Regulatory

Some Colorado Lawmakers Express Support of 2016 Agenda that would Advance Local Control Laws

From the Longmont Times-Call

Oil, gas issues expected to return in 2016 Colorado Legislature

The issue of giving cities and counties more authority to locally regulate oil and gas drilling and production may resurface in next year’s session of the

December 14, 2015 - 11:33 am Closing Bell Story‎, Fracing, Politics & Opinions, Regulatory
Colorado Supreme Court Hears Oral Arguments concerning Local Control of Oil and Gas Development

Colorado Supreme Court Hears Oral Arguments concerning Local Control of Oil and Gas Development

This morning, the Colorado Supreme Court heard oral arguments in two cases where cities sought reinstatement of their bans on hydraulic fracturing and certain other oil and gas related activities within their city limits.

In one case, the Fort Collins, …

Amendments to Strengthen Natural Gas Pipelines Pass Senate Committee

Amendments to Strengthen Natural Gas Pipelines Pass Senate Committee

Amendments address safety of natural gas pipelines and transparency related to oil spills

The Senate Commerce, Science and Transportation Committee today included three amendments when it passed pipeline reauthorization legislation (S. 2276).

Two of the amendments by Massachusetts Sen. Ed

December 9, 2015 - 5:46 pm Midstream, Oil and Gas 360 Articles, Regulatory
Average Monthly WTI Price is the Lowest Since June 2004

Average Monthly WTI Price is the Lowest Since June 2004

“Production from the North Slope of Alaska and the North Sea of Europe, burgeoning oil regions 20 years ago, is in decline. Unrest in Venezuela and Nigeria threatens the flow of oil. The Middle East remains the mother lode of …

Take Two: Halliburton/Baker Hughes Refile Merger Proposal to European Commission

Take Two: Halliburton/Baker Hughes Refile Merger Proposal to European Commission

First Proposal Denied due to “Insufficient Data”

Halliburton (ticker: HAL) remains adamant on closing its $35 billion merger with Baker Hughes (ticker: BHI) by year-end, and the two oilservice giants progressed on the antitrust side by resubmitting a regulatory filing …

Alaska’s $64.6 Million Purchase of TransCanada’s Interest in Alaska LNG is State’s “Number-One Get Well Card”

Alaska’s $64.6 Million Purchase of TransCanada’s Interest in Alaska LNG is State’s “Number-One Get Well Card”

Alaska hopes to make $400 million more per year after buying TransCanada’s share of the project

Last week Alaska Governor Bill Walker said that the decision to purchase TransCanada’s share of the project was the “number-one get-well card” for Alaska’s …

Fossil Fuel v. Renewable Energy: Did Green Slip through the Door while North American Oil & Gas Companies were Busy Creating the Shale Boom?

Fossil Fuel v. Renewable Energy: Did Green Slip through the Door while North American Oil & Gas Companies were Busy Creating the Shale Boom?

Cultural Attitudes: 55 Years can make a World of Difference. So can 12.

Remember the iconic 1960-era engineer? He wore a pocket protector in the shirt pocket of his short-sleeved white dress shirt. He usually had two or three ballpoint …

Source: WPX

West Virginia’s Coal Industry is Reeling – Will Shale Gas Take Its Place?

Seal_of_West_Virginia.svgAn Exclusive Interview with Keith Burdette, Secretary of Commerce for West Virginia

Coal has powered West Virginia’s economy for centuries. Generations of West Virginians have come and gone in the Mountain State, and its stalwart blue-collar coal industry continuously attracts …

Business Roundtable: “Strategic Changes” Needed for U.S. Energy Policy, Economy

Business Roundtable: “Strategic Changes” Needed for U.S. Energy Policy, Economy

Technological advances in the oil and gas industry have reformed the United States economy, but government policies are preventing the business sector from reaching its full potential.

That is the assessment of the Business Roundtable, based on a 31-page report …

Drill Rig in Alaska - Oil & Gas 360

Statoil Bails on Alaska Offshore Leases, Citing Competitive Reasons

Sen. Murkowski: Obama Administration at Fault for “Project Killer” Regulations

Statoil (ticker: STO) is closing the door on its Alaska operations, the company announced in a press release on November 17, 2015. The Norway-based exploration and production company plans …

What does the U.S. Government Expect from Energy Companies in 2016?

What does the U.S. Government Expect from Energy Companies in 2016?

Just doing things right may not be enough:  legal experts discuss changes to SEC reporting expectations for energy companies and recent trends in EPA investigations and enforcement actions

Haynes and Boone LLP’s Denver office hosted a seminar this week that …

November 12, 2015 - 10:54 am Closing Bell Story‎, Oil and Gas 360 Articles, Regulatory
Keystone XL Rejection: The Canadian Perspective

Keystone XL Rejection: The Canadian Perspective

Exclusive Interview: what does the U.S. rejection of the Keystone XL pipeline mean for future cross-border projects?

In this exclusive interview with Oil & Gas 360®, Tim McMillan, President and CEO of the Canadian Association of Petroleum Producers (CAPP), discusses …

Halliburton Raising $7.5 Billion, Baker Hughes Merger Talk Heats Up

Halliburton Raising $7.5 Billion, Baker Hughes Merger Talk Heats Up

Capital will be raised in Five Tranches

Advocates for the highly scrutinized merger between Halliburton (ticker: HAL) and Baker Hughes (ticker: BHI) possibly received the most positive news to date in a news release issued on November 5, 2015.

Halliburton, …

What’s Next for Keystone XL?  TransCanada’s Keystone Chief Spells it Out

What’s Next for Keystone XL? TransCanada’s Keystone Chief Spells it Out

 An interview with Corey Goulet, President of Keystone projects for TransCanada.


Editor’s Note: In March 2015, Oil & Gas 360® interviewed Corey Goulet, boss of the Keystone XL pipeline project. Today (Nov. 6, 2015), the U.S. State Department and the

Source: Energy.gov

Congressional Committee Attempting to Reverse 2 EPA Rules that would do More Harm than Good

House Energy and Power Subcommittee passes resolutions to stop overreach of one federal agency

This week, the Energy and Power Subcommittee, chaired by Rep. Ed Whitfield (R-KY), passed two resolutions, H.J. Res 71 and H.J. Res 72, disapproving of …

November 5, 2015 - 3:26 pm Closing Bell Story‎, Oil and Gas 360 Articles, Regulatory
Noble Energy: Eastern Mediterranean Gas Shortfalls will more than Double by 2025

Noble Energy: Eastern Mediterranean Gas Shortfalls will more than Double by 2025

Noble Energy Eyes Growing Gas Market

Eastern Asia is generating plenty of interest for its future natural gas needs, but Noble Energy (ticker: NBL) believes its own substantial opportunity lies below the sea floor of the Eastern Mediterranean.

Noble has …

Saudi Arabia will Monitor Spending: Bloomberg

Saudi Arabia will Monitor Spending: Bloomberg

Global Oil Industry Reacts to Commodity Crash by Downsizing

Saudi Arabia, a nation dependent on oil exports for 80% of budget revenues, 45% of gross domestic product and 90% of export earnings, is rumored to be creating a government division …

November 2, 2015 - 4:40 pm Oil and Gas 360 Articles, OPEC, Regulatory
Source: WPX

EDF’s Krupp Keynotes 5th Natural Gas Symposium

The times they are a-changing

To have a natural gas symposium keynote speaker be the leader of a vocal green energy organization like the Environmental Defense Fund may seem like an oxymoron, but when you consider the large university venue, …

Oil & Gas 360 Energy News

Are MLPs Losing Favor?

Back in November 2014, Oil & Gas 360® asked an analysts who follows the MLP space closely  if MLPs were a fad. He responded, “This is like asking me if Western Civilization is a fad.”

That exchange occurred on Nov. …

October 30, 2015 - 1:54 pm MLPs, Oil and Gas 360 Articles, Regulatory
Interior Department Puts Alaska Offshore Lease Programs on Ice

Interior Department Puts Alaska Offshore Lease Programs on Ice

Arctic Offshore Leases Cancelled Through 2017; Shell, Statoil Fail to Extend Leases

The Chukchi Sea’s 29 billion barrels (U.S. Bureau of Ocean Energy Management’s estimate of BOE) will have to wait for better times.

The U.S. Department of Interior announced …

October 19, 2015 - 6:05 pm Arctic, Offshore, Oil and Gas 360 Articles, Regulatory
Local Control: Colorado Releases Draft Regulations

Local Control: Colorado Releases Draft Regulations

New regulations aimed at mitigating effects of oil and gas near urban areas

The Colorado Oil and Gas Conservation Commission (COGCC) released the draft proposal for two new regulations after more than a year of consideration from the Colorado Oil …

Pipe destined for TransCanada’s Keystone XL pipeline is stockpiled near Gascoyne, N.D. (CBC)

Pipelines Figure Prominently in Canada’s PM Race

The race for the position of Canadian Prime Minister continues as the October 19 elections approach, and candidates continue to spar over the importance of various pipeline projects throughout Canada. National polls last week showed the Conservatives at 31%, the …

October 5, 2015 - 1:33 pm Canada, Midstream, Oil and Gas 360 Articles, Regulatory
A Tale of Two Politicians: Stark Differences in Energy Policy between Bush, Clinton

A Tale of Two Politicians: Stark Differences in Energy Policy between Bush, Clinton

The bloodlines of Jeb Bush and Hillary Clinton both run deep in the American political scene. Both have a history, directly and indirectly, in the Oval Office – the same office a slew of candidates are vying for in 2016.…

Wyoming Court Files Injunction against Federal Fracing Rules

Wyoming Court Files Injunction against Federal Fracing Rules

Judge Scott Skavdahl Blocks Proposed Government Regulations

The final day of September marked the end of Q3’15 for the majority of oil and gas companies. The same definitive timeframe doesn’t apply for hydraulic fracturing on Federal lands, which created a …

EPA Sets Ozone Regulations for 70 PPB

EPA Sets Ozone Regulations for 70 PPB

Regulations less strict than originally considered, but could still be damaging

The U.S. Environmental Protection Agency (EPA) has adopted stricter limits on smog emissions, forcing states to reduce the amount of emissions they produce. The new National Ambient Air Quality …

October 1, 2015 - 5:01 pm Oil and Gas 360 Articles, Regulatory
Thirteen States Release Joint Report on Seismic Activity

Thirteen States Release Joint Report on Seismic Activity

StatesFirst Report Covers Effects from Disposal Wells, NOT Hydraulic Fracturing

StatesFirst, a joint initiative led by the Interstate Oil and Gas Compact Commission (IOGCC) and the Ground Water Protection Council (GWPC), has released guidance and findings related to reports of …

Michael Teague, Energy Secretary of Oklahoma, Speaks with OAG360 about Regulations and State Energy Programs

Michael Teague, Energy Secretary of Oklahoma, Speaks with OAG360 about Regulations and State Energy Programs

The United States technological revolution has made rock stars out of flashy, emerging new plays like the Bakken, Niobrara and Utica. And everybody wants to get in on the next hot area.

OKrigsOklahoma, on the other hand, is old school. …

API: Oil and Gas Industry’s $90 Billion Investments are a “Driving Force” in Emissions Reduction

API: Oil and Gas Industry’s $90 Billion Investments are a “Driving Force” in Emissions Reduction

Oil and gas sector leading the way emissions technology investments from 2000 to 2014

Since 2000, the oil and gas industry has invested more capital in carbon emission technologies than the automotive, electric utilities and agriculture processor sectors combined, according …

We Oppose Lifting of Oil Export Ban: White House

We Oppose Lifting of Oil Export Ban: White House

Press Secretary Takes Jabs at Republicans, Energy Subsidies in Media Briefing

The crude oil export ban, a hot topic among industry and American security pundits alike, appears likely to land in the House of Representatives this month. The efforts are …

Can Cheniere Energy Fend off LNG Headwinds? Carl Icahn Thinks So

Can Cheniere Energy Fend off LNG Headwinds? Carl Icahn Thinks So

Did Cheniere Squeeze through a Closing Door?

Carl Icahn has followed up his August purchase of 19.4 million Cheniere Energy (ticker: LNG) shares by purchasing another 3.3 million shares, increasing his stake in the company to about 9.59%. Icahn’s group …

September 15, 2015 - 5:44 pm Downstream, LNG, Midstream, Oil and Gas 360 Articles, Regulatory