Govt & Regulatory News


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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

Mexican Government Raises Pemex Deductions To Continue Oil Output
Friday, August 18, 2017 Mexico's finance ministry says Pemex will be allowed to deduct more costs for developing some projects so the firm can maintain production.

Russian Watchdog Says Schlumberger-Eurasia Drilling Deal 'Has Big Problems'
Wednesday, August 16, 2017 The acquisition of a 51% stake in Russia's EDC by Schlumberger 'has big problems' in the current political situation.

Russian Watchdog Says Schlumberger-Eurasia Drilling Deal 'Has Big Problems'
Wednesday, August 16, 2017 The acquisition of a 51% stake in Russia's EDC by Schlumberger 'has big problems' in the current political situation.

Courts: US EPA Erred In Denying Renewable Fuel Hardship Exemption
Tuesday, August 15, 2017 The EPA used too strict of a test when it wrongfully denied Sinclair Oil's request for an exemption from the country's biofuel regulations, a US appeals court rule.

EIA: US Shale Output Seen Posting 9th Straight Monthly Rise
Monday, August 14, 2017 US shale oil production for September which includes a new regional data input, is forecast to rise by 117,000 barrels per day, its ninth consecutive monthly rise, the US EIA says.

IEA Cuts Estimates for Crude Needed From OPEC in 2017, 2018
Friday, August 11, 2017 The International Energy Agency cut estimates for the amount of crude needed from OPEC this year and in 2018.

IEA Cuts Estimates for Crude Needed From OPEC in 2017, 2018
Friday, August 11, 2017 The International Energy Agency cut estimates for the amount of crude needed from OPEC this year and in 2018.

Russian Oil Giant Lends Support to Venezuela Oil Company
Friday, August 04, 2017 Russia's largest oil company disclosed another advance payment to Venezuela's state producer after the US sanctioned President Nicolas Maduro on Monday.

Russian Oil Giant Lends Support to Venezuela Oil Company
Friday, August 04, 2017 Russia's largest oil company disclosed another advance payment to Venezuela's state producer after the US sanctioned President Nicolas Maduro on Monday.

PDVSA Asks Bondholders to Waive Financial Reporting Requirements
Thursday, August 03, 2017 PDVSA is asking bond investors for a temporary waiver from financial reporting requirements because it can't complete the documents on time.

Sources: US To Reject Biofuel Program Tweaks In Blow To Refiners
Thursday, August 03, 2017 The EPA will reject a proposal to overhaul the US biofuels program to shift blending responsibility away from refining companies, two sources familiar say.

Nigeria's State Oil Company Signs Deals With Chevron, Shell
Thursday, August 03, 2017 Nigeria's state oil company says it signed financing agreements with Chevron and Shell worth at least $780 million.

Nigeria's State Oil Company Signs Deals With Chevron, Shell
Thursday, August 03, 2017 Nigeria's state oil company says it signed financing agreements with Chevron and Shell worth at least $780 million.

Nigeria's State Oil Company Signs Deals With Chevron, Shell
Thursday, August 03, 2017 Nigeria's state oil company says it signed financing agreements with Chevron and Shell worth at least $780 million.