Legislation , International , Health, Safety & Environment , Emissions

Biden Set to Rejoin Paris Climate Accord, Impose Curbs on US Oil Industry

The announcements will also include a sweeping order to review all of Trump's actions weakening climate change protections, the revocation of a vital permit for the Keystone XL and a moratorium on leasing activities in the Alaska National Wildlife Refuge, Biden aids say.

January 20, 2021

Business , Exploration & Production , Methane , Legislation , Emissions

API Chief Seeks Areas to Work with Biden Administration

In his State of American Energy speech, Mike Sommers also addressed climate change and diversity challenges.

January 13, 2021

Business , Legislation , Health, Safety & Environment , Emissions , Renewables , Shale Plays

US Energy: ‘The More Ambitious Biden Tries to Be, the More Likely He Is to Fail’

Elected on a promise of a $2 trillion green energy plan, U.S. President-elect Joe Biden’s ambitions could be curtailed by political reality.

January 8, 2021

Investment , Policy & Regulations , Trade , Methane , Legislation , Infrastructure , Acquisitions & Divestitures , Mergers , Midstream , Pipelines

Trump’s Late Oil and Gas Regulatory Flurry

In fourth-quarter 2020, the administration ramped up its efforts to put rules into effect before Inauguration Day and avoid a Biden regulatory freeze.

January 5, 2021

Business , Liquefied Natural Gas (LNG) , Natural Gas , Crude Oil , Legislation , Health, Safety & Environment , Emissions

Oil and Gas Outlook 2021: Healing, But Wary

The incoming Biden administration signals an acceleration in the energy transition, while fossil fuel producers count on a COVID-19 vaccine to help demand recover.

December 31, 2020

Legislation , Health, Safety & Environment , Emissions

How Does Canada’s Clean Fuel Standard Policy Work?

Canada published the draft Clean Fuel Standard this month, which is central to the ruling Liberal Party's commitment to cut greenhouse gas emissions 30% below 2005 levels by 2030. Here’s how it will work.

December 30, 2020

Crude Oil , Trade , Legislation , International

Oil Prices Climb on Hopes US Pandemic Stimulus will Spur Fuel Demand

WTI, crude futures in the U.S., settled 38 cents, or 0.8%, higher at $48/bbl on Dec. 29, while Brent crude futures settled up 23 cents, or 0.5%, at $51.09/bbl.

December 29, 2020

Legislation , Health, Safety & Environment , Emissions

US EPA Finalizing First-ever Airplane Emissions Rules

The U.S. Environmental Protection Agency (EPA) on Dec. 28 said it was finalizing the first-ever proposed standards regulating greenhouse-gas emissions from airplanes.

December 28, 2020

Crude Oil , Trade , Legislation , International

Oil Rises to Hit $52 after Trump Signs Coronavirus Aid Package

Oil remains vulnerable to any further setbacks in efforts to control the virus, said Stephen Innes, chief global market strategist at Axi, in a note.

December 28, 2020

Crude Oil , Legislation

Oil Drops on Surprise US Stock Build, Trump Threat to Stimulus Bill

Oil prices dropped on Dec. 23 after an industry report showed an unexpected rise in U.S. crude oil inventories, and as President Donald Trump rattled markets by threatening not to sign a long-awaited U.S. COVID-19 relief bill.

December 23, 2020