Legislation , Energy Transition

EU Passes First Chunk of Green Investment Rules, Contentious Sectors Still to Come

"This will help channel sustainable finance towards projects and businesses to help reach our climate targets," EU financial services chief Mairead McGuinness said.

December 9, 2021

Liquefied Natural Gas (LNG) , Legislation , Midstream

Friends of the Earth Sues Britain over Mozambique LNG Project

Friends of the Earth said in a statement that the project was incorrectly judged to be compatible with the Paris climate agreement, without proper assessment of its climate impacts.

December 7, 2021

Natural Gas , Legislation , Emissions

EQT CEO Says Concern Over LNG Misguided, Calls for a Ramped US LNG Program

In response to a letter from Senator Warren, shale gas giant EQT outlined emissions reduction potential of an accelerated replacement of foreign coal usage with natural gas for baseload power.

December 7, 2021

Investment , Legislation , International , Energy Transition

Oil CEOs Clash with U.S. Energy Dept Official over Energy Transition

Executives from Saudi Aramco, Exxon Mobil and Chevron blamed demand for renewables and lack of investment in fossil fuels for recent fuel shortages and price volatility.

December 7, 2021

Natural Gas , Crude Oil , Legislation , Shale Plays

Energy Policy Watch: Ohio Congressman Discusses Biden’s ‘All-out Assault on Fossil Fuels’

Ohio Congressman Bill Johnson gives his take on how President Biden’s infrastructure and spending bills will affect the oil and gas industry plus the role natural gas produced in the U.S. has in addressing climate change.

December 2, 2021

Exploration & Production , Legislation , Lease Sales

US Offshore Oil Auction Begins Under Court Order, Shadow of Climate Deal

Interior's Bureau of Ocean Energy Management will auction almost all available unleased Gulf of Mexico blocks, 80 million acres, at a live-streamed event on Nov. 17.

November 17, 2021

Legislation , Infrastructure , Emissions , Energy Transition

Carbonic Convergence? Analyst Details Profit Potential in Carbon Capture

As the price of carbon rises and the cost of CCS falls, there could be money to be made in keeping CO2 out of the atmosphere.

November 17, 2021

Crude Oil , Legislation

What Is The Emergency Oil Stash Biden May Tap To Counter Inflation?

The reserve currently holds about 606 million barrels (MMbbl) in dozens of caverns in four heavily guarded locations on the Louisiana and Texas coasts.

November 16, 2021

Public Capital , Crude Oil , Legislation , Energy Transition , Shale Plays

Opinion: Biden’s Green Agenda Not Responsible for Gasoline Price Surge

It is Wall Street, not Washington, that has put the clamps on growth in America’s oil patch, argues the Financial Times’ Houston correspondent.

November 16, 2021

Crude Oil , Legislation , Infrastructure

Oil Approaches $84 as Lifting of US Travel Ban Boosts Demand

The price of Brent has risen over 60% this year and hit $86.70, a three-year high, on Oct. 25, supported by supply restraint by OPEC+ and recovering demand.

November 9, 2021