Regulatory

House Set to Vote on Export Ban in September

House Set to Vote on Export Ban in September

House Majority Leader expected to announce vote today

Oil companies have been pushing hard in the last year to see the end of a four-decade-old ban on the export of U.S. crude oil. “The growing supply of American oil is …

September 15, 2015 - 2:47 pm Oil and Gas 360 Articles, Politics & Opinions, Regulatory
Williams Companies Weighing Takeover Offers; Energy Transfer Still in the Picture 

Williams Companies Weighing Takeover Offers; Energy Transfer Still in the Picture 

Analysts have pegged scores of oil and gas companies as potential takeover targets in the new commodity environment, but Williams Companies (ticker: WMB) is one of the few who has remained in the acquisition spotlight ever since a failed takeover

September 14, 2015 - 7:02 pm Downstream, Midstream, MLPs, Oil and Gas 360 Articles, Regulatory
United States, Mexico Integrate Energy Industries with Crude Oil Swaps

United States, Mexico Integrate Energy Industries with Crude Oil Swaps

Mexico’s rapidly changing oil and gas industry took another step forward last month, reaching an agreement with the United States Bureau of Industry and Security to swap crude oil depending on its respective grades. U.S. refineries, particularly on the Gulf …

September 10, 2015 - 7:02 pm International, Oil and Gas 360 Articles, Regulatory
Interview with Marwood Group VP of Energy Research Jeb Armstrong at The Oil & Gas Conference® 20

Interview with Marwood Group VP of Energy Research Jeb Armstrong at The Oil & Gas Conference® 20

Jeb Armstrong, Vice President of Energy Research at the Marwood Group, speaks to Oil & Gas 360® at The Oil & Gas Conference® 20 in Denver about government regulations and their impact on the future of the energy industry.

September 10, 2015 - 10:49 am Oil and Gas 360 Articles, Regulatory, Straight Answers, Videos
New England Power Consumers: Winter is Coming

New England Power Consumers: Winter is Coming

Residents of the northeast United States are likely to dismiss any notion of the upcoming winter season (it was 90 degrees in Boston today), but the chilly months that accompany football season are indeed approaching.

Winter for New Englanders also …

September 9, 2015 - 5:22 pm Midstream, Oil and Gas 360 Articles, Regulatory
Presidential Candidates on Energy: Clinton

Presidential Candidates on Energy: Clinton

Clinton Favors Clean Energy Grants and Tax Incentives, Deep Decarbonization

Former U.S. Senator from New York, former Secretary of State and former First Lady Hillary Clinton issued her position on energy on her website earlier this summer.

As reported by …

September 9, 2015 - 1:10 pm Oil and Gas 360 Articles, Politics & Opinions, Regulatory
Presidential Candidates on Energy:  Sanders

Presidential Candidates on Energy: Sanders

Sanders wants to kill Keystone, transform system away from fossil fuels

Vermont Senator Bernie Sanders, campaigning for the Democrat Party nomination for president, issued statements about his energy position after the administration’s Clean Power Plan was announced in August.

As …

September 4, 2015 - 1:01 pm Oil and Gas 360 Articles, Politics & Opinions, Regulatory
Presidential Candidates on Energy: Rubio

Presidential Candidates on Energy: Rubio

Rubio favors lifting the crude oil export ban

Florida Senator Marco Rubio, campaigning for the 2016 Republican presidential nomination at an oil and gas event in Oklahoma, voiced his stance on some energy policies yesterday.

According to an AP report, …

September 3, 2015 - 5:56 pm Oil and Gas 360 Articles, Politics & Opinions, Regulatory
Removing Crude Oil Export Ban Would Reduce Gasoline Prices, Says EIA

Removing Crude Oil Export Ban Would Reduce Gasoline Prices, Says EIA

The Energy Information Administration (EIA) published its findings regarding the removal of the crude oil export ban on September 1, 2015, finalizing a series of studies that have spanned dating back to May 2014. The EIA took a cautious approach …

Federal Judge Blocks EPA Ruling in 13 States

Federal Judge Blocks EPA Ruling in 13 States

North Dakota judge blocks Clean Water Rule in 13 states

Judge Ralph Erickson of the District Court for the District of North Dakota granted an injunction to 13 states last Thursday, blocking a new ruling from the Environmental Protection Agency …

September 1, 2015 - 10:41 am Oil and Gas 360 Articles, Regulatory
Opening Up the Global Energy Markets: U.S. LNG Exports are Only Months Away

Opening Up the Global Energy Markets: U.S. LNG Exports are Only Months Away

LNG: Energy CEOs talk about exporting U.S. shale gas to Europe, Asia

“We are changing the way the global natural gas markets are going to function”—Charif Souki, Cheniere Energy CEO

The exportation of liquefied natural gas (LNG) and crude oil …

August 24, 2015 - 5:20 pm LNG, Midstream, Oil and Gas 360 Articles, Regulatory
Wyoming Files Suit Opposing BLM Rule on Flaring - Oil & Gas 360 flare

New EPA Regulations set 45% Reduction Target on Methane from Oil, Natural Gas Drilling

New regulations target three main sources of emissions

The Environmental Protection Agency (EPA) announced earlier this week that it will set new regulations to lower methane emissions by 45% compared to 2012 levels. The move comes as part of an …

August 19, 2015 - 5:22 pm Oil and Gas 360 Articles, Regulatory
EPA Raises Emissions Reduction Goal by 2% in Final Clean Power Plan

EPA Raises Emissions Reduction Goal by 2% in Final Clean Power Plan

Latest version of the bill offers greater flexibility with higher standards

The Environmental Protection Agency (EPA) released its final version of the Clean Power Plan (CPP) today, with several changes made from the last version. The final version of the …

Refiners Ask EPA to Adjust Renewable Fuel Standards

Refiners Ask EPA to Adjust Renewable Fuel Standards

Refiners say making them the obligated party for fuel blending is “misguided”

Independent refiners are asking the Environmental Protection Agency (EPA) to shift responsibility for complying with biofuel programs from refiners to fuel blenders. Delta Airlines’ (ticker: DAL) Monroe Energy …

July 30, 2015 - 6:50 pm Downstream, Oil and Gas 360 Articles, Regulatory
Enhanced Oil Recovery Can Reduce World’s Carbon Emissions:  Western Governors

Enhanced Oil Recovery Can Reduce World’s Carbon Emissions: Western Governors

For every 2.5 barrels of oil produced, it is estimated that a typical commercial enhanced oil recovery (EOR) project can safely prevent one metric ton of CO2 from entering the atmosphere

As of 2014, approximately 13.6 million metric tons of

An OAG360 Exclusive Interview with Lynn Helms, Director of North Dakota’s Dept. of Mineral Resources

An OAG360 Exclusive Interview with Lynn Helms, Director of North Dakota’s Dept. of Mineral Resources

  • 925 wells on backlog in North Dakota: 6-7 month inventory

  • North Dakota can still reach 2 MMBOPD

By increasing its oil production to record levels, North Dakota’s economy has experienced a complete turnaround in the last handful of years, and …

Wyoming Judge Temporarily Halts New BLM Regulations in Four States

Wyoming Judge Temporarily Halts New BLM Regulations in Four States

BLM head Sally Jewell says old regulations were behind the times

U.S. District Judge Scott Skavdahl of Wyoming granted a request by Colorado, North Dakota, Utah and Wyoming to temporarily delay new Bureau of Land Management (BLM) regulations today

while …

Supreme Court Strikes Down Annual Spending of $10 Billion for EPA Regulations

Supreme Court Strikes Down Annual Spending of $10 Billion for EPA Regulations

The Supreme Court decides the $4-$6 million in benefits do not outweigh the $9.6 billion annual costs of new regulations

The Supreme Court decided today in a 5-to-4 decision that the Environmental Protection Agency’s (EPA) proposed regulations regarding limits on …

Montana Residents Want Buffer Zones for Oil & Gas Development

Montana Residents Want Buffer Zones for Oil & Gas Development

The coexistence of residential living and oil and gas operations has become an increasingly significant factor as the viability of hydrocarbon development has spread across the United States. Particularly in regard to shale drilling.

Colorado, North Dakota and Wyoming have …

Where You See a Depleted Oil Well, Quidnet Sees Green Energy Storage

Where You See a Depleted Oil Well, Quidnet Sees Green Energy Storage

With Hollywood seed funding, startup is testing abandoned oil and gas wells as grid-scale energy storage solution for wind and solar generation

“Our goal is to get to a cost point that’s potentially lower by a factor of about ten

Murkowski Report Suggests Using Executive Power to End Oil Export Ban

Murkowski Report Suggests Using Executive Power to End Oil Export Ban

Senate Committee on Energy & Natural Resources: exempt allies from export ban 

Senator Lisa Murkowski (R-AK) has been a vocal proponent of lifting the U.S. crude export ban during her time as head of the Senate Committee on Energy & …

Source: Gazprom. LNG Tanker

Western Australia’s Government will Sequester 15% of Production from Woodside LNG JV

Industry groups say the reservation policy adds unnecessary burdens on the project

Western Australia’s gas reservation policy has been applied to the Woodside Energy-led (ticker: WPL) Browse floating liquefied natural gas (FLNG) project, . The policy was started in 2006, …

U.S. Forest Service Withdraws Proposed Directive on Groundwater

U.S. Forest Service Withdraws Proposed Directive on Groundwater

Concerns over states’ rights prompt withdrawal of proposed regulation

The United Forest Service announced that it will withdraw its proposed rule on groundwater resource management, according to a release from the agency. Groups like the Western Governors Association were …

June 22, 2015 - 12:01 pm Oil and Gas 360 Articles, Regulatory
EPA Regulations Could Cost $140 billion per Year

EPA Regulations Could Cost $140 billion per Year

A new National Association of Manufacturers study shows EPA regulations could be the costliest ever

The Environmental Protection Agency (EPA) proposed changes to the National Ambient Air Quality Standards (NAAQS) that would further reduce the amount of nitrogen oxides in …

June 16, 2015 - 4:09 pm Oil and Gas 360 Articles, Regulatory
Drill Rig in Alaska - Oil & Gas 360

Can Shell Encourage Investment in Alaska’s Hydrocarbon Sector?

Protestors in petroleum-based kayaks may be dominating headlines in Seattle, but Royal Dutch Shell’s (ticker: RDS.B) state of the art rig may help revitalize a prominent part of the U.S. energy sector that has been in decline for more than …

EPA Lowers its Renewable Fuels Target Number

EPA Lowers its Renewable Fuels Target Number

The EPA hopes to make nearly 10% of all transportation fuels renewables by 2016epa-fuelstandard

The Environmental Protection Agency’s (EPA) recently released its annual Renewable Fuel Standard (RFS) program with goals for renewable fuels that apply to all gasoline and diesel …

June 11, 2015 - 6:11 pm Oil and Gas 360 Articles, Regulatory
West Coast LNG Projects Make Advancements

West Coast LNG Projects Make Advancements

Two large-scale liquefied natural gas (LNG) projects on North America’s west coast took another step forward in their development on June 1, 2015.

The Alaska LNG Project was granted approval by the United States Department of Energy to export LNG …

June 1, 2015 - 7:04 pm LNG, Oil and Gas 360 Articles, Regulatory
Halliburton, Transocean Reach Resolution with BP

Halliburton, Transocean Reach Resolution with BP

Companies Hope to Strengthen Relationship

On May 20, 2015, Halliburton (ticker: HAL) and BP plc (ticker: BP) announced a mutual agreement to resolve remaining issues relating to charges and indemnities from the Deepwater Horizon disaster. The incident occurred 61 months …

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 …