World Oil Recent moves by the UK government of Prime Minister Boris Johnson indicate that people in his regime must think that they can play both sides of the street, so to speak, when it comes to oil and gas policy, and get away with it. We are here to tell them that this is not practical, much less ethical
World Oil The American Petroleum Institute (API) filed reply comments to the Federal Energy Regulatory Commission (FERC) addressing the assertions of other commenters and continuing to express concerns that the commission’s two revised policy statements would chill investment in critical natural gas infrastructure. Increasing regulatory uncertainty and permitting delays, these policy changes directly conflict with FERC’s mandate to ensure a
Reuters HOUSTON/WASHINGTON — The U.S. Treasury Department is getting ready to renew in the coming days Chevron Corp’s license to operate in Venezuela, but likely without the greatly expanded terms the U.S. oil major sought, four people close to the talks said. The last U.S. energy producer in Venezuela asked President Joe Biden’s government in March for a license that
Reuters U.S. Treasury officials said on Tuesday they plan to propose at this week’s G7 finance meeting that European countries impose tariffs on Russian oil, as a faster alternative to an outright oil embargo. European Union officials are considering a phased embargo on imports of Russian crude as its next response to Moscow’s war in Ukraine, but concerns from some
SEC.gov At EnerCom Dallas, EnerCom hosted a panel discussion with Haynes Boone (legal), Moss Adams (accounting) and GeoPark (operator) about the SEC proposed environmental disclosure rules – Moss Adams – EnerCom Dallas. Sounds boring I know… but they cover the 500+-page rule document and likely implications on companies in less than an hour (and they made it not boring). This evolution
CNBC Sen. Joe Manchin said Monday that he is “deeply concerned” about the new climate disclosures proposed by the Securities and Exchange Commission. In a letter to the SEC, the West Virginia Democrat said that the proposals go against the regulatory body’s stated mission, and that such policies will add “undue burdens on companies,” especially in the fossil fuel industry. “The most
Nasdaq LONDON, March 29 – Energy major Shell SHEL.L has filed its appeal against a Dutch court ruling that ordered the oil, gas and fuel producer to cut its emissions faster in a landmark win for activists turning to courts to force climate action. While Shell had set itself a target to reach net zero carbon neutrality by 2050, its intermediate
World Oil (Bloomberg) — Texas is seeking information from more than a dozen major finance firms on whether their operations discriminate against the fossil-fuel industry. The state’s comptroller wrote to 19 businesses seeking clarification of their fossil-fuel investment policies and procedures. Any company that fails to respond within 60 days “will be presumed to be boycotting energy companies,” according to
US News WASHINGTON – Top U.S. senators from both parties on Thursday grilled Democratic energy regulators who recently approved guidelines for approving new natural gas projects that allow consideration of environmental justice, landowner and climate issues. The three Democrats on the five-member Federal Energy Regulatory Commission (FERC) voted in February to update the guidelines, for the first time since 1999,
World Oil Texas Attorney General Ken Paxton is leading a 14-state coalition challenging the Biden Administration’s Environmental Protection Agency (EPA) regulations on vehicle emissions. Paxton says President Joe Biden’s ‘bureaucratic decrees’ micromanage cars’ and trucks’ greenhouse gas emissions, which exceeds the EPA’s authority and violates the Constitution’s separation-of-powers principles. “At a time when American gas prices are skyrocketing at the pump,
World Oil AUSTIN – Railroad Commission of Texas Chairman Wayne Christian passed a resolution urging President Joe Biden and the U.S. Congress not to include anti-oil and -gas policies in the “Build Back Better Act” congressional reconciliation bill. The resolution strongly recommends the President of the United States and Congress not to adopt legislation harmful to the oil and gas
Reuters WASHINGTON – The head of a U.S. commission that oversees ocean transportation said in an interview on Tuesday he suspects some ocean carriers have improperly charged importers, one of many factors driving supply chain woes. A broad range of companies importing goods have been frustrated not only by the pile-up of ships outside harbors but also by higher shipping
