Saturday, July 26, 2025

Congress Resuscitates NOPEC Bill which Would Allow the U.S. Govt. to Sue OPEC Members for Collusion

Current federal law provides that foreign governments cannot be sued for failing to comply with U.S. federal antitrust laws; NOPEC seeks to change that The No Oil Producing and Exporting Cartels Act (“NOPEC”) is quietly making its way through the U.S. House of Representatives–again. H.R.5904 – NOPEC’s latest incarnation – was introduced in May 2018 by Ohio Congressman Steve Chabot.

TransCanada Urges U.S. to Streamline Pipeline Approval Process

From Reuters The United States should help the natural gas industry overcome environmental challenges to new pipeline projects by adjusting regulations or adopting new laws favoring infrastructure, an executive at TransCanada Corp said at a conference this week. Suppliers in the United States, the world’s biggest natural gas producer, have had a harder time getting shipments to market as more

ONEOK, EPIC Midstream to Bolster Permian Takeaway

ONEOK’s Contribution ONEOK (NYSE: OKE) has announced plans to expand its natural gas pipeline infrastructure in the Permian Basin and Oklahoma by 1.7 Bcf/d. The project will include: 150 MMcf/d of ONEOK’s WesTex Transmission system from the Permian to interstate pipeline points in the Texas panhandle and a possible expansion of up to 450 MMcf/d, dependent upon a follow up