Category: Politics/Policy

European leaders plead for more natural gas exports

Natural gas export boosters have seized on the Ukraine crisis to leverage plans to accelerate U.S. government approvals to sell more of the fossil fuel overseas. But now that the Senate is tackling a $1 billion Ukraine aid package, the zeal to act immediately may be cooling.  More »

New York calls for federal spill response plans amid rail accidents

New York officials asked the Environmental Protection Agency on Monday to update a contingency plan for dealing with oil spills amid the rapid expansion of rail shipments of crude oil from North Dakota across New York to coastal refineries.  More »

Natural gas exports get scrutiny on Capitol Hill

The spotlight is trained on natural gas exports Tuesday as three congressional committees and the full Senate debate whether to send send more of the fossil fuel overseas.  More »

Kremlin partnership places BP at risk in Russia crisis

No business has as much at stake as BP Plc, as the crisis in the West’s relations with Russia escalates.  More »

Obama administration grants approval for more US natural gas exports

The Energy Department on Monday authorized exports from a sixth LNG export project, as pressure builds on the Obama administration to speed up approvals of plans to sell U.S. natural gas overseas.  More »

Congressman: Port expansion needed for oil barges

The Houston Ship Channel needs more federal dollars to keep up with a surge in barges carrying oil harvested in Texas and fuel processed in Gulf Coast refineries, Rep. Gene Green said Monday.  More »

Houston oil company endorses Nevada’s proposed fracking rules

A Houston-based oil company has endorsed the state’s proposed rules governing hydraulic fracturing, better known as fracking. But some residents viewed the company’s endorsement as reason to wonder if the minerals division’s proposed regulations are too lax.  More »

Natural gas export proponents push the Ukraine card

Natural gas export supporters are calling on Congress to help speed up the approval of new export terminals, arguing that the export capacity could send a powerful message to Putin about the U.S. stepping up as Europe’s new energy buddy.  More »

Oil industry and biofuel boosters scrap over mandates (video)

The fight over the nation’s renewable fuels policy is heating up again, as federal regulators mull where to set final biofuel quotas for 2014, and organizations on both sides of the issue pressure Congress to take up the topic.  More »

Offshore drilling regulator moves up at Interior

Tommy Beaudreau, the Obama administration official who oversees offshore oil leasing and helped shake up federal agencies after the Deepwater Horizon disaster, is now joining Interior Secretary Sally Jewell’s inner circle.  More »

Oil companies bid big bucks for Gulf drilling rights

Oil and gas companies pledged hundreds of millions of dollars for drilling rights in the Gulf of Mexico on Wednesday, during a high-stakes auction that demonstrated their enthusiasm for offshore development and marked BP’s return to the bidding after a suspension related to the Gulf oil spill.  More »

Fewer firms submit bids in offshore Gulf auction

Forty-two oil and gas companies will make plays for new Gulf of Mexico territory on Wednesday, in a closely watched, high-stakes auction of U.S. drilling rights that is viewed as a test of the industry’s appetite for offshore projects despite a drilling boom that is unfolding mostly on land.  More »