Govt & Regulatory News


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Italy Prosecutors Probe Eni For Tax Evasion At Refineries
Wednesday, November 22, 2017 Italian authorities are investigating oil major Eni for alleged tax evasion.

US Crude Inventories Fall; Big Draw At Cushing Hub
Wednesday, November 22, 2017 US crude oil stockpiles fell last week, with most of the decline coming out of the Cushing, Oklahoma storage hub.

Keystone XL Clears Major Obstacle in Nebraska
Monday, November 20, 2017 Nebraska panel clears path for Keystone XL.

South Dakota Pipeline Spill Hits TransCanada Shares, Canada Crude Price
Friday, November 17, 2017 Canadian heavy crude prices and TransCanada shares slid as officials in Nebraska mulled whether to approve another pipeline proposed by the company.

IEA: US To Account For Most World Oil Output Growth Over 10 Years
Thursday, November 16, 2017 The United States is expected to account for more than 80% of global oil production growth in the next 10 years, IEA says.

Kinder Morgan Appeals to Canada Regulator Over Trans Mountain Pipeline
Tuesday, November 14, 2017 Kinder Morgan Canada Ltd has appealed again to the country's energy regulator, asking it to set up a process to resolve potential disagreements with provincial or municipal governments over its planned Trans Mountain oil pipeline expansion project.

US Cuts Natgas 2017 Output Growth Forecast, Raises 2018 Outlook
Tuesday, November 07, 2017 US natural gas production growth is expected to surge in 2018, after rising more modestly in 2017, EIA says.

US Lawmakers Seek 'Well-Rounded Biofuels Policies'
Thursday, November 02, 2017 A bipartisan group in the US House of Representatives has called on the EPA to recognize 'the significant pitfalls and costs' of renewable fuel standards.

EIA: US Oil And Fuel Stocks Drop In Latest Week
Wednesday, November 01, 2017 US stocks of crude oil, gasoline and distillates fell last week, with the gasoline and crude draws exceeding expectations, the EIA says.

Sources: China's Sinopec Mulls US Oil Projects Ahead Of Trump's Visit
Tuesday, October 31, 2017 Sinopec is evaluating two projects in the United States that could boost Gulf Coast crude oil exports.

EIA: Crude Stocks Rise, Fuel Inventories Drop
Wednesday, October 25, 2017 US crude stocks rose last week, but gasoline and distillate inventories fell much more than anticipated, EIA data shows.

BOEM Plans Biggest GOM Lease Sale Ever
Tuesday, October 24, 2017 BOEM proposes lease sale for nearly 77 million acres in Gulf of Mexico.

CEO: Brazil's Petrobras Could Bid On More Blocks In Pre-Salt Auction
Tuesday, October 24, 2017 Petrobras could bid on more blocks in an auction of Brazil's pre-salt offshore area this week.

EPA Abandons Changes To US Biofuel Program After Lawmaker Pressure
Friday, October 20, 2017 The US EPA has backed off a series of proposed changes to the nation's biofuels policy after a massive backlash.

EIA: US Crude Inventories Fall, Gasoline Posts Surprise Build
Thursday, October 12, 2017 US crude oil inventories fell last week as refining rates rose, while gasoline posted an unexpected hefty build, the EIA says.

EIA: US Heating Costs Forecast To Be Higher This Winter
Wednesday, October 11, 2017 Most US households can expect higher heating expenditures this winter than in the previous two years, according to the government's Winter Fuels Outlook.

EPA Chief Calls for Ending Wind Tax Credits to Help Coal Survive
Tuesday, October 10, 2017 Tax incentives for the wind industry should be eliminated, Environmental Protection Agency administrator Scott Pruitt says.

Ecuador to Offer Oil Blocks Under New Bidding Terms in Jan
Friday, October 06, 2017 The new terms will allow producers to be paid in oil and enable them to export or sell the barrels to local refineries, said Carlos Perez at a conference at Rice University in Houston on Friday.

Ecuador to Offer Oil Blocks Under New Bidding Terms in Jan
Friday, October 06, 2017 The new terms will allow producers to be paid in oil and enable them to export or sell the barrels to local refineries, said Carlos Perez at a conference at Rice University in Houston on Friday.

Ecuador to Offer Oil Blocks Under New Bidding Terms in Jan
Friday, October 06, 2017 The new terms will allow producers to be paid in oil and enable them to export or sell the barrels to local refineries, said Carlos Perez at a conference at Rice University in Houston on Friday.

Ecuador to Offer Oil Blocks Under New Bidding Terms in Jan
Friday, October 06, 2017 The new terms will allow producers to be paid in oil and enable them to export or sell the barrels to local refineries, said Carlos Perez at a conference at Rice University in Houston on Friday.

API Panel Member: Voluntary Methane Program Forthcoming
Friday, October 06, 2017 Shell exec who sits on API panel discusses voluntary program.

API Panel Member: Voluntary Methane Program Forthcoming
Friday, October 06, 2017 Shell exec who sits on API panel discusses voluntary program.

API Panel Member: Voluntary Methane Program Forthcoming
Friday, October 06, 2017 Shell exec who sits on API panel discusses voluntary program.

IEA Lifts Five-Year Renewables Forecast After Record 2016
Wednesday, October 04, 2017 The IEA raises its forecasts for renewable energy over the next five years.

EIA: US Crude Stocks Fall As Exports Hit New Record
Wednesday, October 04, 2017 US crude oil stocks fell sharply last week as crude exports rose to a record high of nearly 2 million barrels per day, the Energy Information Administration says.

Trump Admin Plans To Delay Methane Controls From Oil, Gas
Wednesday, October 04, 2017 The US Interior Department will propose this week delaying parts of an Obama-era rule to limit methane emissions from oil and gas production on federal lands.

EPA Asks Drillers, Miners for Advice on How to Regulate Them
Tuesday, October 03, 2017 President Trump's EPA is asking miners, oil drillers and manufacturers to collaborate with the government on how best to regulate their industries.

Engineer: Libya's Sharara Oilfield Still Shut Due To Action By Armed Brigad
Tuesday, October 03, 2017 Libya's giant Sharara oilfield remained closed on Tuesday morning, two days after an armed brigade shut it down over salary claims and other demands.

Thailand Again Delays Auction Of Erawan, Bongkot Gas Fields
Monday, October 02, 2017 Thailand will delay the auctions of the concessions for the Erawan and Bongkot gas fields for at least another month.

Vietnam Court Sentences to Death PetroVietnam Ex-Chairman in Mass Trial
Friday, September 29, 2017 A court in Vietnam sentenced to death a former chairman of state-run PetroVietnam after finding him guilty in a mass trial of 51 officials and bankers accused of graft and mismanagement that led to losses of $69 million.

Venezuelans Face Growing Queues To Buy Gasoline
Thursday, September 21, 2017 Venezuelan drivers are facing growing queues to buy gasoline despite having the world's largest oil reserves.

EIA: US Crude Inventories Up Again, Gasoline, Diesel Stocks Down
Wednesday, September 20, 2017 US crude oil stockpiles jumped last week as imports and production increased, while distillate inventories fell the most in nearly six years and gasoline inventories also declined.

Dana Fight With BlackRock to Start Despite UAE Court Order
Tuesday, September 19, 2017 A London lawsuit over $700 million in Shariah-compliant bonds issued by Dana Gas PJSC will go ahead despite a last-minute United Arab Emirates court order.

Algeria's Sonatrach Chief Urges Oil Industry Reforms
Monday, September 18, 2017 Algeria needs to change the laws governing its oil and gas industry to attract foreign oil investors, Sonatrach's chief says.

Qatar Says It's Fulfilling Oil and Gas Deals Despite Gulf Crisis
Wednesday, September 13, 2017 Qatar says it is fulfilling all of its contracted shipments of oil and gas despite a regional political crisis that led to the severing of ties with some of its neighbors.

Qatar Says It's Fulfilling Oil and Gas Deals Despite Gulf Crisis
Wednesday, September 13, 2017 Qatar says it is fulfilling all of its contracted shipments of oil and gas despite a regional political crisis that led to the severing of ties with some of its neighbors.

Kuwait Says OPEC May Decide on Extending Cuts in March 2018
Wednesday, September 13, 2017 OPEC and allied oil producers will keep reviewing options for their agreement to cut output, and a final decision on extending the deal beyond March could be postponed until the first quarter of 2018.

IEA Sees Strongest Global Oil-Demand Growth in Two Years
Wednesday, September 13, 2017 Global oil demand will climb this year by the most since 2015, the IEA says, amid stronger-than-expected consumption in Europe and the US.

EIA Lowers US 2017, 2018 Crude Output Forecasts After Harvey
Tuesday, September 12, 2017 The EIA revises both its 2017 and 2018 oil production forecast figures lower to reflect, in part, the effects of Hurricane Harvey.

EIA: US Crude Stocks Jump, Gulf Refinery Runs Hit Record Low Due To Harvey
Thursday, September 07, 2017 US crude oil stockpiles rose last week, after shutdowns stemming from Tropical Storm Harvey knocked refinery use to a seven-year low, the EIA says.

Police And EMTs Sue Arkema Over Chemical Plant Fire After Harvey
Thursday, September 07, 2017 Police and emergency workers filed suit against Arkema SA.

Valero Seeks Waiver To Colonial Pipeline Fuel Specifications After Harvey
Tuesday, September 05, 2017 Valero asks federal regulators to allow or direct Colonial Pipeline Co to lift gasoline grade requirements in the wake of Hurricane Harvey.

EPA Sends People, Planes To Gauge Pollution From Texas Storm
Wednesday, August 30, 2017 Flooding from Harvey has also triggered a handful of spills and releases from petrochemical facilities in Texas.

Australia's Santos Steps Up Effort To Avert LNG Export Curb
Wednesday, August 30, 2017 Santos is racing to boost gas supply to Australia's eastern market to fend off government limits on exports of LNG in 2018.

IEA Says No Need To Release Emergency Oil Supplies Due To Harvey
Monday, August 28, 2017 The International Energy Agency says that there was no need for now to release fuel from emergency stockpiles.

EIA: US Oil Inventories Drop By 3.3 Million Barrels
Wednesday, August 23, 2017 US crude stocks fell last week and gasoline stocks were down as well, the EIA says.

Russian Court Orders Sistema To Pay Rosneft $2.3B In Damages
Wednesday, August 23, 2017 Russian court ruled that conglomerate Sistema should pay more than $2.3 billion to Rosneft in a dispute over Bashneft.

Russian Court Orders Sistema To Pay Rosneft $2.3B In Damages
Wednesday, August 23, 2017 Russian court ruled that conglomerate Sistema should pay more than $2.3 billion to Rosneft in a dispute over Bashneft.

Venezuela's Oil Company Says 'Financial Blockade' Hurts Payments
Friday, August 18, 2017 A US-led 'financial blockade' has hurt PDVSA's capacity to collect payment for crude cargoes