Legislation
Markets , Legislation , Energy Transition
Washington State Plans Ban on Sale of Gas-powered Cars by 2030
The move by Washington state to stop sales of gas-powered cars comes as efforts to boost adoption of electric vehicles are accelerating over concerns about fossil fuels’ contribution to climate change.
Investment , Exploration & Production , Legislation
Joe Biden’s Clean-up Plan for Orphaned Oil Wells Slammed
Critics accuse the $16 billion provision in Biden’s proposed infrastructure package to plug abandoned oil wells across the U.S. of being a bailout for the oil and gas industry.
Legislation , International
Mexico’s Lower House Approves Contentious Oil Legislation
The initiative is part of President Andres Manuel Lopez Obrador’s efforts to strengthen state influence over the energy market at the expense of private capital.
Exploration & Production , Legislation
Bipartisan Senate Bill Would Direct Billions to Plugging Wells
Amount is nearly the level in President Biden’s infrastructure plan.
Business , Legislation
Energy Policy Watch: Texas Railroad Commissioner Remembers Call for Prorations, Winter Storm
Hart Energy and Cornerstone have teamed up to bring you Energy Policy Watch. In this first installment, host Jack Belcher talks to Texas Railroad Commissioner Christi Craddick about the Railroad Commission’s actions in unprecedented times and lays out a vision for meeting oil and gas policy challenges of the future.
Policy & Regulations , Legislation , Infrastructure
Manchin, Flexing Political Muscle, Leaves Senate Democrats in Lurch
West Virginia senator walks a political tightrope with infrastructure bill’s push against fossil fuels.
Investment , Legislation , Emissions , Shale Plays
CEO of US Shale Giant Pushes to Incentivize Carbon Capture
Instead of a carbon tax, Vicki Hollub, CEO of U.S. shale producer Occidental Petroleum, says she prefers the use of tax credits incentivizing the development of carbon capture projects.
Investment , Exploration & Production , Legislation , Health, Safety & Environment
US House Bill Seeks $8 Billion for Abandoned Oil and Gas Well Cleanup
The bill authorizing $8 billion to plug and clean up abandoned oil wells nationwide is sponsored by Representative Teresa Leger Fernandez, whose home state of New Mexico is a major oil and gas producer.
Business , Exploration & Production , Legislation , Energy Transition
Biden Tax Plan Swaps Fossil Fuel Subsidies with Clean Energy Incentives
Unwinding tax breaks on fossil fuel companies could face opposition from Biden's fellow Democrats in the U.S. Congress from energy-producing states.
Business , Legislation , Emissions , Shale Plays
Occidental Petroleum Opposes Carbon Tax, Says CEO Vicki Hollub
“A carbon tax would be bad for a lot of the industry, a carbon tax would be bad for the consumers and especially for those consumers who are more disadvantaged from an economic standpoint,” says Occidental Petroleum CEO Vicki Hollub.