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Reduce Industry’s Methane Leaks to Boost U.S. Natural Gas Supply, Says Biden EPA

Reduce Industry’s Methane Leaks to Boost U.S. Natural Gas Supply, Says Biden EPA

Curbing methane leaks from oil and natural gas operations would increase supplies pledged to Europe and help to reduce the impacts from climate change under a proposed rulemaking by the Biden administration. The updated rulemaking issued Friday (Nov. 11) by the U.S. The Environmental Protection Agency (EPA) would impact thousands of natural gas and oil…

November 14, 2022
API: European LNG Demand, Role of U.S. Natural Gas Outpaces Previous Estimates

API: European LNG Demand, Role of U.S. Natural Gas Outpaces Previous Estimates

The European Union has made significant progress to replace Russian natural gas, but an abrupt stop to pipeline flows could mean future U.S. LNG projects will be the key to rebalancing energy markets on the continent, industry groups highlighted in a new analysis. In a new report by Rystad Energy AS, conducted for the American…

September 26, 2022
Why Is Inflation Reduction Act a Big Deal for Natural Gas, Oil Industries?

Why Is Inflation Reduction Act a Big Deal for Natural Gas, Oil Industries?

The U.S. Senate on Sunday passed a massive spending bill that would invest hundreds of billions of dollars to reshape the energy sector and try to slow climate change, creating far-reaching implications for oil and natural gas, as well as the economy broadly. The Inflation Reduction Act includes an estimated $370 billion over 10 years…

August 8, 2022
API Calls on Biden Administration to Fast-Track LNG Export Approvals

API Calls on Biden Administration to Fast-Track LNG Export Approvals

The American Petroleum Institute (API) has put forth a 10-point policy plan it wants the Biden administration to adopt to promote U.S. oil and natural gas production – and ease the global energy crisis. “As energy costs and geopolitical instability around the world continue to rise, API is calling on policymakers to confront the global…

June 21, 2022
Biden Urged by Industry to Speed Up LNG Exports, Streamline Natural Gas Permitting

Biden Urged by Industry to Speed Up LNG Exports, Streamline Natural Gas Permitting

The American Petroleum Institute (API) has put forth a 10-point policy plan it wants the Biden administration to adopt to promote U.S. oil and natural gas production – and ease the global energy crisis. “As energy costs and geopolitical instability around the world continue to rise, API is calling on policymakers to confront the global…

June 15, 2022
Biden Administration Says Five-Year Offshore Leasing Program Coming in June

Biden Administration Says Five-Year Offshore Leasing Program Coming in June

The Department of the Interior (DOI) will release a proposed five-year offshore oil and gas leasing program by the current program’s expiration date of June 30, Secretary of the Interior Deb Haaland said Thursday. Haaland confirmed DOI’s intentions during testimony before the Senate Committee on Energy and Natural Resources. She said the Trump administration had…

May 23, 2022
SEC’s Draft Climate Disclosure Rule Drawing Concern within Oil, Natural Gas Industry

SEC’s Draft Climate Disclosure Rule Drawing Concern within Oil, Natural Gas Industry

The U.S. Securities and Exchange Commission (SEC) is facing pushback across the energy sector after issuing a draft rule that could require public companies to disclose more information about their emissions and their strategies. In a 3-1 decision earlier this week, the SEC voted to propose a groundbreaking rule that would force companies to intimate…

March 24, 2022
API Updates Emissions Guide to Progress ‘Climate Solutions’ by Oil, Natural Gas Industry

API Updates Emissions Guide to Progress ‘Climate Solutions’ by Oil, Natural Gas Industry

The American Petroleum Institute (API) has updated its 20-year-old “foundational reference” for oil and natural gas operators to use in reporting greenhouse gas (GHG) emissions The newly unveiled fourth edition of the Compendium of GHG Emissions Methodologies for the Natural Gas and Oil Industry includes expanded methodologies for liquefied natural gas, as well as carbon…

November 12, 2021
API, Energy Trade Groups Sue to End Oil and Gas Leasing Pause on Federal Lands, Waters

API, Energy Trade Groups Sue to End Oil and Gas Leasing Pause on Federal Lands, Waters

A consortium of oil and gas industry groups said Monday they had sued the U.S. Department of the Interior (DOI) to reverse its decision this year to indefinitely freeze oil and natural gas leasing on federal lands and waters. In the lawsuit filed in the U.S. District Court for the Western District of Louisiana, the…

August 16, 2021
Legal Battles Loom as Biden Order Pauses Federal Oil, Natural Gas Leasing

Legal Battles Loom as Biden Order Pauses Federal Oil, Natural Gas Leasing

The U.S. oil and gas industry reacted with dismay and the first of perhaps multiple lawsuits Wednesday ahead of an executive order (EO) by President Biden directing the Department of the Interior (DOI) to pause new oil and natural gas leasing on federal lands and offshore waters. The EO published Wednesday afternoon follows a 60-day…

January 27, 2021
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