Regulatory

News
March 10, 2024
The Petrobras delegation visited oil fields in Lake Maracaibo this week in what people familiar with the matter described as a courtesy trip. Maracaibo is a key production region for Venezuela and an opportunity for the country to resuscitate the linchpin of its economy after years of underinvestment.
News
March 08, 2024
In response to President Joe Biden’s comments on climate and oil and gas in his State of the Union address on Thursday night, Jeff Eshelman, President & CEO of the Independent Petroleum Association of America (IPAA) issued a statement.
News
March 06, 2024
As President Joe Biden prepares to give the State of the Union address, oil and gas trade groups like the Independent Petroleum Association of America (IPAA), American Petroleum Institute (API) and National Ocean Industries Association (NOIA) issued statements on what they would like to hear regarding domestic energy policy and development.
News
March 01, 2024
Pennsylvania Senate Democrats Bob Casey and John Fetterman have been more pointed in their criticism, saying in a joint statement last month “if this decision puts Pennsylvania energy jobs at risk, we will push the Biden administration to reverse this decision.”
News
February 28, 2024
API outlined major flaws with several aspects of California’s request for a waiver, including its narrow focus on a singular technology to achieve compliance and failure to consider the benefits of a range of technologies that can better meet the needs of the public on a faster timeline.
News
February 27, 2024
Two out of three American voters say the country is on the wrong track on energy policy, and following the administration’s recent pause on LNG export permits, the poll found nine in 10 Americans believe the U.S. should continue to supply natural gas to our allies overseas.
News
February 26, 2024
In a petition filed Monday with the Energy Department, the American Petroleum Institute (API) and six other groups say the indefinite delay runs afoul of a legal mandate for the agency to issue permits to broadly export LNG unless there’s been a clear finding the shipments aren’t in the public interest.
News
February 22, 2024
The American Petroleum Institute (API) issued a statement from President and CEO Mike Sommers in response to reports that the Biden administration is considering changing the implementation timeline for its proposed tailpipe emissions standards.
News
February 16, 2024
“H.R. 7176 will put pressure on the Biden Administration to remove their political and unnecessary blockade on LNG export projects which are vital to Texas, America, and the world. It’s a great bill, and I applaud Rep. Pfluger and House Republicans for fighting back,” said Texas Railroad Commissioner Wayne Christian.
News
February 15, 2024
The legislation (H.R. 7176) by Texas Republican Representative August Pfluger would strip the Department of Energy of their role in approving LNG-export permits and instead require the Federal Energy Regulatory Commission to deem the export of gas to be consistent with the public interest.
News
February 12, 2024
The administration’s pause has potential implications for more than a dozen proposals now awaiting review at the Energy Department, including ventures in Louisiana by Commonwealth LNG and Energy Transfer LP.
News
February 09, 2024
CEO Nick Dell’Osso said the government’s “unfortunate” move will ultimately get resolved, but LNG projects take years to complete, “so a one-year pause, if it is a full year, is meaningful.”
News
February 09, 2024
The UK’s offshore energy industry has warned 42,000 jobs and £26billion of economic value would be wiped out under new Labour proposals to extend the windfall tax on UK oil and gas producers.
News
February 08, 2024
In a letter sent to Energy Secretary Jennifer Granholm, the House Committee on Science, Space, and Technology asks why the department’s study on how LNG shipments affect climate change, the economy and national security is needed and how the analysis will differ from previous studies on the issue.
News
February 07, 2024
The new standard of 9 µg/m3 is near naturally occurring levels of fine particles and will place nearly 40 percent of the U.S. population in areas of nonattainment. This will lead to new controls on both industrial and non-industrial sources, creating new permitting challenges while jeopardizing nearly $200 billion in economic activity and as many as one million jobs.
News
February 07, 2024
EQT has several nonbinding deals with LNG developers in the U.S., including Texas LNG LLC, Energy Transfer LP’s Lake Charles and Commonwealth LNG. The pause most affects Energy Transfer and Commonwealth, as well as Venture Global LNG Inc.’s CP2 in Louisiana, that are moving forward with export projects.
News
February 01, 2024
API President and CEO Mike Sommers outlines what's at stake under the Biden administration's LNG permit freeze and warns of the real-world consequences for U.S. allies, American jobs and climate progress.
News
January 31, 2024
The legislation, “Unlocking our Domestic LNG Potential Act,” was introduced by U.S. Congressman August Pfluger and seeks to place the Federal Energy Regulatory Commission in charge of all LNG export permitting in the United States.
News
January 30, 2024
During the first day of the Baker Hughes Annual Meeting on Monday in Florence, Italy, a U.S. DOE official tried to explain the Biden administration’s sudden move to stop issuing LNG export licenses.
News
January 29, 2024
Manchin, a staunch advocate of his home state’s abundant supplies of natural gas, said he would hold a hearing in the coming weeks to “unveil the facts about the true state of play in the markets, this administration’s motivations, and their implications.”
Webcast

Oil & Gas Forecast 2024

February 15, 2024
Energy Workforce & Technology Council
Now in its 98th year, the World Oil Forecast is one of the upstream oil and gas industry's most trusted sources of projections and data relating to global E&P activity. Utilizing data collected from proprietary surveys of governments and operators in the U.S. and worldwide, this definitive industry report includes projections for spending and activity, worldwide drilling and production, and an analysis of political factors impacting the U.S. and international oil and gas industry. Now, more than ever this information will help market leaders make decisions relating to their businesses.
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