EPA – Page 2 – Oil & Gas 360

Oil and gas, trucker, agriculture trade groups unite to fight EPA’s “unworkable” emissions rule for heavy-duty vehicles

June 21, 2024

World Oil (WO) – The American Petroleum Institute (API) filed a lawsuit in the D.C. Circuit Court of Appeals challenging the U.S. Environmental Protection Agency’s (EPA) heavy-duty (HD) vehicle emissions standards for model years (MY) 2027-2032. “Today, we are standing up for consumers who rely on trucks to deliver the goods they use every single day,” said API Senior Vice

U.S. CO2 emissions down 17% since 2005, despite 2022 increase

April 15, 2024

Oil Price U.S. greenhouse gas emissions rose 1.3% in 2022, reflecting post-COVID economic recovery, but declined 17% since 2005, according to the Environmental Protection Agency’s (EPA) Annual US Greenhouse Gas Inventory (GHG Inventory), released every April. The EPA’s neutral policy report has been released annually since its inception in 1993, in accordance with the Paris Agreement and the United Nations

Texas challenges Biden’s methane rule that is “detrimental” to U.S. oil and gas industry

March 11, 2024

World Oil (WO) – The Environmental Protection Agency (EPA) published the Methane Rule in the Federal Register on Friday, March 8. Texas is challenging this rule, which is detrimental to the oil and gas industry, which is not only vital to the state’s economy, but has also made great strides in emissions reduction. RRC Commissioners voted in late January to

IPAA: EPA’s “overbearing” methane regulations to harm U.S. oil, natural gas producers

January 9, 2024

World Oil WASHINGTON – Independent Petroleum Association of America (IPAA) President and CEO Jeff Eshelman released a statement ahead of the House Energy and Commerce Committee hearing on Wednesday, Jan. 10 at 10:00 a.m. ET examining Environmental Protection Agency (EPA) actions affecting American oil and natural gas operations, particularly those regulations and programs related to methane emissions. IPAA President &

EPA’s new carbon pollution standards have “significant flaws,” Chamber analysis shows

June 29, 2023

World Oil (WO) — A new analysis by the U.S. Chamber’s Global Energy Institute finds significant flaws with the methodology used in EPA’s new carbon pollution standards for coal and natural gas-fired power plants. “The Chamber strongly supports a low carbon transition and has been among the biggest supporters of investments in research, development and deployment of advanced nuclear, renewables,

US government may delay decision on electric vehicles biofuel program

May 1, 2023

Nasdaq 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. The plan would have given EV automakers such as Tesla TSLA.O credits for charging vehicles using power generated from renewable natural gas,

Biden administration defers plan to tackle smog from oil drillers in Permian Basin

January 6, 2023

World Oil (Bloomberg) — The Biden administration is deferring a plan to crack down on smog in the drilling hotbed of the Permian Basin, handing a win to oil producers along with their allies in Texas and New Mexico. The Environmental Protection Agency had been considering formally labeling parts of the region as violating federal air quality standards for ozone

API responds to EPA’s supplemental proposed methane rule

November 11, 2022

World Oil (WO) – The American Petroleum Institute (API) released the following statement Friday from Senior Vice President of Policy, Economics and Regulatory Affairs Frank Macchiarola in response to the Environmental Protection Agency’s (EPA) supplemental proposed methane rule: “API looks forward to reviewing the proposed rule in its entirety and will continue to work with EPA in support of a

Exclusive: Biden EPA to tackle coal industry carbon with rules on other pollutants

July 29, 2022

Yahoo News GUAYAMA, Puerto Rico – The U.S. Environmental Protection Agency plans to use new limits on traditional pollutants like ozone and coal ash to help encourage the retirement of the nation’s remaining coal-fired power plants, after the Supreme Court limited the agency’s ability to impose sweeping climate regulations, according to EPA chief Michael Regan. The approach reflects how the

Texas oil and gas regulatory chairman applauds Supreme Court’s rollback of EPA overreach

July 1, 2022

World Oil AUSTIN – The U.S. Supreme Court’s decision on the Environmental Protection Agency’s (EPA) federal overreach with the Clean Air Act is a win for good government, American energy producers and for hardworking taxpayers who simply need cheap, plentiful and reliable energy, Railroad Commission of Texas Chairman Wayne Christian said. “SCOTUS is on a roll and continues to get

Permian Basin facing new environmental rules that could curb drilling

June 27, 2022

World Oil (Bloomberg) — The Biden administration is considering triggering tougher anti-smog requirements that could curb drilling across parts of the Permian Basin, the world’s biggest oil field that straddles Texas and New Mexico. The Environmental Protection Agency is weighing labeling parts of the Permian Basin as violating federal air quality standards for ozone — a designation that would force state regulators to

Troubled Caribbean refinery seeks bankruptcy as lenders balk at injecting more cash

July 13, 2021

Reuters The owners of Limetree Bay, a Caribbean refinery that was once the largest in the Western Hemisphere, filed for bankruptcy on Monday after lenders balked at putting new cash into a project dogged by cost overruns and regulatory troubles. The St. Croix refinery overhaul was the most expensive effort in nearly a decade to expand refining capacity in the

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