Legislation , Energy Transition , Pipelines

Opinion: The Good, The Bad, The Climate Bill

The Inflation Reduction Act may seem like a setback for the energy industry, but there are good and bad aspects for oil and gas executives to ponder.

August 11, 2022

Legislation , Health, Safety & Environment , ESG

Energy ESG 2.0: The Evolution of a Megatrend

The concept of ESG in the energy sector continues to evolve amid increasing backlash as discussion around energy security takes center stage.

August 10, 2022

Business , Exploration & Production , Legislation

Talos Energy CEO Touts Inflation Bill for Offshore Leases, Carbon Capture

Talos Energy President and CEO Tim Duncan said offshore lease sales, which could be restored by the Inflation Reduction Act, are a key component of the company’s Gulf of Mexico strategy. 

August 10, 2022

Private Equity , Legislation

Key Oil and Gas Funding Mechanism Spared in Landmark ‘Clean Energy’ Bill

Private companies produce some 60% of U.S. supply, making Sinema’s private equity amendment to the Inflation Reduction Act more important to fossil fuel finance than the “green bill” description might suggest.

August 8, 2022

Business , Legislation , Energy Transition

Tide Turns Toward US Gulf of Mexico Wind

Expanding the budding U.S. offshore wind sector has been a key cog in the Biden administration’s clean energy ambitions, which includes deploying 30 GW of offshore wind by 2030.

August 5, 2022

Exploration & Production , Legislation , Transactions

Federal Leasing Costs Hiked Under Democrats’ New Inflation and Climate Bill

Even window shopping for acreage, or submitting an official expression of interest in an area for potential auction by federal land authorities, would carry a $5 per acre cost if the bill is passed.

August 4, 2022

Exploration & Production , Legislation , Energy Transition

US Senate Bill Could Be Death Blow for Biden Anti-drilling Pledge

"Since this administration wants to advance only wind and solar, the bill would force them not to neglect oil and natural gas," the Western Energy Alliance's Kathleen Sgamma said in regards to the U.S. Senate's proposed spending bill.

August 1, 2022

Legislation , Energy Transition

US Senate Democratic Electric Vehicle Tax Credit Plan Faces Questions

Under a deal announced by Senator Chuck Schumer, the 200,000-vehicle per manufacturer cap on the $7,500 electric vehicle (EV) tax credit would be lifted and a new $4,000 used EV tax credit adopted.

July 29, 2022

Legislation , Energy Transition

Biden to ‘Build Back Better’ Bit by Bit

U.S. President Joe Biden has little recourse to get his climate plan back on track, and he responds to apparent Congressional defeat with bluster, wind project plans.

July 21, 2022

Legislation , Energy Transition

US Identifies Areas for Potential Wind Development in Gulf of Mexico

The areas in the Gulf of Mexico are located off the coast of Galveston, Texas, and off the coast Lake Charles, La., the Bureau of Ocean Energy Management says.

July 20, 2022