Regulatory
Article
October 2023
Climate lawsuits pile on the industry
News
October 30, 2023
The proposal for managing the National Petroleum Reserve-Alaska has alarmed oil industry advocates who say it would thwart development in a crude-rich region the size of Indiana.
News
October 26, 2023
The Fifth Circuit stayed an earlier injunction that had required the Interior Department to hold the lease sale by Nov. 8, including some 6 million acres it had previously pulled off the auction block.
News
October 13, 2023
The zealous proposal by the National Marine Fisheries Service may lead to major limitations when transporting oil and gas products, which in turn would have an alarming and negative effect on the economy of Texas.
News
October 09, 2023
Treasury Secretary Janet Yellen said the U.S. is preparing to crack down on evasion of the Group of Seven’s price cap on Russian oil, as recent market prices signal that the mechanism may no longer be working as hoped.
News
October 04, 2023
The revisions proposed by the Commission under Chapter 4 and Statewide Rule 8 reflect the Commission’s mission to serve Texas through stewardship of natural resources and the environment.
News
September 29, 2023
The legislation guarantees access to oil and gas resources both on and offshore and ensures that the rights to domestic resource development are kept from being interrupted or administratively slowed down.
News
September 27, 2023
The fundamental reason for this decline is the lack of investment in new fields caused by the UK government’s new windfall taxes, which are now so high there is no cash left for new oil and natural gas production.
Article
September 2023
To accelerate net-zero opportunities at pace, E&P companies need to be ESG leaders. To be successful, the industry needs fit-for-purpose policy and voluntary reporting frameworks that maximise giving confidence to the market and stakeholders without a sectorial bias.
News
September 26, 2023
Energy policy needs to balance environmental concerns with affordability and reliability, and remain stable, Chevron CEO Mike Wirth said.
News
September 26, 2023
Shale executives issued calls for the Biden administration to adopt consistent policies that will allow them to drill more. Failure to do so, they warned, will lead to tighter energy supplies and higher prices.
News
September 26, 2023
The three-judge panel ordered the auction take place no later than Nov. 8 but otherwise left in place a lower court order forcing the Interior Department to sell more territory for potential oil development.
News
September 25, 2023
Hamm told the standing-room-only crowd inside a Bob’s Steak & Chop House that there should be a full-on resumption of oil drilling permits on federal lands, reversing the policy of President Joe Biden. Not being able to drill more on federal lands has increased energy costs, he said.
News
September 22, 2023
In comments submitted to the Department of the Interior’s Bureau of Land Management (BLM), the associations reiterated the oil and natural gas industry’s longstanding record of responsible development of the United States’ vast natural resources but expressed concern over the damaging impact this rule could have on American energy security.
News
September 22, 2023
“We are pleased that the court has hit the brakes on the Biden Administration’s ill-conceived effort to restrict American development of reliable, lower-carbon energy in the Gulf of Mexico," said API's Senior Vice President and General Counsel Ryan Meyers.
News
September 22, 2023
The Interior Department’s Bureau of Ocean Energy Management “failed to justify its pivot,” U.S. District Judge James Cain wrote in a 30-page ruling late Thursday.
News
September 20, 2023
While much of the focus remains on consumer measures, the leading representative body for the sector, Offshore Energies UK (OEUK), said an enduring consensus is needed across parties if it is to unlock $213.22 billion of company investment in oil, gas, wind, hydrogen and carbon capture over the next decade.
News
September 20, 2023
The Republican presidential candidate’s plan would encourage more domestic oil development, expand exports and make fossil fuel production central to national security and foreign policy priorities.
News
September 20, 2023
API urged EPA to align its complex methane regulations that apply to U.S. natural gas and oil operations and adopt a timeline for the final methane rule that accounts for the reality of supply chain delays for critical equipment needed in thousands of facilities in producing basins across the country.
News
September 01, 2023
Operators were ordered to come into compliance with Commission rules and assessed $360,186 for any oil and gas, LP-Gas, critical infrastructure, or pipeline safety rule violations.
News
August 30, 2023
“Congress’ directive is clear in the Inflation Reduction Act that the Department of the Interior must hold offshore Lease Sale 261 in the Gulf of Mexico in order to help meet the energy needs of the American people.," Senior Vice President and General Counsel Ryan Meyers said.
