Regulatory

The U.S. Senate 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 country’s economy broadly. The Inflation Reduction Act includes an estimated $370 billion over 10 years to…

Click here to listen to the latest episode of NGI’s Hub & Flow, which discusses a proverbial pipeline cybersecurity pat-down ordered by the federal Transportation Security Administration, aka TSA. In the podcast, Emily Mallen – Washington, DC-based pipeline regulatory attorney with Sidley Austin LLP – offers insights on what recent action on cybersecurity by TSA…

The sweeping Inflation Recovery Act, which cleared the Senate over the weekend, offers many positives for the energy sector, according to Occidental Petroleum Corp. CEO Vicki Hollub. Houston-based Oxy, as it is better known, held its second quarter conference call Thursday, helmed by Hollub and her executive team.  The exploration and production (E&P) independent has…

President Biden is expected to sign into law the Inflation Reduction Act of 2022 once it reaches his desk, legislation that Department of Energy (DOE) Secretary Jennifer Granholm said would be “monumental” for clean energy investments. Under the legislation, which cleared the Senate on Sunday and is expected to be approved by the House later…

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…

Energy Transfer LP (ET) affiliates have reached a plea deal and accepted criminal charges related to the Mariner East 2 (ME2) and Revolution pipeline projects in Pennsylvania, resolving cases brought by state Attorney General (AG) Josh Shapiro since last year. ET affiliates pleaded no contest to 23 counts against both pipelines without admitting guilt. Another…

California has reached a settlement with federal officials to cease leasing public land for natural gas and oil development in the central part of the state until potential risks are assessed. State Attorney General (AG) Rob Bonta said the moratorium announced Monday followed years of legal challenges by environmental groups and state officials.  One lawsuit,…

California Gov. Gavin Newsom last week turned up the heat on climate change initiatives with a letter to the California Air Resources Board (CARB) in which he stressed state agencies to prepare for an energy transition that involves no new natural gas plants.  “The state’s draft carbon neutrality road map doesn’t go far enough or…

A legislative compromise to help ease the federal permitting process for energy infrastructure projects would provide the certainty Equitrans Midstream Corp. needs to finally complete the Mountain Valley Pipeline, CEO Thomas Karam said Tuesday.  “The need for this proposed bill should be crystal clear,” Karam said, noting that MVP has been the “collateral damage” of…