Api

President Biden, who has championed a zero-carbon emissions future, on Tuesday acknowledged that the United States would need oil and natural gas for at least another decade. However, his silence on exploration and production permitting reform was deafening for some politicos and industry groups. The comments were not part of the prepared remarks in the…

Mutual cooperation across North America’s natural gas and oil operations is the goal of a recently renewed agreement by industry groups that serve the United States, Mexico and international producers. The American Petroleum Institute (API), the Asociación Mexicana de Empresas de Hidrocarburos (AMEXHI) and the International Association of Oil & Gas Producers (IOGP) renewed a…

The Colorado Public Utilities Commission (CPUC) doused its rules regulating natural gas utilities in red ink, adding requirements to reduce greenhouse gas (GHG) emissions and striking “natural” from natural gas. In what the Colorado Energy Office called a “key step” in achieving the state’s GHG Pollution Reduction Roadmap, the CPUC earlier this month finalized rules…

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…

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…

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…

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…

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…

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…