Legislation , Energy Transition

Biden Administration Unveils New Funding for Domestic Solar Manufacturing

Reliance on overseas solar production has wreaked havoc on the U.S. solar industry at a time when U.S. President Joe Biden has set an ambitious goal to wean the nation’s power sector off of fossil fuels by 2035. 

July 15, 2022

Earnings , Legislation

UK Lawmakers Approve Windfall Tax on Oil and Gas Producers

The U.K.'s Energy Profits Levy was met with criticism from oil and gas companies, claiming the bill would reduce production and investment opportunities. 

July 12, 2022

Exploration & Production , Legislation

US Considering Range of Options for ConocoPhillips' Willow Drilling Project

The move comes as President Joe Biden has sought to balance his goals of fighting climate change with calls to increase fuel supplies in the face of soaring prices.

July 11, 2022

Trade , Legislation

Op-ed: Is the Jones Act Out of Time?

Historically high prices at the pump, geopolitical concerns and realignment of global energy security interests raise efficacy questions on 102-year-old law, according to partners at the Womble Bond Dickinson law firm.

July 8, 2022

Business , Legislation , International

UK Oil Sector Secures Changes to Windfall Tax, Seeks More amid Government Chaos

Oil and gas companies said the tax would lead to shrinking investment and, ultimately, less domestic production to underpin Britain’s energy security.

July 7, 2022

Exploration & Production , Legislation

Op-ed: America Is in Uncharted Waters Without Final Offshore Leasing Program

NOIA President Erik Milito discusses the need for policies that enable the development of domestic oil and gas supplies, promote the energy transition and strengthen national security, including a timely leasing program.

July 6, 2022

Natural Gas , Legislation

EU Parliament Backs Labeling Gas and Nuclear Investments as Green

The new rules will add gas and nuclear power plants to the EU "taxonomy" rulebook from 2023, enabling investors to label and market investments in them as green.

July 6, 2022

Exploration & Production , Legislation , Lease Sales

Biden Administration Releases Proposed Offshore Leasing Plan

The release of the proposal by the Biden administration is only the second part of a three-step process to finalize “whether or how many” lease sales will be held in the five-year plan.

July 5, 2022

Exploration & Production , Legislation , Shale Plays

Wyoming Energy Authority Takes Production Challenges by the Pronghorns

Organization’s leader, Paul Ulrich of Jonah Energy, describes for DUG attendees the benefits of advocating for the oil and gas industry and devising solutions, rather than grousing about sage grouse regulations.

July 5, 2022

Business , Legislation

US Oilfield Services Trio to Exit Kurdistan Region, Iraqi Ministry Says

"Baker Hughes has been committed to supporting Iraq’s energy needs for decades and we are keen to continue doing so in accordance with local laws and regulations," a Baker Hughes spokesperson said.

July 5, 2022