Legislation

Investment , Legislation , Infrastructure , Tankers , Construction

Despite Short-term Pain, Oil and Gas Leaders Stress Infrastructure Gain

Executives and politicians discuss ways to position the industry for the coming rebound.

May 14, 2020

Business , Legislation

How the US Could Use Taxpayer Dollars to Save Oil and Energy Companies

About half of the top 60 independents could face bankruptcy this year.

April 27, 2020

Legislation , Storage

Lawmakers Introduce Bill to Fund Oil Purchase for Emergency Reserve

$3 billion measure would replace purchase struck from the stimulus bill.

April 8, 2020

Investment , Legislation , Shale Plays

Oil Price Plunge, Coronavirus Spur Tax Relief for Wyoming Producers

Wyoming governor recently signed a bill to help oil and gas producers reduce severance and conservation taxes.

April 7, 2020

Crude Oil , Trade , Legislation

Oil Analysts Skeptical about Saudi-Russian ‘Deal’

Trump said April 2 he had brokered a deal between Russia and Saudia Arabia, but made no offer to reduce U.S. output, and benchmark Brent oil futures surged 21% in a record one-day rise. Here are analysts’ views on the deal.

April 3, 2020

Crude Oil , Trade , Legislation , Storage

Small, Midsize Oil Producers Left Out of Stimulus Bill

The U.S. Department of Energy has withdrawn a solicitation to purchase oil for the Strategic Petroleum Reserve citing a lack of certainty around funding.

March 26, 2020

Exploration & Production , Legislation

US Lawmakers Ask Interior To Cut Offshore Oil Royalty Rates Due To Market Slump

The economic fallout of the outbreak combined with a price war between major oil producer nations Saudi Arabia and Russia has triggered a slump in crude oil prices that threatens the once booming U.S. drilling industry.

March 20, 2020

Crude Oil , Trade , Legislation

Iraq Oil Minister Urges OPEC, Non-OPEC Emergency Meeting

In a letter seen by Reuters, Iraq's oil minister asked OPEC Secretary-General Mohammad Barkindo to help "urgently achieve" extraordinary meetings of the OPEC+ group.

March 18, 2020

Legislation , Emissions , Digital Oilfield

R&D Tax Credit: An Overlooked Incentive To Fund Oil, Gas Innovation

The credit can be a significant source of cash and key to funding expensive innovation projects.

March 16, 2020

Legislation , Shale Plays

Report: Democratic Candidates’ Fracking Ban Would Cost US Economy $7 Trillion

The report from the American Petroleum Institute (API) underscores mounting concern in the U.S. oil and gas industry over the possibility a  Democratic candidate will rapidly end the fossil fuel economy.

February 28, 2020