Tag: regulation

Obama moves forward on new oil and gas rules for public lands

The Bureau of Land Management’s announcement that it would be proposing changes — and inviting public comment on the scope of them — marks the first major effort in decades to update onshore royalty rates that are among the lowest in the world.  More »

Feds unveil plan for keeping offshore oil wells in check five years after Gulf spill

The measure codifies many of the steps that companies have already taken to better keep offshore wells in check, including more rigorous maintenance and testing of the blowout preventers that act as a last line of defense against uncontrolled surges of oil and gas.  More »

Five years after Gulf disaster, feds ready new well control and blowout preventer mandates

The Obama administration is poised to lay out new requirements for controlling offshore wells, nearly five years after the Gulf of Mexico oil spill vividly illustrated the damage that can be unleashed when they are not kept in check.  More »

Industry swiftly challenges feds’ new fracturing rule

The lawsuit brought by the Independent Petroleum Association of America and the Western Energy Alliance challenges the new mandates as “a reaction to unsubstantiated concerns.”  More »

New federal mandates target hydraulic fracturing

Although the rule only applies to development on public and tribal lands — where there are more than 100,000 oil and gas wells today — environmentalists have argued that tough federal protections could provide inspiration for state regulators.  More »

Feds to impose hydraulic fracturing mandates

The Bureau of Land Management regulation set to be issued Friday has drawn fire from industry leaders who insist well-tailored state rules are better than one-size-fits-all federal mandates.  More »

Pennsylvania governor advances tougher gas drilling rules

The proposal is the first signal from Gov. Tom Wolf’s administration of how it will approach the natural gas industry after the Democrat campaigned last year on a promise to toughen state regulation of the industry.  More »

Low natural gas prices aren’t reaching consumers

The benchmark futures price for natural gas, set at Louisiana’s Henry Hub, has fallen from more than $4 at the end of last year to under $3 currently.  More »

Colorado’s oil and gas regulator hopes to get new rules in place this year

The task force recommendations include changing oil and gas commission rules to give local governments a consulting role in decisions on where large oilfield facilities are located.  More »

West Virginia train derailment puts focus on rail safety

The fiery derailment near Mount Carbon, W.V., shines a spotlight on steps that could make it safer to transport crude by rail, including automated braking systems and better track maintenance.  More »

TransCanada CEO: Other companies watching what happens on Keystone

Midstream energy companies seeking to build pipelines will want more “clarity” about the regulatory process before they plunk down capital for the projects, TransCanada CEO Russ Girling said.  More »

Blowout preventer rule gets White House vetting

Federal regulators are advancing rules meant to boost the reliability of blowout preventers used to safeguard offshore wells.  More »

Oil price drop boosts argument for crude exports

Oil prices have fallen roughly 35 percent since June, with surging U.S. crude production helping boost supply beyond softening demand worldwide.  More »

Production up, but methane emissions down in Permian Basin

Even though energy companies are pulling more oil out of the Permian Basin, methane emissions have been declining in the West Texas drilling hotbed.  More »

Timeline slips for some oil and gas regulations

Here’s an overview of what’s coming and when in Obama administration rules for the oil and gas industry.  More »
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