US Reconciliation Energy Bill Slowed by Flurry of Republican Amendments

Democrats on the panel have proposed $31 billion of measures to be included in a $3.5 trillion budget “reconciliation” package, which contains several items hotly opposed by many Republicans such as repealing the oil leasing program in Alaska’s Arctic National Wildlife Refuge.

September 3, 2021

Business , Exploration & Production , Legislation , International

Norway Proposes Overhaul of Oil and Gas Tax Rules

Norway is western Europe’s largest oil and gas producer and companies operating on the Norwegian continental shelf include Equinor, Shell, TotalEnergies, ConocoPhillips, as well as Aker BP and Lundin Energy.

September 1, 2021

Exploration & Production , Legislation

US House Democrat Proposes Repeal of Arctic Refuge Oil Lease

The office of House Natural Resources Chairman Raul Grijalva released legislation that repeals the Arctic National Wildlife Refuge (ANWR) oil and gas program.

September 1, 2021

Legislation , Emissions

Schumer Claims Infrastructure Bills Edge US Close to Climate Goals

Schumer said in a letter to fellow lawmakers that climate measures in the $1 trillion bipartisan infrastructure bill and a $3.5 trillion bill 24 will achieve emissions reductions of about 45% by 2030.

August 26, 2021

Business , Legislation , Emissions

White House Withholds Support of Democratic Carbon Border Tax

The White House is concerned the Democrats’ proposal will raise prices on a host of consumer goods and conflict with Biden’s pledge not to tax any American earning less than $400,000 per year, sources say.

August 23, 2021

Natural Gas , Legislation , Energy Transition

Natural Gas Bans Could Cost Americans Trillions: Report

Institute for Energy Research sounded the alarm on a quiet, but pernicious effort to ban the use of natural gas in homes and small businesses. 

August 20, 2021

Legislation , Emissions

Biden Administration Appeals Federal Court Decision to Block Oil, Gas Leasing Pause

The appeal is "important and necessary" because oil and gas leasing programs are responsible for "significant greenhouse gas emissions," the Interior Department said in a statement.

August 17, 2021

Public Capital , Legislation

Oil Groups Step Up Lobbying of SEC on Climate Reporting Rules

The oil and gas industry stiffens resistance to tougher new environmental regime being pushed by the SEC.

August 6, 2021

Legislation , Emissions

US Senate Democrats Target Big Oil for ‘Carbon Polluters’ Fund

An estimated 25 to 30 of the biggest U.S.-based “polluters” would be required to contribute to the fund over 10 years, according to Senator Chris Van Hollen who did not identify individual companies that could be targeted

August 4, 2021

Legislation , International , Infrastructure , Pipelines

US, European Lawmakers Issue Statement Opposing Nord Stream 2

President Joe Biden and German Chancellor Angela Merkel last month reached an agreement that allows the pipeline that will take Russian gas to Germany to proceed.

August 3, 2021