Rewrites throughout to add discussion of higher prices, adds quote and other signatories in paragraphs 3-4, Exxon comment in paragraphs 8-9. U.S. Senate Majority Leader Charles Schumer and 22 other Democratic senators wrote to the U.S. Federal Trade Commission …
(Bloomberg) – A century after the U.S. set aside a broad swath of northwest Alaska to be used as an emergency oil supply, the Biden administration is pursuing changes that could make it impossible to harvest crude from …
(Bloomberg) – Senator Joe Manchin called on the Biden administration to swiftly auction drilling rights in the Gulf of Mexico, following a federal appeals court ruling Thursday that casts doubt on the future of that oil lease sale.…
AUSTIN – The Railroad Commission of Texas assessed $2,425,495.50 in fines involving 597 enforcement dockets against operators and businesses at the Commissioners’ Conference on Tuesday. The Commission has primary oversight and enforcement of the state’s oil and gas …
HOUSTON – Venezuelan state-run oil company PDVSA has begun contacting customers with crude supply contracts amid the temporary lifting of U.S. sanctions, two people familiar to the matter said on Thursday, moving to resume cash sales to global refiners.…
HOUSTON -Oil futures fell on Monday on a report the U.S. and Venezuela could soon reach a deal to ease sanctions on Venezuela if a presidential election date is set, while traders see the Israel-Hamas conflict not affecting crude …
AUSTIN- For the first time in nearly 40 years, the Railroad Commission’s Statewide Rule 8 will undergo a substantial overhaul to better reflect modern waste management practices and recent advancements in oil and natural gas production methods.
One …
(WO) – The American Petroleum Institute urged the Biden administration to revise the proposed Subpart W greenhouse gas (GHG) reporting rule so that it reflects the progress industry has made to reduce emissions, increases transparency and accuracy of …
A Los Angeles judge this week refused to overturn a county’s decision prohibiting Exxon from using tanker trucks to move crude oil from offshore platforms to refineries after the rupture of a pipeline seven years ago.
The pipeline, …
(Bloomberg) –Shale billionaire Harold Hamm, who has backed several Republican presidential candidates for election in 2024, called for the end of back-and-forth U.S. energy policy that raises costs from one administration to the next.
The founder of Continental …
(Bloomberg) – The Biden administration has been ordered by a federal judge to expand its sale of Gulf of Mexico oil leases later this month. The Louisiana-based judge concluded that the Interior Department probably moved wrongly at “the …
(WO) – The Alaska Industrial Development and Export Authority (AIDEA) announced that it will fight the Department of Interior’s acts against the 1002 area leases. In 2020, AIDEA made lawful bids and was legally awarded land leases …
Senator Joe Manchin is calling for faster approval of high-voltage power lines as part of the permitting reform he has been seeking to pass for months. Manchin, Chairman of the Senate Energy and Natural Resources Committee, is calling …
WASHINGTON — The American Petroleum Responsible development of federal lands is critical for meeting the growing demand for affordable, reliable energy while reducing emissions. Amidst a global energy crisis, this action from the Department of the Interior is …
Several small U.S. refiners plan to challenge in court last week’s decision by the Environmental Protection Agency (EPA) to deny waivers to refiners who had asked to be exempted from the biofuel blending requirements, one of the refiners, …
Publisher’s Note: Bayswater will be presenting at the 28th annual EnerCom Denver – The Energy Investment Conference that brings together energy companies, investors, analysts, and key industry leaders. Register to attend at www.enercomdenver.com
(WO) – Bayswater Exploration …
The oil markets continue to be volatile and unpredictable, with WTI and Brent crude making significant gains on Tuesday’s morning session just a day after prices took a big plunge on growing Wall Street bearishness.
At 10:13 a.m. …
WASHINGTON, May 30, 2023 — The American Petroleum Institute (API) announced that Dustin Meyer has been promoted to Senior Vice President of Policy, Economics and Regulatory Affairs.
Meyer previously served as API’s Vice President of Natural Gas Markets, …
This week, the Interstate Oil and Gas Compact Commission (IOGCC) approved Resolution 23.053 offered by Texas Railroad Commissioner Jim Wright, urging the U.S. Department of the Interior to follow the statutory language passed by Congress with respect to
The Railroad Commission of Texas assessed $3,515,243 in fines involving 283 enforcement dockets against operators and businesses at the Commissioners’ Conference on Wednesday.
The Commission has primary oversight and enforcement of the state’s oil and gas industry and …
Senator Joe Manchin introduced a new bill on Tuesday aimed at accelerating the permitting process for oil, gas, renewables, mineral extraction, and power transmission projects to address domestic energy security.
The Democratic Senator of coal and natural gas-producing …
NEW YORK – The U.S. government could delay a decision on giving electric vehicle (EV) manufacturers tradable credits under a renewable fuel scheme, due to concern about legal challenges to the plan, two sources familiar with the matter said.…
WASHINGTON, April 10, 2023 – The American Petroleum Institute (API) is urging the Biden administration to address the broken permitting process that is halting U.S. energy development. In a comment letter submitted to the White House Council on …
A Republican sponsored energy bill passed the House on Thursday that seeks to promote oil and gas production in the United States, as well as repeal parts of Biden’s Inflation Reduction Act.
H.R. 1 passed the House by …
WASHINGTON – The Republican-controlled U.S. House of Representatives is expected to vote on its first major legislation of the year on Thursday, a partisan energy bill that poses an early test of unity for House Speaker Kevin McCarthy’s majority.…
(Bloomberg) — Republicans are floating legislation that would ease energy permitting in exchange for raising the US debt ceiling, creating a potential path to avoid a default.
The White House is still insisting on a bill that …
The Biden administration plans to send Mexico an “act now or else” message in coming weeks in an attempt to break a stalemate in an energy trade dispute as bipartisan calls grow for the U.S. to get tougher …
The Republican Party is preparing to introduce its first major legislation since it took control of the House of Representatives in the November midterm elections. The GOP wants to use its House majority to push through a major …
The Independent Petroleum Association of America (IPAA) is supportive of multiple House bills that will be marked up in hearings in the Energy and Commerce Committee and the House Natural Resources Committee.
In the Energy and …
