Category: Politics/Policy

Exxon to halt Russian drilling in face of U.S. sanctions

The U.S. Treasury Department has given Exxon Mobil Corp. and other contractors a license to wind down operations in the Russian Arctic as the Irving-based company prepares to comply with U.S. sanctions banning joint-venture oil exploration in the area.  More »

Drillers can return to fight oil slump after Scotland’s ‘No’

After the failure of a referendum on Scottish independence, Shell and BP say they’ll continue working to combat an energy slump in the United Kingdom.  More »

Environmental groups crank up heat on methane mandates

Environmental groups on Thursday pressured the Obama administration to clamp down on methane leaking from the oil and gas sector by imposing new regulations targeting wells, valves and other infrastructure.  More »

Feds slapped with lawsuit for delaying oil payment transparency rule

Oxfam America is suing the Securities and Exchange Commission in a bid to force it to finish rewriting congressionally mandated rules requiring companies to disclose what they pay foreign countries for oil, gas and other minerals.  More »

Lawmakers urge close look at energy costs

Republican Sens. Lisa Murkowski and Tim Scott want their Capitol Hill colleagues to examine how proposed policies will affect energy bills and the families paying them.  More »

Medlock: Without oil exports, drilling rigs could flee U.S.

It will take a “train wreck” of falling prices, declining oil production and idle drilling rigs before the United States lifts its longstanding ban on exporting crude, Rice University economist Kenneth Medlock predicted Wednesday.  More »

Study: East Coast states could cash in on offshore drilling

North Carolina, South Carolina and Virginia could rake in billions if the Interior Department opens up auctions on leases along the Atlantic Coast, according to the study.  More »

Proposed transmission line puts corporate powerhouses at odds

The Public Utility Commission of Texas will decide whether CenterPoint Energy can build a new transmission line that two Houston generating companies oppose.  More »

Senator wants to suspend coal sales on federal lands in West

Sen. Ed Markey says the Interior Department moved too slowly on promised reforms since the Democrat raised concerns about “bargain-basement” lease sales.  More »

Feds reveal details on Shell’s Arctic ambitions

More details came to light Tuesday on Shell’s plans for exploratory oil drilling in the Chukchi Sea north of Alaska, as federal regulators released a copy of the company’s broad Arctic drilling blueprint.  More »

Natural gas company seeks federal OK for pipeline

Houston-based Kinder Morgan wants a natural gas pipeline through northern Massachusetts .  More »

Keystone marks sixth anniversary with pipeline props

Shovels, anniversary cards and tours are all designed to highlight the six years since TransCanada Corp. first asked the U.S. government for permission to build the Keystone XL pipeline.  More »
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