The U.S. government is considering changes to policies for oil companies operating in the offshore Gulf of Mexico that might allow existing platforms to lengthen extensions to remote wells.
"We will take a look at that," Trump told Fox News in a telephone interview when asked about a Wall Street Journal article reporting on plans to approve an oil leasing program for ANWR in Alaska.
As the November election draws closer, Babst Calland’s Kevin Garber and Jean Mosites analyze the stance of major party candidates on key environmental issues and what the oil and gas industry can anticipate, depending on the victors.
Mexico's president Andres Manuel Lopez Obrador has given officials until late September to craft a plan to reassert state control over the energy industry, according to three people familiar with the matter.
Trump on Aug. 4 signed into law a rare bipartisan bill that will use royalties from offshore oil and gas drilling operations to fund long-overdue maintenance of public lands, national parks and Native American schools.
Last year, New Mexico passed a law called the Produced Water Act, giving energy regulators the authority to develop rules on how the wastewater can be used outside the oil and gas industry.
API suggested Biden's plan could harm the U.S. oil and gas industry, forcing the country to look to foreign sources of energy with lower environmental standards.
Canadian pipeline operator Enbridge Inc. has to halt Line 5 operations and disclose information related to the recent damage caused to a part of the oil pipeline, a Michigan circuit court judge ordered on June 25.
The drive marks the third try in four years to tighten oil and gas drilling regulations in Colorado, which is the fifth largest oil-producing U.S. state.
Ian Telfer, who in 2014 founded Canadian-based Renaissance Oil, noted that earlier this week the company announced it would begin to diversify away from Mexico's energy sector.