Business , Legislation

Biden Plan to End Fossil Fuel Subsidies Faces Big Challenges

Even if Democrats were a majority in the Senate, legislation is unlikely.

December 1, 2020

Legislation , Pressure Pumping

US Oil Industry Group Pledges to Fight Possible Biden Fracking Limits

If U.S. President-elect Joe Biden tries to restrict development of oil and gas drilling on federal lands, the American Petroleum Institute (API) will use “every tool at its disposal” including legal action, chief executive Mike Sommers said in an interview with Reuters on Nov. 23.

November 24, 2020

Legislation , Drilling

Colorado Regulators Approve Tougher Rules for New Oil, Gas Wells

Colorado’s oil and gas regulator on Nov. 23 approved tougher permitting rules for new oil and gas wells, including requiring a 2,000-ft (610 m) separation between wells and homes or public spaces, from the current 500-foot setback.

November 23, 2020

Legislation , Logistics , Pipelines

iPIPE Selects Orbital Sidekick as Partner for Pipeline Monitoring Project

Orbital Sidekick will provide targeted monitoring in the oil and gas industry to detect and prevent leaks.

November 19, 2020

Field Development , Legislation , Drilling

New US License Gives Chevron until June 3 to Wind Down Venezuela Operations

The U.S. Treasury Department on Nov. 17 issued a new license to Chevron Corp., the last major U.S. oil company still operating in Venezuela, giving it until June 3 to wind down its joint ventures in the OPEC member nation.

November 18, 2020

Exploration & Production , Policy & Regulations , Exports , Methane , Legislation , Infrastructure , Emissions , Renewables , Shale Plays , Pipelines

Expert: Oil and Gas Has Georgia on its Mind

If two Republican senators don’t win their seats in the January runoff, Ethan Bellamy expects oil to be a loser during Joe Biden’s administration.

November 16, 2020

Legislation , International , Infrastructure , Pipelines

Sanctions on Russia’s Nord Stream Gas Pipeline Included in Annual US Defense Bill

The $11 billion Nord Stream 2, led by Russia's state energy company Gazprom, would double its existing pipeline capacity to take gas undersea to Europe via Germany.

November 12, 2020

Crude Oil , Legislation

IEA Sees New European Lockdowns Denting Oil Demand Outlook

Renewed lockdown measures in Europe aimed at containing a rise in COVID-19 cases appear set to push the outlook for global oil demand toward the downside, an official with the International Energy Agency (IEA) said on Nov. 9.

November 9, 2020

Exports , Methane , Legislation , Infrastructure , Health, Safety & Environment , Emissions , Construction , Pipelines

For Oil and Gas, Next 4 Years Are All about Regulations—More Or Less

When it comes to the oil and gas rules and the costs, Trump and Biden take opposite stances, say experts at the North American Gas Forum.

October 22, 2020

Business , Exploration & Production , Natural Gas , Legislation , Shale Plays , Technology

Opinion: How US Fracking Could Be an Unlikely Beneficiary of a ‘Blue Wave’

Optimism for the dry gas sector is bubbling up like methane in a Pennsylvania spring.

October 19, 2020