Canada’s natural gas, oil and coal mining corporations have reduced exploration and development expenses since 2014 because of economic factors and policy changes, which in turn has cut into annual federal tax revenue, the country’s government watchdog said in a new report. The Parliamentary Budget Officer (PBO), similar to the U.S. Government Accountability Office, reviewed…
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Interior Halting Oil and Gas Leases on Federal Lands, Offshore Through June
The U.S. Interior Department ceased new oil and gas lease sales on federal lands and offshore through at least June as officials this week extended a review of the program’s impact on climate change. Interior’s Bureau of Land Management (BLM) said it is “exercising its discretion to not hold lease sales” through the second quarter.…
April 22, 2021
Lower 48 Energy Operators Likely to Benefit from WOTUS Overhaul
The oil and natural gas industry reacted favorably to the Trump administration’s delivery on a promise to reduce environmental oversight of U.S. waters by issuing final rules Thursday that are certain to draw litigation.
January 23, 2020
Lower 48 Energy Operators Likely to Benefit from WOTUS Overhaul
The oil and natural gas industry reacted favorably to the Trump administration’s delivery on a promise to reduce environmental oversight of U.S. waters by issuing final rules Thursday that are certain to draw litigation.
January 23, 2020
Federal Oil, Gas Leasing Terms in Colorado Said to Cost Government Billions
The U.S. government has missed out on billions of dollars of revenue from overly generous and outdated terms for oil and gas leases on federal land in Colorado, according to a report by the Taxpayers for Common Sense advocacy group.
December 3, 2019
Federal, American-Indian Owned Lands, Offshore Revenues Up 31% in 2019, DOI Says
The Department of Interior (DOI) said last Thursday it disbursed $11.69 billion in fiscal year (FY) 2019 from energy production revenue collected on federal and American Indian-owned lands and offshore areas, a $2.76 billion (31%) increase compared with FY2018.
October 28, 2019
BLM Clears Path for Potential Oil, Gas Leasing in California
The Bureau of Land Management (BLM) plans to open 683,000 acres on federal lands in California to oil and natural gas drilling following a recent record of decision (ROD).
October 8, 2019
Fossil Fuel Development on Public Lands Major Emissions Source, Says USGS
Burning and extracting fossil fuels on federal lands accounted for nearly one-quarter of all carbon dioxide (CO2) emissions produced domestically between 2005 and 2014, according to the U.S. Geological Survey (USGS).
November 27, 2018
LNG Canada Pipeline Conduit Facing More Scrutiny as NEB Agrees to Consider Jurisdictional Claims
A hearing has been granted to an 11th-hour attempt to delay or kill liquefied natural gas (LNG) exports from the Pacific coast of British Columbia (BC) by requiring a new federal review on top of current provincial construction and environmental approvals.
October 23, 2018
Interior Deferring to States, Reviewing Fish, Wildlife Protections
In a development sure to impact the oil and gas industry, Interior Secretary Ryan Zinke said state regulatory agencies should have a higher profile in protecting fish and wildlife, and asked his department to identify federal regulations that are more restrictive than those enacted by states.
September 12, 2018
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