Biden

The Group of 7 world leaders pledged over the weekend to protect the planet by supporting a “green revolution” to create jobs, reduce emissions and limit the rise in global temperatures.The G7, as it is better known, consists of Canada, France, Germany, Italy, Japan, the UK and the United States. The seven countries in 2020…

The Department of the Interior (DOI) on Tuesday suspended the Coastal Plain Oil and Gas Leasing Program launched by the Trump administration in Alaska’s Arctic National Wildlife Refuge (ANWR). The order signed by DOI Secretary Deb Haaland halts “all activities related to the implementation of” the program, including leases awarded in the program’s first and…

The United States has the most attractive market for renewable energy investment following the Biden Administration’s plan to transition to a lower-carbon power grid as part of the $2.25 trillion American Jobs Plan, according to rankings data from IHS Markit.  The rankings put the United States in the number one spot for the period ending…

Occidental Petroleum Inc. CEO Vicki Hollub said Tuesday the Biden administration’s attempt to corral federal oil and gas development could constrict jobs growth while dampening supply as the world transitions from fossil fuels.   Hollub shared a microphone with her management team to discuss first quarter results for Oxy, as it is better known. The administration…

Click here to listen to the latest episode of NGI’s Hub & Flow podcast in which NGI associate editors Kevin Dobbs and Andrew Baker discuss the presidential election and its impacts for the natural gas and oil industry.  Dobbs and Baker discuss President-elect Biden’s priorities with respect to energy, climate and infrastructure, as well as…

The United States is teaming up with Canada, Norway, Qatar and Saudi Arabia to target net-zero greenhouse gas (GHG) emissions from the five countries, all of which are major oil and gas producers. The countries, which together account for about 40% of global oil and gas production, jointly said on Friday they are establishing a…

Oil and natural gas industry leaders and politicians railed against President Biden’s decision to freeze oil and gas lease sales on federal lands and waters through at least June during a Senate Energy and Natural Resources Committee hearing on Tuesday. Government officials, meanwhile, defended the pause as a necessary step as they review the program…

Energy stakeholders endorsed President Biden’s strengthening of U.S. climate change commitments on Thursday, but they also stressed the importance of natural gas in achieving deep decarbonization of the economy. Biden said Thursday the United States will target a 50-52% reduction in economy-wide greenhouse gas (GHG) pollution by 2030 versus 2005 levels. The announcement, made during…

More than 300 businesses and investors, including U.S. utilities and energy infrastructure giants, have signed an open letter to President Biden urging the administration to nearly double the U.S. commitments in targeted reductions for greenhouse gas (GHG) emissions. The letter’s 310 signatories represent more than $3 trillion in annual revenue and $1 trillion-plus in assets…