Regulatory

S. Korea’s thirst for U.S. crude to keep growing in 2020

S. Korea’s thirst for U.S. crude to keep growing in 2020

Reuters


Oil & Gas 360 Publishers Note: “Light sweet crude contains more naphtha, used in petrochemicals, and also has a lower sulphur content, making it suitable for very low sulphur fuel oil, which has been mandated for shipping since the

February 24, 2020 - 11:06 am
Source: CNBC

US oil industry expected to cut spending by 10-15% and restructure, Dallas Fed says

CNBC


The Dallas Federal Reserve, which has the Permian basin in its economic region, expects the oil and gas sector to cut capital spending by 10% to 15% in 2020.

Rob Kaplan, president of the Fed district, said in an

February 19, 2020 - 12:30 pm
A liquefied natural gas export facility under construction near Quintana, Texas in 2018.
TRAVIS BUBENIK / COURTHOUSE NEWS SERVICE

Judge allows contested pipeline to proceed through central Texas

Court House News Service


The 430-mile, $2 billion project would carry natural gas from a transport hub in the booming West Texas oil patch to hungry markets on the Gulf Coast

Construction on a hotly contested natural gas pipeline through …

February 16, 2020 - 5:43 pm
Whiting Oil and Gas seeks to expand crude oil conditioning in Mountrail County

Whiting Oil and Gas seeks to expand crude oil conditioning in Mountrail County

Williston Harold


Whiting Oil and Gas is seeking permission to expand its Lake Robinson Oil Conditioning Facility from 45,000 barrels per day to 65,000 barrels of crude per day.

The $6 million facility is located 7.9 miles northeast of New

February 8, 2020 - 8:25 am
Experts evaluate nuclear security components related to transport. (Photo: D. Calma/IAEA)

A Moving Target: Nuclear Security During Transport

IAEA


Nuclear and other radioactive material is hardest to protect when it is transported from point A to point B — more than half of the incidents of theft of radioactive material reported to the IAEA between 1993 and 2019

January 26, 2020 - 7:49 pm
House Republicans caught between Trump and young voters on climate change

House Republicans caught between Trump and young voters on climate change

Politico


GOP leaders are putting together their own more modest set of climate policies that their party can rally behind.

House Republicans caught between Trump and young voters on climate change- oilandgas360

House Republicans know they face a growing vulnerability with young voters on climate change — but their attempts to craft …

January 26, 2020 - 4:12 pm
The NY Public Service Commision's decision fails to protect ratepayers and does not comply with the CLCPA. New York State is on a clear and legally-binding path to quickly transition to a fossil-fuel-free future that the PSC and state-licensed utilities cannot be permitted to ignore. - Getty Images

NY Public Service Commission undermines CLCPA by approving CONED proposal that increases investment in fossil fuels and hikes customer rates

 Earth Justice


The Pace Energy and Climate Center (Pace), represented by Earthjustice, is disappointed that the NY Public Service Commission declined to comply with the State’s Climate Leadership and Community Protection Act (CLCPA) and to step away from …

January 26, 2020 - 3:45 pm
Houston Chronicle

McNamee, longtime Texas GOP attorney, will step down from FERC

Houston Chronicle


WASHINGTON – Bernard McNamee, a former advisor to Texas Republican Sen. Ted Cruz and fellow at the conservative Texas Public Policy Foundation, said Thursday he would not seek a second term on the Federal Energy Regulatory Commission.

With …

January 23, 2020 - 3:45 pm
Source: Houston Chronicle

Trump cuts environmental review for infrastructure, pipelines

Houston Chronicle


WASHINGTON — Environmental reviews for new pipelines, highways and other infrastructure projects would be reduced under a proposal released by the Trump administration Thursday, including the end of a requirement that federal regulators consider the implications for climate …

January 10, 2020 - 2:30 pm
FERC Approves Eastern Shore Natural Gas Company Expansion

FERC Approves Eastern Shore Natural Gas Company Expansion

FERC Approves Eastern Shore Natural Gas Company Expansion

January 7, 2020 - 11:10 am
The Clean Energy Choice Act introduced in Virginia

The Clean Energy Choice Act introduced in Virginia

The Clean Energy Choice Act introduced in Virginia

January 7, 2020 - 9:45 am
Williams announces FERC filing for Transco rate case settlement

Williams announces FERC filing for Transco rate case settlement

Oil and Gas 360


Tulsa, Okla. – Williams (NYSE: WMB) announced today that it has filed a comprehensive Stipulation and Agreement (“Settlement”) with the Federal Energy Regulatory Commission (“FERC”), which would settle all aspects of the Transcontinental Gas Pipe Line …

January 2, 2020 - 1:30 pm

New Mexico’s oil, natural gas growth squeezing regulatory oversight

NGI Shale


New Mexico needs to boost staffing and pay competitive salaries to oil and gas regulators, along with working to improve drilling application approvals, according to a report card by the state’s Legislative Finance Committee (LFC).

In the Performance …

January 2, 2020 - 11:23 am
The energy agency that could thwart Democrats’ climate plans

The energy agency that could thwart Democrats’ climate plans

Politico


Sens. Bernie Sanders and Elizabeth Warren have endorsed a call to reshape FERC as a climate regulator, but is it necessary for a Green New Deal?

 

Democratic presidential candidates’ promises to fight climate change could hinge on whether

December 28, 2019 - 9:28 pm
Trump is rolling back over 80 environmental regulations. Here are five big changes you might have missed in 2019

Trump is rolling back over 80 environmental regulations. Here are five big changes you might have missed in 2019

CNBC


Oil & Gas 360 does not endorse the views of the authors, but values both sides to a discussion. 

Trump is rolling back over 80 environmental regulations. Here are five big changes you might have missed in 2019 -oilandgas360

  • President Trump has taken historically unprecedented action to roll back a slew of environmental regulations that protect air, water, land
December 24, 2019 - 10:00 am
Source: Houston Chronicle

FERC pushes back against state clean energy plans

Houston Chronicle


WASHINGTON – Wind turbines, solar systems and nuclear plants that receive state subsidies promoting clean energy can be assessed a surcharge when bidding into the country’s largest power market, the Federal Energy Regulatory Commission ruled Thursday.

In a …

December 20, 2019 - 3:30 pm
SEC Proposes rules to implement the statutory mandate to adopt resource extraction disclosure rules

SEC Proposes rules to implement the statutory mandate to adopt resource extraction disclosure rules

SEC Proposes Rules to Implement the Statutory Mandate to Adopt Resource Extraction Disclosure Rules

December 18, 2019 - 12:09 pm
Source: Houston Chronicle

Biodiesel and wind tax credits extended, as Congress prepares to vote

Houston Chronicle


UPDATE:

Tax credits for biodiesel and wind energy were extended under a deal struck by Republicans and Democrats late Monday night, according to sources close to the discussions. With the House expected to vote on the spending plan

December 17, 2019 - 12:00 pm
Source: Reuters

Factbox: IMO 2020 – a major shake-up for oil and shipping

Reuters


Tougher rules on sulphur emissions from ships will come into effect next year in the biggest shake-up for the oil and shipping industries for decades.

IMO 2020

From January 2020, United Nations shipping agency the International Maritime Organization (IMO) …

December 13, 2019 - 1:00 pm
Regional Greenhouse Gas (RGGI) allowance clearing price (Jan 2008-Dec 2019)

Auction prices for regional carbon dioxide allowances have increased since the 2017 low

EIA


The Regional Greenhouse Gas Initiative (RGGI) is the first mandatory market-based program in the United States intended to reduce greenhouse gas emissions.

Auction prices for regional carbon dioxide allowances have increased since the 2017 low -oilandgas360

Regional Greenhouse Gas (RGGI) allowance clearing price (Jan 2008-Dec 2019)The Regional Greenhouse Gas Initiative (RGGI) is the …

December 10, 2019 - 11:21 am
Source; Houston Chronicle

Report: U.S. oil producers burning record amount of natural gas

Houston Chronicle


U.S. oil companies are wasting a record amount of natural gas instead moving it to market and selling it, a new report from the Energy Information Administration shows.

In a pair of industry practices known as venting and …

December 6, 2019 - 2:30 pm
Source: Houston Chronicle

Flaring Under Fire: Pipeline operator sues Railroad Commission

Houston Chronicle


Oklahoma pipeline operator Williams is asking a judge to overturn a decision by state regulators allowing one of the pipeline company’s potential customers to burn off natural gas in a controversial industry practice known as flaring — instead …

December 4, 2019 - 3:00 pm
Source: basicenergyservices.com

Basic Energy Services announces move to OTCQX® best market

Oil and Gas 360


Basic Energy Services, Inc. – FORT WORTH, Texas- (OTCQX: BASX) (“Basic” or the “Company”) today announced that the shares of the Company’s common stock began trading on the OTCQX® Best Market tier of the OTC Markets …

December 3, 2019 - 1:30 pm
Photo: Mayra Beltran

Exxon blasts N.Y. for walking back claims at end of trial

Houston Chronicle


The New York attorney general’s office dropped its claim that Exxon Mobil Corp. intentionally misled investors about how it accounts for the financial risks of climate change, significantly diminishing the state’s case in the last minutes of a …

November 8, 2019 - 8:33 am
Feds order Keystone pipeline shut until corrective actions taken

Feds order Keystone pipeline shut until corrective actions taken

Federal regulators have ordered that the portion of the Keystone pipeline that began leaking last week stay shut down until further notice.

The pipeline, which has leaked more than 383,000 gallons of oil in a field near Edinburg, N.D., has …

November 7, 2019 - 9:30 am
New Mexico accuses Permian Basin oil and gas operators of violating state air quality laws

New Mexico accuses Permian Basin oil and gas operators of violating state air quality laws

Two Permian Basin oil and gas operators were issued violation notices by the New Mexico Environment Department for alleged violations of state and federal air quality standards.

New Mexico accuses Permian Basin oil and gas operators of violating state air quality laws - oil and gas 360

Matador Resources and Mewbourne Oil Company were both issued notices of violation (NOVs) …

November 7, 2019 - 9:00 am
Langtry Meyer, Chief Operating Officer with Texas LNG Vivek Chandra , CEO of Texas LNG and William S. Garner, Jr. with Greenberg Traurig in Houston, TX on Friday, October 16, 2015.
Photo: Thomas B. Shea

Texas LNG to face three opponents in contested case hearing

Source: Houston Chronicle


Houston liquefied natural gas company Texas LNG will face three opponents in an upcoming hearing to obtain a state air pollution permit and build an export terminal at the Port of Brownsville.

The State Office of Administrative …

September 27, 2019 - 10:15 am
Minnesota court rejects challenges to Enbridge Line 3 pipeline approval

Minnesota court rejects challenges to Enbridge Line 3 pipeline approval

Source: Reuters


The Minnesota Supreme Court on Tuesday declined to hear environmental and tribal challenges to Enbridge Inc’s Line 3 oil pipeline, a decision that removes one potential obstacle for the already-delayed project.

It means the Minnesota Public Utilities Commission, …

September 17, 2019 - 3:30 pm
Source: KDRV

Adams County approves new oil and gas regulations after 6-month moratorium on new development

KDRV 


After a six-month moratorium on new oil and gas applications, Adams County Commissioners voted to approve updated oil and gas regulations Tuesday afternoon, which include the addition of 1,000-foot setbacks from occupied buildings.

The goal of the regulations, according …

September 3, 2019 - 5:37 pm
Source: SEACOR

Galveston Company Enters Race to Supply IMO 2020 Fuels

From The Houston Chronicle


With a massive shift in the marine fuel market just months away from implementation, a Galveston fuel storage operator says it plans to operate a 50,000 barrel a day crude processing facility to meet new stricter …

August 28, 2019 - 6:00 am