Category: Politics/Policy

Oil companies forfeit Arctic drilling rights

Oil companies that had locked up more than 1.3 million acres of the Beaufort Sea for drilling in 2007 have since relinquished nearly half that territory, signaling the industry’s appetite for tapping those Arctic waters may be waning even as the Obama administration makes plans to auction off more of the area.  More »

Winemakers want NY to deny gas storage permit

Opponents of Houston-based Crestwood Midstream’s project said at a news conference in Albany that it would endanger drinking water, the local economy and the region’s wine and tourism industry.  More »

Chevron gets approval for $1 Billion Calif. refinery project

Chevron must meet several conditions imposed by the Richmond planning commission while installing a new hydrogen plant at its complex, including limits on sulfur processing and emissions.  More »

Feds extend deadline for offshore drilling comments

Oil companies, environmentalists and other stakeholders will have more time to weigh in on what coastal waters should be available for drilling beginning in 2017.  More »

City: Emails show ‘cozy’ ties of PG&E, regulator

The 7,000 pages of emails between leaders at PG&E and California Public Utilities Commission President Michael Peevey and his staff were released as the result of a lawsuit filed by the city of San Bruno.  More »

Britain reopens way for fracking

Business and Energy Minister Matthew Hancock said shale gas has the potential to increase the country’s energy supply but stressed national parks will be protected.  More »

Pemex predicts lowest production in more than two decades

The forecast was lowered to 2.41 million barrels of oil a day from a prior projection of 2.5 million, said Gustavo Hernandez, Pemex’s head of exploration and production.  More »

US sending coal abroad

As the Obama administration weans the U.S. off dirty fuels blamed for global warming, energy companies have been sending more of America’s unwanted energy leftovers to other parts of the world where they could create even more pollution, according to an Associated Press report.  More »

Feds unveil proposed new safety rules for crude-carrying trains

Tank cars that carry crude oil across the United States would have to meet stringent new standards to improve safety and make them more resilient in an accident under proposed new rules unveiled by the U.S. Department of Transportation on Wednesday.  More »

Industry poll says Americans want more oil production, support offshore drilling

Nearly 7 out of 10 Americans support domestic offshore drilling but few believe the federal government is doing enough to encourage such production, an industry-backed survey finds.  More »

Industry pans feds’ plan for gas exports

The Obama administration says its new plan for vetting proposals to sell liquefied natural gas overseas is aimed at streamlining the review process, but energy companies and aspiring exporters say the government’s approach could have the opposite effect.  More »

Exxon Mobil says it’ll follow new anti-bias rules

President Barack Obama signed the executive order with the new protections Monday.  More »
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