Category: Politics/Policy

Exxon Russia ambitions show oil trumps Obama-Putin spats

As Barack Obama and Vladimir Putin argue over human rights in Russia and the fate of fugitive U.S. intelligence analyst Edward Snowden, the countries’ biggest oil companies are preparing to drill for giant discoveries together in the Arctic Ocean.  More »

Senate tax plan spares big oil industry deduction

Although Sen. Max Baucus has taken aim at a host of tax deductions cherished by the oil and gas industry, one big deduction has stayed out of his crosshairs.  More »

Conservatives form group favoring renewable energy

Conservative leaders and activists in Michigan have formed a group to support basing energy policy on the use of renewable resources and energy-efficiency programs.  More »

Texas Republican trades energy stocks

As a former oil industry executive and a member of the House Natural Resources Committee, Texas Rep. Bill Flores is at the center of big debates about offshore drilling, hydraulic fracturing and domestic energy supplies. He also is a big trader in energy stocks.  More »

New drone testing sites could boost oil industry use (video)

A Federal Aviation Administration decision to permit testing of drones in Texas and at sites throughout the country will open the door to more use of unmanned aircraft by oil companies.  More »

Wind tax credit expires at midnight

The stroke of midnight will mark not just the end of 2013, but also the death of a popular tax credit that has helped finance wind farms and other renewable energy projects across the U.S.  More »

Q&A: “The old rules don’t apply” in Mexico energy sector

On Dec. 20, Mexican President Enrique Pena Nieto signed constitutional reforms into law to open Mexico’s energy sector to private investment. The reforms will allow international companies for the first time in decades to share in the risks and rewards of oil and gas production. Mexican lawmakers hope the reforms will attract much needed capital […]  More »

Delta Air Lines joins fight against renewable fuels standard

Through its Monroe refinery unit, Delta Air Lines is now fighting the renewable fuel quotas the Obama administration’s Environmental Protection Agency established for 2013, saying in legal filings that it is “powerless” to comply with the mandates.  More »

Energy chief: US should reevaluate ban on oil exports (video)

The Obama administration soon will examine whether the U.S. needs to modify energy policy created in the wake of the 1970s oil embargo, including a ban on exporting American crude, Energy Secretary Ernest Moniz said.  More »

Public weighs in on Illinois’ tough fracking law proposal

The public hearings have ended, but state officials said there’s still time to submit public comments on proposed rules for the high-volume oil and gas drilling known as hydraulic fracturing.  More »

Obama will approve Keystone XL pipeline, CEO says (video)

Rejecting TransCanada Corp. (TRP)’s $5.4 billion Keystone XL pipeline due to carbon emissions in the oil sands would set a precedent for all U.S. infrastructure projects, Chief Executive Officer Russ Girling said.  More »

To clean up coal, Obama pushes more oil production

America’s newest and cleanest coal-fired power plant comes with a catch: The heat-trapping carbon dioxide removed from its smokestack pollution will help force more oil out of the ground.  More »