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Oil Drillers May See Big U.S. Tax Cut - If Deductions Survive
Thursday, October 05, 2017 U.S. oil explorers could see a multibillion-dollar benefit from a move to slash the U.S. corporate tax rate but some of the industry's biggest tax breaks could also be under fire.
Tillerson Flap Bad Timing for Iran Decision: Balance of Power
Thursday, October 05, 2017 Signs of friction are again plaguing Donald Trump's White House at a pivotal moment for his policy agenda.
Amid Skepticism, Nigeria Continues to Move Forward to Revamp its Government
Thursday, August 10, 2017 Operators, experts remain cautious as Africa's No. 1 oil producing nation passes a bill to reduce corruption.
US Energy Agency to Take on $50 Billion Backlog as Senate Acts
Friday, August 04, 2017 The main US energy regulator can get back to the business of approving multibillion-dollar natural gas pipelines after the Senate moved to fill two of four vacancies at the long-crippled agency.
Japan To Start Work On Revising Basic Energy Policy Next Week
Tuesday, August 01, 2017 Tokyo will begin discussions on a revision of Japan's basic energy plan next week, Minister of Economy, Trade and Industry Hiroshige Seko says.
Pennsylvania May Impose Severance Tax
Friday, July 28, 2017 Operating in the Keystone State might get more expensive for the natural gas industry.
French Court Repeals Law On Regulated Gas Prices
Wednesday, July 19, 2017 France's highest administrative court repeals a law on regulated gas prices.
House GOP Leader Says Energy Tweak Near in Sanctions Bill
Wednesday, July 19, 2017 House Majority Leader Kevin McCarthy said there's a consensus among lawmakers to change legislation on Russian sanctions so that US companies won't be blocked from lucrative foreign oil deals.
Trump Administration Reduces Royalty Rates In First US Oil, Gas Lease Sale
Thursday, July 13, 2017 The Trump administration announces its first offshore oil and gas lease sale.
Could Argentinian Politics Beat the Vaca Muerta?
Monday, July 10, 2017 Upcoming election results could jeopardize the current administration's tenure and snuff out the oil and gas industry's confidence in one of the world's richest shale basins.
Climate Change Action Needs To Go Beyond Paris Accord, Macron Says
Thursday, July 06, 2017 Climate change action needs to go beyond the 2015 Paris agreement, French President Emmanuel Macron says.
Tanzania Laws Would Allow Govt to Tear Up Mining, Energy Deals
Thursday, June 29, 2017 The Tanzanian government submitted three bills to parliament on that would allow it to force mining and energy companies to renegotiate their contracts, the latest in a string of moves that have alarmed foreign investors.
Document: Trump Admin To Suspend Rule On Natural Gas Waste
Wednesday, June 14, 2017 The Trump administration will suspend compliance dates on a rule limiting methane emissions from oil and gas companies working on public lands as soon as Thursday.
UK Hung Parliament Can Only Lead to Potential For 'Further Uncertainty'
Friday, June 09, 2017 A hung parliament in the UK can only lead to the potential for further uncertainty for the region's oil and gas industry, Michael Burns, oil and gas partner at law firm Ashurst tells Rigzone.
Key Shale-Boom Booster Threatened by Trump's Spending-Cut Plans
Wednesday, June 07, 2017 An agency instrumental to America's surge in energy production would lose half its funding in President Donald Trump's proposed federal budget.
Green Groups Ask Court To Reverse EPA's Freeze Of Methane Rule
Monday, June 05, 2017 Green groups responded to the US EPA's attempt to freeze a rule requiring oil and gas companies to fix methane leaks in their equipment.
Nigeria Oil Governance Bill Aims To Break Up State Oil Company NNPC
Friday, May 26, 2017 The long-awaited oil governance bill passed by Nigeria's upper chamber of parliament proposes breaking up the state oil company.
Nigeria's Senate Passes Long-Awaited Oil Governance Bill
Thursday, May 25, 2017 Nigerian Oil Minister Emmanuel Ibe Kachikwu says Nigeria was not opposed to joining OPEC production caps but would have to wait and see if production came back to acceptable levels.
UK's Conservatives To Support Shale Energy, Cap Household Energy Tariffs
Thursday, May 18, 2017 Britain's Conservative Party will introduce legislation to support shale energy development and impose a household energy tariff cap if it is re-elected in June.
Panel: Regulator Should have Final Say on Canada Energy Projects
Monday, May 15, 2017 Canada should reverse the approval process for major energy projects, making them go through a review by the federal government before a final decision by regulatory bodies, an official panel recommended.
Bid To Revoke Obama-Era Methane Rules Fails In US Senate
Wednesday, May 10, 2017 A Senate resolution to revoke a rule to limit leaks and flaring of methane from oil and gas production on federal lands falls short of votes.
Trump's Arctic Drill Plan Challenged by Environmental Groups
Wednesday, May 03, 2017 Environmental groups are challenging President Trump's attempt to restore oil and gas leasing on more than 125 million acres in the Arctic and Atlantic ocean
Trump's US Looks Past Energy Independence to Global Dominance
Tuesday, May 02, 2017 The US is in the position to be energy-dominant, not just independent, thanks to fracking and plans to loosen drilling regulations, Interior Secretary Ryan Zinke says.
Trump Open to Raising Gas Tax and Negotiating Tax Overhaul Plan
Monday, May 01, 2017 President Donald Trump said he's willing to raise the US gas tax to fund infrastructure development and called the tax-overhaul plan he released last week the beginning of negotiations.
Trump to Expand Offshore Drilling, Review Post-Spill Rules
Friday, April 28, 2017 President Donald Trump moves to expand offshore oil drilling and to reconsider rules that safeguard the activity.
Trump Order Aims To Allow Drilling At National Monuments
Wednesday, April 26, 2017 Trump signs an executive order to identify national monuments that can be rescinded or resized - part of a broader push to open up more federal lands to drilling, mining and other development.
US Will Not Issue Drilling Waivers To Russia Sanctions
Friday, April 21, 2017 The US will not make an exception for American companies seeking to drill in areas prohibited by US sanctions on Russia.
Exxon Probe Is Unconstitutional, Republican Prosecutors Say
Thursday, April 20, 2017 A group of 11 Republican state attorneys general are protesting an investigation into whether ExxonMobil violated consumer protection laws.
Trump's EPA To Reconsider Oil And Gas Emissions Rule
Wednesday, April 19, 2017 The US EPA says it would reconsider a rule on emissions from oil and gas operations and delay its implementation.
Algeria Could Amend Oil Law To Draw Investment
Wednesday, April 12, 2017 Algeria could change its hydrocarbons law to boost energy partnerships with foreign firms and draw more investment into its oil and gas sector.
Nigeria's Senate Receives Oil Industry Reform Bill
Thursday, April 06, 2017 Nigeria's senate will debate a long-awaited oil industry reform bill after receiving the draft law.
Iraq Oil Output Falls to 4 Million BPD in March After OPEC Cuts
Thursday, March 30, 2017 Iraq's oil production has averaged 4.464 million bpd in March, a reduction of more than 300,000 bpd on levels before OPEC cuts were implemented from Jan. 1, state-oil marketer SOMO says.
Thailand Amends Law to Give More Energy Exploration Options
Thursday, March 30, 2017 Thailand's military-appointed assembly approved an amendment to a petroleum law on Thursday, which will give companies more options for exploration and production operations.
Energy Companies May Pay US More to Drill, Mine on Public Land
Wednesday, March 29, 2017 Energy companies could pay the US government higher royalties for oil, gas and other resources extracted from public land, under a review Interior Secretary Ryan Zinke authorized.
Montana Tribe Sues Trump Administration for Lifting Coal Moratorium
Wednesday, March 29, 2017 A Native American tribe in Montana files a lawsuit against the Trump administration, challenging its decision to lift a moratorium on coal leases on public land without first consulting with tribal leaders.
US to Review Energy Royalty Rates on Federal Land
Wednesday, March 29, 2017 The US Interior Department says it will form a new committee to review royalty rates collected from oil and gas drilling and coal mining on federal lands to ensure taxpayers receive their full value.
Trump Administration Seeks Halt to Clean Power Plan Review
Wednesday, March 29, 2017 President Donald Trump took another step toward dismantling his predecessor's climate-change legacy, asking a federal appeals court to halt its review of carbon-emission rules for power plants.
Senators Press Icahn On White House Influence, Business Conflicts
Monday, March 27, 2017 Several Democratic senators pressed billionaire investor Carl Icahn to clarify his role as an adviser to President Donald Trump.
Trump's Keystone XL Approval Moves Pipeline Fight to Individual States
Friday, March 24, 2017 TransCanada gets its presidential permit to move forward with building its Keystone XL crude oil pipeline, but the battle to flow crude through several states isn't over, analysts say.
Trump Said to Pick an Attorney to Lead Federal Energy Agency
Thursday, March 09, 2017 President Donald Trump plans to nominate Jones Day attorney Kevin McIntyre as chairman of the Federal Energy Regulatory Commission.
Funds Expect Saudi Aramco To Be Valued Around $1-1.5 Trillion
Monday, March 06, 2017 Fund managers and institutional investors expect oil giant Saudi Aramco to have a market capitalisation of $1 trillion to $1.5 trillion when it sells shares to the public next year.
US Senate Confirms Trump Pick Perry As Energy Secretary
Thursday, March 02, 2017 The US Senate votes to confirm President Donald Trump's pick to head the Department of Energy.
Trump Orders Review Of Obama Waterway Regulation
Tuesday, February 28, 2017 US President Donald Trump signed an order directing regulators to review an Obama administration rule.
OPEC Sec-Gen: All Participating Countries Committed to Oil Output Deal
Monday, February 27, 2017 OPEC-led oil production cuts have been well supported by all participating countries despite some teething troubles for non-OPEC members, the cartel's secretary-general, Mohammed Barkindo, says.
Subpart W: Lessening the Burden of GHG Reporting
Friday, February 24, 2017 While we all wait to see what changes occur on the federal level, and how the market responds, important changes in how the industry carries out regulatory reporting are ongoing.
HIRE Vets Act Would Incentivize Employers to Hire Veterans
Friday, February 24, 2017 If HR 244 becomes enacted, oil and gas companies may be rewarded for actively recruiting and hiring military veterans.
GOP's Tax Reform Plan Brings Uncertainty to Oil, Gas
Monday, February 20, 2017 US corporate tax reform plan for a tariff on imports, but not exports, could boost income for domestic producers, but it might also pump up gasoline prices and raise refiners' costs.
Trump and US Nuclear Power Find Common Ground in Jobs Push
Tuesday, February 07, 2017 Nuclear power providers, battered by low prices and competition from cheap natural gas, say they can help President Donald Trump fulfill a campaign promise to put more people to work.
US Oil, Gas Prices Seen Falling With Trump 'Energy Revolution'
Monday, February 06, 2017 President Trump's vow to "unleash an energy revolution" by reversing regulations may send oil and natural gas prices tumbling in 2018, according to Bank of America Merrill Lynch.
BLOG: Trump's Import Tax On Mexico's Oil Could Drive Costs In US
Friday, January 27, 2017 The Trump Administration's proposed 20% import tax would penalize Mexico, but might have the unintended consequence of also squeezing US energy businesses and consumers, analysts say.