Regulatory – Oil & Gas 360

US will punish fraud and insider trading, derivatives regulator tells Congress

April 16, 2026

(Investing) – WASHINGTON – Washington’s top derivatives regulator on Thursday reassured lawmakers that the United States will punish fraud as concern mounts on Capitol Hill that oil, stock and prediction market players are illicitly trading on inside information from the White House, according to prepared remarks seen by Reuters. The first congressional testimony by the current chair of the U.S. Commodity

BLM lease sales in three states generate $65 million, signal stronger onshore drilling outlook

April 2, 2026

(World Oil) – U.S. Bureau of Land Management lease sales across Colorado, Nevada and Utah generated $64.8 million in total revenue, reflecting continued interest in federal onshore acreage. The agency leased 136 parcels covering 131,121 acres during its latest quarterly sale, with revenue distributed between federal and state governments. Utah accounted for the majority of proceeds, generating $56.4 million from

Fed’s faith in anchored inflation expectations may be coming under stress

March 30, 2026

(BOE Report) – Federal Reserve officials eager to keep inflation psychology in check and maintain control over prices face a challenge as household expectations rise alongside the cost of gasoline and doubt edges into bond markets in the form of rising yields on U.S. Treasury securities. Until the U.S.-Israeli war with Iran pushed the price of oil up more than

Interior’s Burgum sees U.S. energy agenda proceeding as planned

March 26, 2026

(World Oil) – The third day of CERAWeek by S&P Global 2026 started off Wednesday with a fascinating, wide-ranging discussion conducted with U.S. Secretary of the Interior Doug Burgum by interviewer Dan Yergin, Chairman of CERAWeek and Vice Chairman of S&P Global. Given an opportunity from Yergin at the session’s start to frame the discussion, Burgum emphasized the important role that the

High oil prices could force Fed to raise rates

March 23, 2026

(Oil Price) – The oil-driven inflation shock rippling through global markets is now forcing a sharp rethink of U.S. monetary policy, with traders rapidly shifting from rate-cut expectations to pricing in potential hikes as crude continues to surge on Middle East supply disruptions. According to Bloomberg, markets are reassessing the Federal Reserve’s path as energy-driven inflation risks intensify. Fed funds futures

Supreme Court to rule on Exxon’s $1 billion Cuba assets claim

February 23, 2026

(Oil Price) – The U.S. Supreme Court will be hearing on Monday arguments by ExxonMobil, backed by the Trump Administration, about the scope of a law allowing American companies to claim damages for seized assets in Cuba. U.S. supermajor Exxon is seeking compensation upwards of $1 billion for assets seized by the Cuban government in 1960. At the time of the confiscation of

Trump EPA set to scrap landmark emissions policy

February 10, 2026

(Oil Price) – The U.S. Environmental Protection Agency is about to pull the rug from underneath climate regulation by repealing the so-called endangerment finding—an EPA decision from 2009 saying greenhouse gases “threaten the public health and welfare of current and future generations.” The decision names six gases as dangerous, including carbon dioxide and methane, on which much of climate regulation in the United

Oilfield services executives head to Washington to push permitting reform

February 10, 2026

(World Oil) – Executives from across the U.S. oilfield services and technology sector are heading to Washington this week to press lawmakers on permitting reform, trade policy and workforce issues they say are directly affecting project execution and investment across the energy industry. The Energy Workforce & Technology Council (EWTC) said nearly 60 senior leaders from more than 40 member companies will

API-led coalition urges expanded offshore leasing in DOI’s draft program

January 26, 2026

(World Oil) – More than 80 national, state and local energy, business and manufacturing organizations have submitted comments supporting the U.S. Department of the Interior’s (DOI) 11th National Oil and Gas Leasing Draft Proposed Program, calling for expanded and predictable access to federal offshore acreage. The coalition, led by the American Petroleum Institute (API), urged the Bureau of Ocean Energy Management (BOEM)

IPAA urges EPA reset of regulations for low-production U.S. wells

January 7, 2026

(World Oil) – The Independent Petroleum Association of America is urging the Environmental Protection Agency to revise elements of Subpart W in the Greenhouse Gas Reporting Program that affect low-production and marginal-well operators. In a letter sent from Washington, the group said wells producing 15 boed or less represent a substantial share of U.S. output and require a regulatory framework aligned with small-business

API praises House approval of bipartisan permitting reform bills

December 12, 2025

(World Oil) – WASHINGTON — The American Petroleum Institute (API) is welcoming the U.S. House of Representatives’ passage of two bipartisan bills aimed at overhauling the federal permitting process for energy and infrastructure projects. The legislation includes the Improving Interagency Coordination for Pipeline Reviews Act (H.R. 3668) and the Promoting Efficient Review for Modern Infrastructure Today (PERMIT) Act (H.R. 3898). Both measures are designed to

Shadow fleet on edge after U.S. seizes tanker in Venezuelan waters

December 11, 2025

(Oil Price) – The United States has seized a large oil tanker off the coast of Venezuela, marking a major escalation in tensions between Washington and Caracas. President Trump confirmed the operation, saying, “We’ve just seized a tanker on the coast of Venezuela, large tanker, very large, largest one ever seized actually”. He then went on to warn that “other things are happening

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