NOPEC legislation could create unintended negative consequences for the U.S. oil and natural gas industry, while likely having limited impact on the market concerns that drive the bill, the API said in a letter seen by Reuters.

May 2, 2022

Legislation

US Senate Panel Expected to Vote on Bill Allowing Lawsuits Against OPEC

The NOPEC bill gives the option to the U.S. Attorney General to sue oil-producing countries, such as those in the Organization of the Petroleum Exporting Countries, under anti-trust laws.

April 29, 2022