Regulatory
News
January 21, 2025
With the inauguration of U.S. President Donald Trump on January 20, the future of American involvement in Africa’s energy sector is set for a significant shift. President Trump’s approach to energy has consistently focused on strengthening American interests, particularly by prioritizing domestic energy production.
News
January 21, 2025
(Bloomberg) – U.S. President Donald Trump revoked offshore oil and gas leasing bans that effectively blocked drilling in most U.S. coastal waters as he made sweeping moves his first hours in office to unleash American energy development.
News
January 17, 2025
The American Petroleum Institute today joined with the states of Alabama, Alaska, Georgia, Louisiana and Mississippi in filing a challenge to the Biden administration’s ban on new oil and natural gas leasing across millions of acres of federal waters.
News
January 17, 2025
(Bloomberg) – The Biden administration advanced a plan to limit oil drilling and infrastructure across more of Alaska’s National Petroleum Reserve, a bid to lock in land protections and conservation requirements days before President-elect Donald Trump takes office.
News
January 14, 2025
“American energy was on the ballot, and American energy won,” said API executives on a media call prior to Tuesday’s 2025 State of American Energy event. API leaders shared insights into the industry and where they expect it to head under 2025’s incoming Trump administration.
News
January 09, 2025
Energy NL has made a submission to the Government of Canada Gazette 1 consultation process, requesting that the federal government abandon its proposed 'Oil and Gas Sector Greenhouse Gas Emissions Cap Regulations.'
News
January 09, 2025
Elected officials and trade groups representing businesses across the supply chain are sounding the alarm over the Biden administration’s 11th hour decision to ban new oil and natural gas activity across millions of acres of federal waters.
News
January 08, 2025
(Bloomberg) – Oil companies declined to bid in a U.S. government auction to drill in the Arctic National Wildlife Refuge, as industry interest wanes in a region that’s rich with crude but difficult to develop.
News
January 06, 2025
The American Petroleum Institute (API) has released a statement from President and CEO Mike Sommers on reports the Biden administration will move to ban new oil and natural gas activity across millions of acres of federal waters.
News
January 06, 2025
The National Ocean Industries Association (NOIA) has issued a response to President Biden's planned unilateral ban of new offshore oil and gas activities across vast swaths of America's offshore areas under Section 12(a).
News
January 06, 2025
The U.S. Chamber’s Global Energy Institute issued a statement regarding the Biden Administration’s plans to restrict offshore oil and natural gas drilling, calling on Congress and the incoming administration to reverse the policy.
News
January 05, 2025
The Independent Petroleum Association of America (IPAA) have responded to the announcement of the Biden Administration's plan to remove millions of acres of U.S. oceans from potential oil and gas drilling.
News
January 04, 2025
The American Petroleum Institute (API) has released a statement regarding the U.S. Department of the Treasury’s final regulations for the Section 45V Clean Hydrogen Production Tax Credit.
News
January 02, 2025
(Bloomberg) – President Joe Biden is preparing to issue a decree permanently banning new offshore oil and gas development in some U.S. coastal waters, locking in difficult-to-revoke protections for sensitive marine areas during his final weeks in the White House.
News
January 01, 2025
Petrobras has released a news statement regarding a Brazilian government enacted law which addresses the possibility of transfer of local content surpluses among contracts in exploration and production of oil and natural gas.
News
December 30, 2024
Flotek has provided an update regarding flare monitoring regulations issued by the Environmental Protection Agency (EPA). The EPA's proposed amendments, issued Dec. 20, address industry concerns on the complexity of flare monitoring and testing.
Article
December 2024
Following the election of a new UK government in the summer of 2024, substantial policy changes affecting the future of the UK Continental Shelf have been made. These continue to dominate the investment environment.
Article
December 2024
We all continue to watch the massive political transition underway in Washington, D.C., as President-elect Donald Trump’s impressive win in November translates into a new cast of administration officials and regulatory policy changes, including many for oil and gas. What we are seeing is a major switch in political philosophy and approach.
News
December 18, 2024
The Railroad Commission of Texas assessed $1,405,949 in enforcement docket fines against operators and businesses at the Commissioners’ Conference on Tuesday. The Commission has primary oversight and enforcement of the state’s oil and gas industry.
News
December 18, 2024
The Energy Workforce & Technology Council have released a statement in response to the U.S. Department of Energy’s (DOE) study on the impacts of liquefied natural gas (LNG) exports.
News
December 18, 2024
The American Petroleum Institute (API) have released a statement in response to the U.S. Environmental Protection Agency's (EPA) granting California’s request for a Clean Air Act waiver for the Advanced Clean Cars II (ACC II) Light- and Medium-Duty Vehicle Standards.
