Regulatory
News
June 24, 2022
The organizations - who represent more than 11 million American skilled workers keeping the lights on and fuels flowing - encouraged the administration to recognize domestic energy resources as a strategic asset for U.S. national and economic security.
News
June 23, 2022
Offshore Energies UK thanked the Chancellor of the Exchequer for a “candid and constructive” meeting with the nation’s gas and oil producers - but warned that his new energy profit levy risks undermining attempts to attract capital investment to the UK.
News
June 23, 2022
The American Petroleum Institute and American Fuel & Petrochemical Manufacturers called the meeting “a constructive discussion.” While no concrete solutions emerged, both sides promised to keep talking and working together in good faith.
News
June 23, 2022
Nigeria’s Senate will investigate Shell Plc’s historic license renewals in the West African state to determine whether they were extended unlawfully and cost the government up to $200 million.
News
June 22, 2022
Veteran commodities trader Pierre Andurand said it’s “hard to think of a downside” to a proposed oil price-cap on Russian crude that’s been floated by U.S. Treasury Secretary Janet Yellen.
News
June 20, 2022
The UK government’s new windfall tax, imposed on companies supplying the nation’s oil and gas, may already be undermining the major investments need to keep Britain’s lights on, Offshore Energies UK has warned.
News
June 17, 2022
Energy Workforce & Technology Council submitted comments to the SEC regarding the proposed rules that require expanded greenhouse gas reporting from publicly and some privately traded companies.
News
June 16, 2022
Trade groups sent a letter to President Biden responding to the administration's recent letters to major U.S. fuel refiners suggesting that these companies, their workforces and facilities aren’t doing their part to bring fuel to the market and lower energy costs for consumers.
News
June 16, 2022
Exxon Mobil Corp., Marathon Petroleum Corp. and the other top U.S. oil refiners are on course to reap a combined $10 billion in profits this quarter even as U.S. President Joe Biden lambasts the industry for closing plants.
News
June 14, 2022
The American Petroleum Institute on Tuesday released a “10 in 2022 plan”—10 policies that policymakers can advance today to unlock American energy, fuel economic recovery, and strengthen national security.
News
June 09, 2022
The Texas Railroad Commission has approved the Fiscal Year 2023 Oil and Gas Monitoring and Enforcement Plan, which outlines a stronger inspection process and enforcement procedures for evaluating every oil and gas facility at least once every five years.
News
June 08, 2022
The Railroad Commission of Texas (RRC) assessed $1,008,396 in fines, involving 228 enforcement dockets against operators and businesses at the Commissioners’ Conference on Wednesday.
News
June 08, 2022
The Democratic Republic of Congo’s plan to auction oil exploration blocks next month threatens to disrupt some of the world’s most important carbon sinks and could jeopardize a $500 million forest preservation agreement.
News
June 03, 2022
Energy Workforce & Technology Council CEO Leslie Beyer responded to House Republicans' six-part energy strategy, saying they applaud the House Energy, Climate, and Conservation task force for bringing the focus back to an 'emissions reduction' strategy.
News
June 03, 2022
The modest supply boost may ease tight markets. But it leaves unanswered the question of whether the U.S. can turn Saudi Arabia into an ally in its campaign to economically isolate Russia.
News
June 02, 2022
OPEC+ agreed to increase the size of its oil-supply hikes by about 50%, in a deal that kept Russia at the heart of the cartel while also heeding pressure from major consumers including the U.S.
News
May 31, 2022
As he opened the COP26 climate talks in November, Boris Johnson warned “it’s one minute to midnight” in the race to slash planet-heating carbon emissions. His government has since announced £37 billion of funding focused squarely on subsidizing the consumption of energy -- much of it fossil fuels.
News
May 27, 2022
The Group of Seven urged OPEC to pump more oil, even as it made new pledges to try to fight climate change.
News
May 27, 2022
How the UK government finds itself mounting a tax raid on the oil and gas industry, while simultaneously breaking a promise not to offer fossil fuel producers incentives to drill more, shows how the invasion of Ukraine has turned the world of energy on its head.
News
May 27, 2022
Industry trade organizations expressed concern that additional changes to NWP 12 would increase uncertainty at a time when a clear, consistent permitting process is critical to building vital energy infrastructure and helping U.S. producers meet growing energy demands at home and abroad.
News
May 27, 2022
Some EU leaders are leaning toward a deal that would ban seaborne oil while temporarily sparing deliveries through a key pipeline to give landlocked Hungary more time.