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Are the days of power deregulation numbered?

WASHINGTON – Did she say that right?  Cheryl LaFleur, the acting chair of the Federal Energy Regulatory Commission, last week raised a possibility that would have seemed impossible two decades ago in the midst of the deregulation craze “Door number three,” LaFleur told lawyers gathered at a luncheon ...

Trump rejects Exxon waiver request for Russia

President Donald Trump has personally rejected Exxon Mobil’s bid to resume a potentially lucrative oil and gas drilling venture with Russian firm Rosneft.  A statement posted on the Treasury Department’s website Friday reads: “In consultation with President Donald J. Trump, the Tre ...

Exxon seeks waiver to resume business in Russia, according to report

  Exxon Mobil has applied to the U.S. Treasury for a waiver from sanctions against Russia, to resume a landmark oil and gas drilling venture with Russian firm Rosneft, the Wall Street Journal is reporting. Sanctions blocking the Rosneft deal from moving ahead were issued by former President Bar ...

EPA moves to block Obama’s methane rule for oil and gas wells

  The U.S. Environmental Protection Agency is moving ahead on President Donald Trump’s pledge to do away with environmental regulations that curb domestic oil and gas production. The agency announced Wednesday it was reconsidering an Obama administration rule curbing methane emissions fro ...

Oil and gas majors press Trump on Paris climate pact

  Ahead of a high-level meeting at the White House today on the Paris climate accord, some of the world’s largest oil and gas companies are pressing President Donald Trump to stay in the agreement. On Monday Cheniere Energy Executive Vice President Anatol Feygin sent a letter to the White ...

China looks away from OPEC for oil imports

China, the world’s largest oil importer, is getting more and more of its crude from outside its traditional suppliers in the Organization of Petroleum Exporting Countries. According to a new report from the U.S. Energy Information Administration, imports into China from non-OPEC countries has ...

Perry urges “low emission” coal and gas at G7

Energy Secretary Rick Perry urged countries to pursue energy projects using “high efficiency, low-emission coal and natural gas,” at a meeting with energy ministers from the world’s largest economies in Rome Monday. “Renewables will continue to have an important role but trad ...

Is peak oil demand for real?

WASHINGTON – Standing at the front of a windowless room in downtown Washington last week, the Swiss energy economist Christoff Frei lectured on how the world’s energy sector is about to undergo an upheaval the likes of which has not been seen in a century. Between the insurgence of electric cars, cl ...

Senate warned cyber threat to power grid “at an all time high”

The potential for a major cyber attack against the nation’s power grid is “at an all time high,” Gerry Cauley, president of the grid operators group North American Electric Reliability Corporation, warned during a Senate hearing Tuesday. While acknowledging hackers had yet to shut ...

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