Regulatory

Photo by Greg Albrechtsen, Sage Grouse Initiative

Executive Order from Colorado’s Gov. Hickenlooper Could Affect Oil and Gas

New order from the Colorado governor hopes to protect greater sage grouse

An executive order signed by Colorado’s Governor John Hickenlooper last week aims to keep the greater sage grouse off the endangered and threatened species lists. The order puts …

B.C. LNG Project Hits Speedbump, U.S. LNG Moves Forward

B.C. LNG Project Hits Speedbump, U.S. LNG Moves Forward

Environmental concerns in Canada prompt First Nations to turn down $1 billion offer

A First Nations group in British Columbia has unanimously voted against allowing a liquefied natural gas ship terminal near the community. The terminal would be part of …

May 14, 2015 - 4:01 pm Canada, LNG, Oil and Gas 360 Articles, Regulatory
Which is the Best State for Business?

Which is the Best State for Business?

Chief Executive Magazine Canvased CEOs across the U.S. to Create its 11th Annual Ranking

Texas came in at the top of the list of “Best States for Business,” retaining its 2014 title. At the bottom in the eyes of …

Gary Herbert, Governor of Utah: Energy Needs to Go Out and Compete…

Gary Herbert, Governor of Utah: Energy Needs to Go Out and Compete…

An OAG360® Exclusive: Interview with Gary Herbert, Governor of Utah

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Today, Utah has one of the lowest levels of unemployment in the United States, second only to North Dakota. The impressive levels of job growth the …

At What Point Will Renewable Energy be Able to Replace Fossil Fuels?

At What Point Will Renewable Energy be Able to Replace Fossil Fuels?

Renewable Energy vs. Fossil Fuels:  Sprint or Cross Country?

Last week Tesla Motors’ (ticker: TSLA) innovation-infused CEO Elon Musk unveiled the latest offering from the all-electric auto maker: a new home battery. This battery is an enlarged version of the …

May 8, 2015 - 3:29 pm Oil and Gas 360 Articles, Popular, Regulatory
Source: aim.org

Proposed IRS Ruling on MLPs: Disagreement on What it Means

The IRS issued a proposed rule on the scope of qualifying income for MLPs

In April of 2014, the IRS put a temporary pause on private letter rulings (PLRs) regarding what business qualified for tax-free inclusion in energy master limited …

May 8, 2015 - 11:24 am MLPs, Oil and Gas 360 Articles, Regulatory
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.…

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 …

Petrobras Finalizes Audits, Writes down $17 Billion in Q4’14

Petrobras Finalizes Audits, Writes down $17 Billion in Q4’14

Total Debt now Exceeds $100 Billion

The long awaited financial results of supergiant Petrobras (ticker: PBR) were finally issued on April 22, 2015. The end result: $16.8 billion in write-offs, including $2.5 billion in charges directly related to bribery and …

With 50 Billion Barrels Awaiting the Drill Bit, Alaska’s New Governor wants to Slash the Time Between Lease Acquisition and Drill Rotation

With 50 Billion Barrels Awaiting the Drill Bit, Alaska’s New Governor wants to Slash the Time Between Lease Acquisition and Drill Rotation

An OAG360® Exclusive: Interview with Alaska Governor Bill Walker

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Alaska’s North Slope has produced more than 17 billion barrels of oil since the discovery of the Prudhoe Bay oil field in 1968, when Arco’s Prudhoe …

DOI Looks to Raise Royalties

DOI Looks to Raise Royalties

Drilling on Federal Lands could get more expensive

The Department of the Interior (DOI) recently announced a notice of proposed rulemaking that would change the price structure used for royalties on federal lands. The Bureau of Land Management (BLM) is …

U.S. DOE Releases First Quadrennial Energy Review

U.S. DOE Releases First Quadrennial Energy Review

QER Calls for Modernizing the Nation’s NatGas Transmission and Distribution Systems

On April 21, the administration released the first installment of its first Quadrennial Energy Review (QER), described as the first-ever comprehensive study of the nation’s energy infrastructure, which identifies …

April 22, 2015 - 9:37 am Oil and Gas 360 Articles, Regulatory
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 …

Litigation Moving Forward to Lift Broomfield Frac Ban

Litigation Moving Forward to Lift Broomfield Frac Ban

A district court judge allows litigation to lift a Colorado frac ban to proceed

District Court Judge C. Scott Crabtree has decided not to dismiss a motion from the Colorado Oil & Gas Association (COGA) to lift a local moratorium …

April 17, 2015 - 1:00 pm Fracing, Oil and Gas 360 Articles, Regulatory
American Energy Partners Subsidiary Settles Lawsuit with Chesapeake

American Energy Partners Subsidiary Settles Lawsuit with Chesapeake

Not Supported by AEP Founder McClendon

The latest chapter of the Aubrey McClendon/Chesapeake (ticker: CHK) saga has closed. For now.

On April 14, 2015, a subsidiary of American Energy Partners (AEP) agreed to hand over 6,000 acres in Ohio and …

Chart of the Week: How much do States Rely on Severance Taxes?

Chart of the Week: How much do States Rely on Severance Taxes?

$16.7 billion in 2013

Tax season is nearing a close for Americans, and earnings season is just around the corner for oil and gas companies preparing their quarterly results. E&Ps and service providers have felt the impact from the oil …

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

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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 …

Report: Lifting the Export Ban will Boost Midstream Investment

Report: Lifting the Export Ban will Boost Midstream Investment

The export ban is keeping U.S. crude prices down

The crude export ban in the United States is often referred to as an antiquated piece of legislation that prevents U.S. light sweet crude oil from reaching international markets. Much of …

April 14, 2015 - 5:55 pm Midstream, Oil and Gas 360 Articles, Regulatory
Wyoming Governor Matt Mead

An OAG360® Exclusive: Interview with Matt Mead, Governor of Wyoming

“Energy prices touch everything we do.”

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Wyoming is the most energy intensive state. It’s the largest U.S. coal producer, producing about 40% of total coal mined per year in the U.S. It’s the country’s eighth most …

April 10, 2015 - 4:39 pm Oil and Gas 360 Articles, Regulatory, Straight Answers
If species gains the U.S. Fish and Wildlife's recommended "endangered" designation in April, shale, wind energy developers could be affected.

Northern Long-eared Bat Added to the Threatened Species List

The U.S. Fish and Wildlife Service (FWS) announced the northern long-eared bat is now classified as a threatened species under the Endangered Species Act (ESA). This new designation allows the FWS to create regulations that protect the animal from becoming …

April 2, 2015 - 5:40 pm Oil and Gas 360 Articles, Regulatory
Approved: Hydraulic Fracturing Allowed under Ohio River

Approved: Hydraulic Fracturing Allowed under Ohio River

The West Virginia Department of Commerce will allow hydraulic fracturing under the Ohio River, according to reports from local media outlets. The state had previously leased out about 474 acres of land in Marshall and Wetzel counties and retains a …

Senate Democrats Call on White House to Fix “Outdated” Rail Cars

Senate Democrats Call on White House to Fix “Outdated” Rail Cars

H.R. 1679, addressing “the safe transportation of Bakken crude oil by rail,” was introduced to the United States Senate on March 26, 2015, one day after a the S.859 bill was issued regarding oil volatility and increased railroad transportation safety. …

March 27, 2015 - 7:12 pm Oil and Gas 360 Articles, Oilfield Services, Regulatory
Maryland House Votes in Favor of Fracing Moratorium

Maryland House Votes in Favor of Fracing Moratorium

Both the Maryland House and Senate pass bills restricting hydraulic fracturing

Both chambers of the Maryland General Assembly passed separate bills Tuesday aimed at curbing hydraulic fracturing in the state. The measures are the most aggressive action the legislature has …

March 27, 2015 - 11:28 am Fracing, Oil and Gas 360 Articles, Regulatory
Texas Senate Committee Moves Forward with “Denton Fracing Rule”

Texas Senate Committee Moves Forward with “Denton Fracing Rule”

New Bill would limit local control over oil and gas activities across Texas

A Texas state Senate subcommittee voted unanimously to pass legislation being dubbed the “Denton fracing bill.” The proposal would limit local control over oil and gas activities …

March 25, 2015 - 6:25 pm Fracing, Oil and Gas 360 Articles, Regulatory
Source: Rosneft

Charleston City Council Votes Against Offshore Drilling

Some council members wanted more time to consider the matter

Charleston City joined over 40 other coastal communities that have decided to vote against allowing offshore drilling near the coast. The city council voted 7-5 to support a resolution opposing …

March 25, 2015 - 6:19 pm Offshore, Oil and Gas 360 Articles, Regulatory
New Fracing Rules from the Department of the Interior

New Fracing Rules from the Department of the Interior

The U.S. Department of the Interior announces new guidelines for hydraulic fracturing on federal land

Earlier today, the Department of Interior (DOI) released a final rule to update regulations governing hydraulic fracturing on public and American Indian lands after four …

March 20, 2015 - 6:46 pm Oil and Gas 360 Articles, Regulatory
LNG Outlook in Limbo

LNG Outlook in Limbo

Is LNG Development Dying as Oil Prices Slide?

The idea of converting natural gas to liquid form in order to export vast amounts of U.S. shale gas to international customers has caught the attention of U.S. drillers, energy export entrepreneurs …

March 20, 2015 - 4:53 pm LNG, Oil and Gas 360 Articles, Regulatory