Politics & Opinions

Coast Guard Commandant:  Will LNG transport become a geopolitical cyber warfare target?

Coast Guard Commandant: Will LNG transport become a geopolitical cyber warfare target?

Coast Guard seeks to deliver protection against “invisible” attacks.

United States Coast Guard Commandant Vice Adm. Paul F. Zukunft in a keynote address at the Center for Strategic and International Studies on June 15 said that while the U.S. port …

June 22, 2015 - 11:13 am LNG, Offshore, Oil and Gas 360 Articles, Politics & Opinions
New Leadership in Alberta Raising Taxes, Targeting Royalties in the Summer

New Leadership in Alberta Raising Taxes, Targeting Royalties in the Summer

Three bills to kick things off

The New Democratic Party’s (NDP) Rachel Notley is planning to put three bills before the legislature during its short spring session, set to last just two weeks. The first bill will change laws around …

June 16, 2015 - 3:45 pm Canada, Oil and Gas 360 Articles, Politics & Opinions
Highlights of BP’s 2015 Statistical Review of World Energy

Highlights of BP’s 2015 Statistical Review of World Energy

China consumes more energy than all of North America combined: BP

The United States was awarded the banner of “Greatest Hydrocarbon Producer” in BP plc’s (ticker: BP) latest Statistical Review of World Energy. The achievement is considerable, but BP’s …

OPEC: Too Close to Call - Oil & Gas 360

Will ISIS be a Factor at Friday’s OPEC Meeting?

“[ISIS] presents a whole new reality for the region, which just isn’t reflected in the oil market at the moment,” said Daniel Yergin, Vice Chairman of IHS, in an interview with The Telegram. “It’s an increasingly grave situation for …

June 3, 2015 - 7:06 pm Oil and Gas 360 Articles, OPEC, Politics & Opinions
Denton Considers Lifting Frac Ban

Denton Considers Lifting Frac Ban

House Bill 40 makes Denton frac ban unenforceable

Denton City Council held a meeting last night to consider its options for moving forward with the ban on hydraulic fracturing that it enacted in December of last year. The Texas …

SandRidge Energy Gets Green Light for MLP Qualifying Income

SandRidge Energy Gets Green Light for MLP Qualifying Income

Uncertainty around SandRidge’s well-water treatment and disposal business is dispelled

SandRidge Energy (ticker: SD) announced that the Internal Revenue Service decided to grant it a positive private letter ruling (PLR) in an 8-K filed by the company Monday. A decision …

June 2, 2015 - 6:19 pm MLPs, Oil and Gas 360 Articles, Politics & Opinions
Source: HRW.org

Euro Under Pressure as Greece Misses Deadline

Euro outflows look likely

Greece missed its self-imposed Sunday deadline for reaching an agreement with its lenders for aid, putting pressure on the Euro. The missed deadline led to renewed fears in the market that Greece might default on its …

OPEC: Too Close to Call - Oil & Gas 360

OPEC June Preview: Every Man for Himself

The Organization of Petroleum Exporting Countries (OPEC) is scheduled to meet for the first time in 2015 on June 5 in Vienna. Assumptions point to the meeting being a terse exchange between the 12 members in an attempt to fulfill …

May 29, 2015 - 6:54 pm Oil and Gas 360 Articles, OPEC, Politics & Opinions
Utah Joins Wyoming, Colorado and North Dakota in Lawsuit Against Federal Fracing Rules

Utah Joins Wyoming, Colorado and North Dakota in Lawsuit Against Federal Fracing Rules

Utah energy advisor says new regulations are legally and pragmatically faulty

Utah’s Governor Gary Herbert announced that his state will be joining North Dakota, Colorado and Wyoming in their lawsuit against new federal rules regarding new hydraulic fracturing regulations on

Murkowski Puts Forward New Offshore Legislation

Murkowski Puts Forward New Offshore Legislation

Pushing for larger share of offshore oil and gas revenues

Alaska’s Senator Lisa Murkowski put forward new legislation last week that hopes to bring more revenue from oil and natural gas production on Alaska’s outer continental shelf (OCS) back to …

New Texas Law Pre-empts Local Frac Bans

New Texas Law Pre-empts Local Frac Bans

HB 40 hopes to clarify limits of local control on oil and gas operations, preventing frac bans

Texas Governor Greg Abbott signed legislation today designed to pre-empt local regulations on drilling activities in the state. The bill, House Bill 40

The E.U. is Lobbying for the U.S. to End the Crude Oil Export Ban

The E.U. is Lobbying for the U.S. to End the Crude Oil Export Ban

The E.U. joins voices calling for an end to the U.S. export ban

Many have called for the end of the crude oil export ban from the United States, saying the legislation is a relic of a global energy picture …

Texas: Battle Over Local Control

Texas: Battle Over Local Control

The fight over home rule moves to Texas House

Municipal control over activities involved in hydraulic fracturing has become a hot topic nationwide, with the small town of Denton, Texas, being one of the focal points of the conversation about …

Source: PRIX Index

PRIX Index Predicts Increased Oil Exports from Iraq and Iran

Geopolitics in commodity markets can be one of the hardest factors to predict when forecasting global market movements.

The most recent update to the PRIX Index, published April 30, showed an overall value of 56, meaning exports from the …

Fed’s Yellen Sees Valuations as “Quite High”

Fed’s Yellen Sees Valuations as “Quite High”

Stocks down as Yellen warns valuations are over historical averages

Federal Reserve Chair Janet Yellen  warned that stock valuations are “generally quite high,” and that “there are potential dangers” in a discussion yesterday with International Monetary Fund Managing Director Christine …

Alberta Election Results Roil Canada’s Energy Sector

Alberta Election Results Roil Canada’s Energy Sector

NDP’s historic win puts an end to four decades of PC majority in Alberta, uncertainty spooks energy stocks

The New Democrat Party (NDP) will take control in Alberta, raising concerns in the local energy sector about the future business environment.…

Bill Proposes New Fee on Railcars

Bill Proposes New Fee on Railcars

U.S. legislators aim to phase out old railcars

Crude by rail has made headlines for all the wrong reasons in recent months.

Derailments and safety issues regarding older railcars has made for plenty of fear-inducing news articles for cities and …

PRIX Index Forecasts Political Risk for Oil Exports

PRIX Index Forecasts Political Risk for Oil Exports

New index could help predict political impacts on the international flow of oil

Oil, like certain other minerals, is one of the most highly politicized commodities traded across the globe. When analysts try to predict what countries will be increasing …

Colorado and North Dakota Join Wyoming in Lawsuit v. BLM Rulemaking

Colorado and North Dakota Join Wyoming in Lawsuit v. BLM Rulemaking

Three States are Suing the Federal Government to Preserve State Jurisdiction

A federal judge has decided to allow North Dakota and Colorado to join a Wyoming lawsuit that challenges new rules from the U.S. Bureau of Land Management regarding drilling …

Washington Passes New Crude-by-Rail Regulations

Washington Passes New Crude-by-Rail Regulations

Bipartisan bill requires advanced notice for crude-by-rail shipments and a new tax

Washington state lawmakers passed legislation last week that adds new requirements to oil being transported into the state by rail. The bill, Senate Bill 5057, was initially …

April 28, 2015 - 3:26 pm Midstream, Oil and Gas 360 Articles, Politics & Opinions
Oklahoma Senate Says No to Frac Bans

Oklahoma Senate Says No to Frac Bans

A bill that would prohibit local frac bans is expected to reach the Governor

The Oklahoma House approved a bill 64-32 that would prevent local governments from enacting bans on hydraulic fracturing. Senate Bill 809 would leave local governments with …

Crimea to Receive Oil and Gas Equipment Despite Sanctions

Crimea to Receive Oil and Gas Equipment Despite Sanctions

Chinese company Kerui is looking to register as a business in Crimea to make supplying equipment easier

China’s Kerui is set to deliver oil and gas equipment to Crimea, the company’s vice president, Wang Bin, told Tass during a Russian-Chinese

April 24, 2015 - 2:41 pm Offshore, Oil and Gas 360 Articles, Politics & Opinions
Source: http://www.gazprom.com/press/gallery/events/649250/

E.U. Antitrust Regulators Go After Gazprom

Antitrust charges brought against Russian energy giant Gazprom

The European Commission (EC), the executive branch of the European Union, charged Russian energy giant Gazprom (ticker: OGZPY) with abusing its dominance in natural gas markets in Europe. The EC claims that …

Sage-Grouse Not “Threatened” in Nevada and California: Feds

Sage-Grouse Not “Threatened” in Nevada and California: Feds

Nine other Western States Still Not Out of the Woods

The U.S. Fish and Wildlife Service (FWS) ruled today that the Bi-State population of greater sage-grouse, found in Nevada and California, does not require the protection of the Endangered Species …

ENRC Energy Bill will Break With Tradition

ENRC Energy Bill will Break With Tradition

OAG360 Exclusive: Interview with Senate Energy and Natural Resources Committee’s Robert Dillon

During her keynote speech this week at CERA Week, Senator Lisa Murkowski (Alaska) announced that she will be introducing legislation this year to repeal the U.S. crude oil …

Hydraulic Fracturing Debate Heating Up in Michigan

Hydraulic Fracturing Debate Heating Up in Michigan

Initiatives targeting oil and gas development are becoming more and more common around the country, and Michigan is the latest state to play host to the hydraulic fracturing debate.

For the third election season in Michigan, opposition to the development …

Rosneft HQ with Kremlin in the background Source: Rosneft

Improving U.S. and Russian Relations

Russian ambassador in Denver to increase understanding between the U.S. and Russia

At a private event in Denver on Tuesday, Sergey Kislyak, Russia’s ambassador to the United States, expressed his hopes that tensions that have existed between the U.S. …

Colorado Governor John Hickenlooper

Hickenlooper: We Need One Set of Regional Oil & Gas Regulations for the Western States

An OAG360® Exclusive: Interview with John Hickenlooper, Governor of Colorado

Listen to the interview

Colorado enjoys robust energy development as an integral piece of its economy. It’s the seventh most productive oil state, sixth in natural gas production and …

EIA Reference Case:  Brent Prices will Stay Below $100 through 2028

EIA Reference Case: Brent Prices will Stay Below $100 through 2028

Government Energy Arm Releases 2015 Annual Energy Outlook

The Energy Information Administration (EIA) released various energy-related projections through the year 2040 in its yearly release of the Annual Energy Outlook (AEO). In the 2015 edition, the EIA made five rather …

Negotiations Yield Nuclear Deal with Iran

Negotiations Yield Nuclear Deal with Iran

The U.S. and its allies reach an agreement with Iran regarding its long contested nuclear program

Framework for a nuclear deal with Iran was decided on today. The announcement was initially made during a joint press conference by Iran’s Foreign …