Legislation
Investment , Legislation , Health, Safety & Environment , Emissions , Enhanced Oil Recovery
Carbon Capture Advocates Still Waiting For Way Forward
The IRS and U.S. Treasury Dept. have not yet issued final rules on exactly how to implement these credits, causing proponents of carbon capture, use and storage technology a great deal of frustration.
Crude Oil , Trade , Legislation
OPEC Says Coronavirus To Trim 2020 Oil Demand
The report could bolster the case for even more supply curbs by OPEC, which is considering whether to curb output further to offset slower demand.
Crude Oil , Trade , Legislation
Trump’s Budget Proposes Sale From Emergency Oil Reserve
Budget documents said a sale from the Strategic Petroleum Reserve would help raise funds for priorities including $242 million needed to fix a Naval Petroleum Reserve site in California.
Exploration & Production , Legislation
Virginia Lawmakers Vote To Block Offshore Oil Drilling
The offshore drilling plan was part of a broader effort by the Trump administration to maximize domestic energy production, but has drawn vehement opposition from nearly every coastal state.
Exploration & Production , Legislation , Health, Safety & Environment
California Sues Trump Administration Over Drilling Plan
The lawsuit alleges the U.S. Bureau of Land Management failed to adequately consider the adverse effects oil and gas drilling would have on the people and environment in eight Central California counties.
Exploration & Production , Legislation , Shale Plays
Texas RRC Sets Drilling Permit Record For Second Consecutive Year
For two years in a row since 2018, Texas RRC staff has taken two days on average to process standard drilling permits, one day below the legislative requirement, a release from the state agency said.
Legislation , Infrastructure , Health, Safety & Environment , Pipelines
Trump Proposal Would Speed Big Energy Projects
The regulatory changes to NEPA would streamline the federal permitting approval process for major projects but critics lambast the retreat from climate change requirements.
Exploration & Production , Legislation , Emissions , Shale Plays
US Oil Industry Warns Of Economic Fallout From Democratic Drilling Ban
The CEO of the American Petroleum Institute said such proposals from Democratic presidential candidates seeking to ban fracking pose a threat to the economy.
Exploration & Production , Legislation , Health, Safety & Environment , Shale Plays
Anti-fracking Group Proposes Limited Colorado Oil And Gas Drilling
The initiatives include a steep increase in the insurance that oil companies in Colorado are required to carry to cover abandoned wells and would widen the separation between new wells and public areas.
Unconventional , Legislation , Health, Safety & Environment , Shale Plays
Harold Hamm Asks Senator Warren To Visit Oklahoma Oil Patch
Harold Hamm's letter to Elizabeth Warren said technological innovations like fracking have made Oklahoma the third-largest oil-producing state and made the U.S. “an energy and economic superpower.”