Groups representing the oil and gas industry said they backed the vote by Congress to repeal a rule by the Interior Department’s Bureau of Land Management (BLM) that called for revisions to its resource management planning process.
Articles from Planning
The Senate passed a bill Tuesday calling for Congressional disapproval of a rule by the Interior Department’s Bureau of Land Management (BLM) to revise its resource management planning process. The bill will now head to President Trump’s desk for his signature.
The Interior Department’s Bureau of Land Management (BLM) said a proposed rule that would, among other things, increase public involvement in the way it formulates Resource Management Plans (RMP), would not directly affect the decisions it makes but conceded that it could impact the oil and gas industry.
Although two comprehensive energy bills passed the muster of the Senate Energy and Natural Resources Committee on Thursday, the more controversial one — which would lift the ban on U.S. crude oil exports, among other things — only cleared the hurdle along party lines, and both bills face amendments and uncertain futures in the Senate.
The six participating planning authorities of the Eastern Interconnection Planning Collaborative (EIPC) — ISO New England, New York ISO, Ontario’s Independent Electricity System Operator, Midcontinent ISO, PJM Interconnection and the Tennessee Valley Authority — have completed a natural gas-electric system interface study as part of a planning effort funded by the U.S. Department of Energy (DOE).
Valero Energy Corp. is planning to make its first big splash in the petrochemicals market by constructing a $700 million methanol plant on the same site in St. Charles Parish, LA, where its transportation fuel refinery is located.
GreenHunter Water LLC has begun to process complex oilfield waste streams at its bulk storage and barge transloading terminal in New Matamoras, OH, the GreenHunter Resources Inc. subsidiary said Friday.
Aurora Oil & Gas Ltd. has begun drilling activities earlier than expected on its recently acquired Eagle Ford Shale acreage, the Australia-based company said Monday.
Utility developers planning combined-cycle gas turbine (CCGT) projects in the Marcellus and Utica shales are looking for a “power price appreciation” from excess natural gas, not growing demand, to ensure a fair return on their investments, according to an analysis by Tudor, Pickering, Holt & Co. Inc. (TPH).