Regulatory
News
November 09, 2021
Oil jumped on speculation that the Biden administration may pull the plug on any plans to release crude from the nation’s emergency reserves after a U.S. energy report showed supplies rising next year.
News
November 09, 2021
The UK won’t join an alliance of countries fixing a date to phase out fossil fuel production, in a move that calls into question the COP26 host nation’s climate leadership.
News
November 08, 2021
While President Joe Biden has been “jaw-boning” OPEC nations to pump more crude, the rest of the world finds it odd that the leader of the top oil producer isn’t paying more attention to domestic shale, said oil historian Daniel Yergin.
News
November 05, 2021
A potential release from the U.S. Strategic Petroleum Reserve intended to bring down gasoline prices may have little effect, oil market participants warn, even as the Biden administration floats the idea as a way to provide immediate relief at the pump.
News
November 05, 2021
The White House and 49 senators support a proposal to impose an almost $20 per-ton fee on carbon as part of President Joe Biden’s climate-and-spending legislation, U.S. Senator Sheldon Whitehouse said Saturday.
News
November 05, 2021
U.S. President Joe Biden “is looking at” a potential release from the Strategic Petroleum Reserve to bring down gasoline prices after OPEC+ rejected his request to increase crude production faster, said Energy Secretary Jennifer Granholm.
News
November 05, 2021
For U.S. President Joe Biden, the easy part was threatening a response. Now comes the tougher challenge of delivering one, or risk looking impotent in his struggle with the oil cartel.
News
November 04, 2021
President Joe Biden should “back off” from domestic anti-oil policies if he wants to keep crude prices in check, according to one of America’s biggest shale drillers.
News
November 04, 2021
Russia’s Nord Stream 2 may need a few more months to clear remaining red tape before the controversial pipeline begins pumping natural gas to Germany to help ease Europe’s energy crunch.
News
November 03, 2021
The UK, the U.S. and 18 other nations are signing a joint statement committing to end funding for foreign oil, gas and coal projects by the end of next year, while prioritizing support for clean energy, according to people familiar with the matter.
News
November 03, 2021
The American Petroleum Institute, which oil companies were pressured to disassociate themselves with by the U.S. House Oversight and Reform Committee last week, came out in support of Biden’s new methane regulations proposed at the COP26 meeting in Glasgow, Scotland.
News
November 03, 2021
“It’s hypocritical to kill clean fossil fuel jobs here in America claiming it ensures a clean environment, and then beg our foreign adversaries to produce more using much less environment-friendly methods," Railroad Commission of Texas Chairman Wayne Christian said in a statement.
News
November 02, 2021
Signing the pledge, being released at the COP26 climate summit Tuesday, would amount to shared recognition of the problem posed by the potent greenhouse gas — not a “burden” to cut individual emissions, America’s climate envoy John Kerry said.
News
November 02, 2021
The Biden administration is launching an assault on methane Tuesday, advancing initiatives across government - and the globe - to keep the potent, heat-trapping gas from escaping landfills, oil wells and farms.
News
October 28, 2021
As U.S. House Democrats inch closer to striking a deal on a massive Budget Reconciliation package with their counterparts in the Senate, it is important to note the potential implications for jobs in the upstream sector of the U.S. oil and gas industry.
News
October 28, 2021
Executives from Exxon Mobil, Chevron, Royal Dutch Shell and BP were urged by U.S. lawmakers to abandon the leading oil-industry trade group, and cut off funds to any groups sowing doubts about climate science.
News
October 28, 2021
The Biden administration is poised to unveil a crackdown on methane leaks from oil and gas wells that will be its most consequential action yet to reduce greenhouse gases -- but is still likely to disappoint climate activists.
News
October 26, 2021
Negotiations over the climate provisions in the Democrats’ spending bill have accelerated and are focused on a package of measures that could replicate the emissions reductions of a clean energy plan dropped from the draft legislation.
News
October 19, 2021
The UK unveiled its net-zero strategy as it tries to showcase its green credentials ahead of key climate talks later this month. It will move taxes from electricity to gas, fund carbon-capture, and offer grants for cleaner home heating.
News
October 18, 2021
Senator Joe Manchin has told the White House and congressional leaders that he will not support including a key clean-power provision in the Democrats’ spending package, putting at risk a central element of the legislation designed to fight climate change, according to a person familiar with the matter.
News
October 14, 2021
A coastal California county’s attempt to curb new oil and gas development suffered another blow when an appeals court upheld a ruling striking down a ban on new wells and hydraulic fracturing.
