(World Oil)– The U.S. Senate on Tuesday voted to narrowly approve President Trump’s $3.3 trillion tax and spending package dubbed the ‘One Big Beautiful Bill.’ U.S. energy associations including the API, IPAA, NOIA and EWTC issued separate statements acknowledging the Senate’s decision as a victory for the U.S. oil and gas industry. “We applaud the Senate for passing the One
(World Oil) – Leaders from the National Ocean Industries Association (NOIA), American Petroleum Institute (API) and the Independent Petroleum Association of America (IPAA), issued statements today in support of the U.S. House of Representatives’ passage of the 2025 tax reconciliation bill. “House passage of this legislation is a significant milestone in advancing American energy dominance,” said NOIA President Erik Milito. “Many of
World Oil (WO) — Leading national energy associations have expressed strong backing for the Energy Permitting Reform Act of 2024, introduced by Senate Energy & Natural Resources Chairman Joe Manchin (I-WV) and Ranking Member John Barrasso (R-WY). This bipartisan bill aims to enhance American energy security by expediting the permitting process for key energy and mineral projects. Representatives from the
World Oil (WO) – In response to President Joe Biden’s comments on climate and oil and gas in his State of the Union address on Thursday night, Jeff Eshelman, President & CEO of the Independent Petroleum Association of America (IPAA) issued the following statement: “We are disappointed President Biden didn’t recognize the importance of America’s oil and gas global leadership.
World Oil (WO) – On Friday, the Independent Petroleum Association (IPAA) and 25 other state, regional and national oil and gas associations wrote to congressional leadership urging action on methane regulations that could have a detrimental impact on our nation’s energy supply. In their letter, the groups express “serious concerns regarding the impact of the Environmental Protection Agency’s (EPA) new
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 &
World Oil 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 Commerce Committee, IPAA supports the “Protecting American Energy Production Act” sponsored by Congressman Duncan (R-SC). This legislation prohibits the President
World Oil (WO) — The Independent Petroleum Association of America (IPAA) board of directors on Monday has appointed Steven H. Pruett, the president and CEO of Elevation Resources LLC, as board chairman for the 2022-2024 term. Pruett comes into this role after serving the past term as the association’s vice chairman. “Steve’s energy and enthusiasm are assets the IPAA
Improving Safety at Well Sites At this week’s Independent Petroleum Association of America (IPAA) meeting, Integrated Environmental Technologies (ticker: IEVM) gave a presentation about its Excelyte™ biocide, which the company says can be used to virtually eliminate hydrogen sulfide (H2S) and bacteria from the oil and gas wells where it is used. Saving Producers $350-$800 per Well per Month IET
