Regulatory
News
April 17, 2022
Europe can reduce energy dependence on Russia quicker than previously estimated, Mario Draghi said in an interview with Corriere della Sera.
News
April 15, 2022
Biden’s administration is dramatically curtailing U.S. public land available for new oil and gas development as it seeks to impose more environmental protections and financial limitations on the activity.
News
April 14, 2022
Oil rallied Thursday afternoon after a report that the European Union is moving toward adopting a phased-in ban on Russian oil.
News
April 14, 2022
The North Sea Transition Authority has reminded licensees of the obligation to collaborate effectively and ensure transactions are completed promptly, to support investment in the UK Continental Shelf.
News
April 13, 2022
Russia will find new buyers for its oil, natural gas and coal both at home and abroad as some traditional customers reject its deliveries, said President Vladimir Putin.
News
April 11, 2022
Canada’s banks just started on the path toward zeroing-out the carbon emissions of the companies they lend to, and already they’re running into conflicts between what climate activists and ESG investors want and what Canada’s oil-dependent economy demands.
News
April 08, 2022
Prime Minister Justin Trudeau is rolling out one of Canada’s largest single industrial tax incentives to fund carbon capture projects as his government tries to deliver on ambitious climate goals.
News
April 07, 2022
Exxon Mobil Corp. and Chevron Corp. investors will vote on shareholder demands to curb pollution amid growing pressure on the oil industry to reduce emissions.
News
April 07, 2022
The House passed and sent to President Joe Biden for his signature legislation that would bar U.S. imports of Russian oil, gas and coal.
News
April 07, 2022
The Government of Canada approved the environmental assessment of the Bay du Nord development project as recommended by the Impact Assessment Agency of Canada in August 2021.
News
April 07, 2022
Energy companies and organizations are reacting positively to the UK Government’s Energy Security Strategy, which was published considering rising global energy prices provoked by surging demand after the pandemic and Russia’s invasion of Ukraine.
News
April 07, 2022
Much like the past, the American oil and gas industry is rising to meet the moment with increased LNG cargoes moving to Europe and others in need. But unlike the past, a politics-first and always vocal wing of Congress is demonizing our sector, API CEO Mike Sommers said.
News
April 06, 2022
The government’s new Energy Security Strategy must recognize the oil and gas sector’s importance for energy security as well as for the energy transition, according to the chief executive of Offshore Energies UK.
News
April 06, 2022
Executives at some of the world’s biggest oil companies will tell a U.S. congressional hearing on high gasoline prices that they need the government’s help in securing more drilling permits to help lower consumers’ costs.
News
April 05, 2022
Business Secretary Kwasi Kwarteng commissioned a geological report into the science of shale gas fracing, as the U.K. government tries to boost energy self-sufficiency in the wake of the Ukraine war.
News
April 04, 2022
Senator Joe Manchin is calling on the Securities and Exchange Commission to reconsider a plan to require companies to disclose information about their greenhouse gas pollution.
News
April 01, 2022
A new market update report shows the U.S. oil and gas (O& G) industry can expect to see continued demand recovery and positive effects from the passage of the Infrastructure Investment and Jobs Act, but regulatory environments tightened last year.
News
March 31, 2022
The U.S. will release roughly a million barrels of oil a day from its reserves for six months beginning in May, a historic drawdown underscoring White House concern about rising gas prices and supply shortages following Russia’s invasion of Ukraine.
News
March 30, 2022
The Government of Canada on Tuesday released the 2030 Emissions Reduction Plan, which included emission reduction targets for the oil and gas sector and support for renewable energy.
News
March 30, 2022
A controversial U.K. oil project won a license extension, keeping open the possibility of development even after Shell Plc retreated amid a backlash from climate protesters.
News
March 29, 2022
The Biden administration doesn’t anticipate selling offshore drilling rights in the Gulf of Mexico through at least October 2023, effectively stretching a delay in that activity to a third year, according to economic projections included in its newly released budget proposal.
