Govt & Regulatory News


Results 50 articles shown

Ex-Venezuelan Official Pleads Guilty in US Corruption Case
Thursday, April 19, 2018 A former Venezuelan official on Thursday pleaded guilty to taking part in a scheme involving bribes paid by U.S. companies to Venezuelan officials to secure energy contracts and speed up payments.

Trump Administration Begins Review Process for Drilling in Alaska Refuge
Thursday, April 19, 2018 Alaskan lawmakers have been fighting for decades to open the refuge.

Plastic Makers' Credit Ratings May Be Hit by Pollution Rules
Thursday, April 19, 2018 Plastic packaging makers may be less credit-worthy in the future as governments try to curb marine litter, Moody's Corp. said in a report.

Analysts: New Find Won't Yield 'Significant Economic Windfall' for Bahrain
Thursday, April 19, 2018 Oil and gas analysts at BMI Research do not expect Bahrain's recent discovery of a large oil and gas field to yield a 'significant economic windfall' for the country.

Caisse's Stake in Kinder Brings Quebec Into Bitter Pipeline Feud
Wednesday, April 18, 2018 Caisse de Depot et Placement du Quebec discloses a large stake in Kinder Morgan Canada Ltd.

Canada Oil Recovery Faces Threat From Potential Rail Strike
Wednesday, April 18, 2018 A potential strike by Canadian Pacific Railway Ltd. workers threatens to derail a recovery in Alberta's beaten-down heavy oil prices.

Liberian President Weah Orders Probe of Exxon 2013 Oil Deal
Wednesday, April 18, 2018 Liberian President George Weah orders a probe into ExxonMobil's 2013 deal for drilling rights off the West African nation's coast.

Philippines Hopes For Sea Exploration Pact With China This Year
Wednesday, April 18, 2018 Philippine Foreign Secretary Alan Peter Cayetano is confident that an agreement with China to jointly explore for oil and gas in South China Sea can be signed this year.

UAE Court Says Dana Gas Can Distribute Dividends, Contradicts UK Court
Wednesday, April 18, 2018 The ruling is the latest move in a legal battle in the UAE and Britain which began last year.

Trump Energy Aide to Return to Lobbying Firm
Tuesday, April 17, 2018 Michael Catanzaro, a chief architect of President Donald Trump's energy policy, is leaving the White House.

Farm State Senators Demand EPA Name Recipients Of Biofuel Waivers
Tuesday, April 17, 2018 A bipartisan group of senators from US farm states presses the EPA to stop issuing hardship waivers from the nation's biofuels laws to refiners and to name the companies that already have them.

Venezuela Arrests Two Chevron Employees Amid Oil Industry Purge
Tuesday, April 17, 2018 Venezuela arrests two Chevron executives.

Oil Cutoff Threatened as Canada Provinces Feud Over Pipeline
Tuesday, April 17, 2018 Canada's internal fight over Kinder Morgan Inc.'s Trans Mountain pipeline escalates.

Analyst: Switch To LNG For Shipping Fuel Not Enough To Meet Regulations
Tuesday, April 17, 2018 Switching to LNG to fuel ocean-going vessels may not be enough for shippers to comply with long-term emissions regulations, JBC Energy says.

Zinke Says Won't Lower Oil, Gas Offshore Royalty Rates 'At This Time'
Tuesday, April 17, 2018 Interior Secretary Ryan Zinke says he will not lower royalty rates for offshore oil and gas lease sales 'at this time.'

Australia's Northern Territory Lifts Fracking Ban
Tuesday, April 17, 2018 Australia's Northern Territory lifts a nearly 2-year moratorium on fracking to extract gas, unlocking vast onshore reserves in the resource-rich region.

Trudeau Seeks Talks With Kinder to Get Line to Pacific Built
Monday, April 16, 2018 PM Trudeau plans to start talks with Kinder Morgan to backstop the Trans Mountain pipeline after failing to end a spat between Canadian provinces that put the vital project at risk.

Nord Stream 2 Pipeline Must Balance Interests - German Minister
Monday, April 16, 2018 Germany's aim with respect to the planned Nord Stream 2 pipeline is to enable private infrastructure projects while protecting the justified interests of Ukraine, Economy Minister Peter Altmaier says.

EPA 'Secret' Biofuel Waivers Undercut Trump's Pledge to Farmers
Friday, April 13, 2018 Even as President Trump floats the idea of more ethanol sales, critics says moves by his EPA would undercut the support to corn farmers.

PSA Grants Wellesley Petroleum Consent to Drill North Sea Exploration Well
Friday, April 13, 2018 Petroleum Safety Authority Norway grants Wellesley Petroleum consent to drill exploration well 35/12-6 S.

In Canada's Wild West, Pipeline Politics Pay No Heed to the Law
Thursday, April 12, 2018 British Columbia Premier John Horgan was told by legal advisers last year before taking power that blocking the Kinder Morgan project would be against the law.

Iraq Postpones Oil And Gas Auction To April 25
Thursday, April 12, 2018 Iraq has postponed its oil and gas bidding round for 11 new blocks to April 25.

Trump Says He Will Probably Allow E15 Gasoline Sales All Year
Thursday, April 12, 2018 President Trump says his administration may allow the sale of gasoline containing 15% ethanol year-round.

Essar Oil Settles $2.5B Iran Oil Dues, Still Owes About $616MM
Thursday, April 12, 2018 Essar Oil has settled about $2.5B in dues to Iran to cover previous oil purchases and still owes the country, CEO B. Anand says.

Interest in ADNOC Licensing Round Will Likely be 'Substantial'
Thursday, April 12, 2018 Interest in Abu Dhabi National Oil Company's first competitive exploration and production licensing round will likely be 'substantial', according to oil and gas analysts at BMI Research.

New Zealand Halts Future Oil And Gas Offshore Exploration Permits
Thursday, April 12, 2018 New Zealand will not grant any new permits for offshore oil and gas exploration, Prime Minister Jacinda Ardern says.

Iran's Oil Minister Says $60 Is A Good Price For Crude Oil
Wednesday, April 11, 2018 Iranian Oil Minister Bijan Zangeneh says $60 a barrel is a good price for oil currently.

Yemen's Houthis Say Launched Drone Attack On Saudi Aramco Facility
Wednesday, April 11, 2018 Yemen's armed Houthi movement says it has launched a drone strike on a facility belonging to oil giant Saudi Aramco in southern Saudi Arabia.

Norway Govt Presents Johan Castberg Oilfield Plan To Parliament
Tuesday, April 10, 2018 Norwegian government presents the Johan Castberg oilfield development plan for the parliament's approval.

Norway Approves Fenja PDO
Tuesday, April 10, 2018 The Norwegian Minister of Petroleum and Energy approves the plan for the development and operation of the Fenja field.

UAE's ADNOC Launches Oil And Gas Exploration Round
Tuesday, April 10, 2018 Abu Dhabi National Oil Company is launching a competitive exploration and production licensing round for 6 oil and gas blocks, its first ever.

Oklahoma Orders Cut to Disposal Well Volumes Following Quakes
Monday, April 09, 2018 Oklahoma regulators forced an oil and gas producer to reduce operations on a well used for disposing saltwater following a large earthquake over the weekend, an Oklahoma Corporation Commission spokesman said.

Shell's Climate Push Fails to Cut Emissions as US Plants Added
Monday, April 09, 2018 Shell plans to spend as much as $2 billion a year on low-carbon energy sources and intends to halve its carbon footprint by 2050.

Kinder Morgan Halts Most Work on Disputed Canada Pipeline Expansion
Monday, April 09, 2018 Many in the energy industry are concerned about whether any new pipelines can be built in Canada.

Top Iraq Court Set To Rule On Kurdistan Region's Oil Exports
Monday, April 09, 2018 Iraq's top court will begin hearings in May on the legality of oil exports from Kurdistan.

Buhari to Contest in 2019 Nigerian Elections
Monday, April 09, 2018 Nigerian President Muhammadu Buhari will contest for a second term of office in the country's 2019 elections, according to an announcement from Presidency Nigeria on social media site Twitter.

Philippines Eyes Joint Exploration Deal In S. China Sea Within Months
Monday, April 09, 2018 The Philippines is looking to seal a pact with China within a few months to jointly explore for oil and gas in a part of the busy South China Sea waterway claimed by both countries.

Kazakhstan Hopes To Resolve Profit Sharing Dispute With Oil Majors By June
Friday, April 06, 2018 Kazakhstan hopes to settle a profit sharing dispute with global energy companies developing the Karachaganak gas condensate field by June, its deputy energy minister says.

Russia Says Wider Cooperation Arrangement With OPEC Could Be Indefinite
Friday, April 06, 2018 Russian Energy Minister Alexander Novak says that an arrangement under which Moscow cooperates with the OPEC oil group could become indefinite once a current deal to curb oil production expires in the end of the year.

PSAN Grants Companies Consent to Drill Exploration Wells in Barents Sea
Friday, April 06, 2018 Petroleum Safety Authority Norway (PSAN) grants Aker BP and Spirit Energy consent to drill separate wells in the Barents Sea.

Analysts: Iran, Venezuela Biggest Political Risks Facing Oil Sector in 2018
Friday, April 06, 2018 The largest political risks facing the oil and gas sector this year remain centered around Iran and Venezuela, according to BMI Research analysts.

Russia Does Not Expect Fallout For Its Energy Sector From Ex-Spy Poisoning
Friday, April 06, 2018 Russian Energy Minister Alexander Novak says he does not expect negative consequences for the domestic energy sector from the poisoning of ex-double agent Sergei Skripal in England.

Philadelphia Energy Solutions Gets Court Nod Over RINs Burden Relief
Thursday, April 05, 2018 A federal bankruptcy judge approved a settlement between Philadelphia Energy Solutions and the US Environmental Protection Agency.

ACC Chief: US Trade War with China 'Not the Answer'
Thursday, April 05, 2018 Leaders from US trade groups urge different approach.

EIA: US Crude Stocks Drop As Refineries Boost Output
Wednesday, April 04, 2018 US crude stocks fell unexpectedly last week as refineries hiked output, the Energy Information Administration says.

OGA Receives Support to Create UK's First Oil, Gas National Data Repository
Wednesday, April 04, 2018 The UK's Oil and Gas Authority receives 'significant support' from the industry to create the UK's first oil and gas National Data Repository.

Saudi Arabia Expects No Oil Supply Impact From Houthi Tanker Attack
Wednesday, April 04, 2018 An attack on a Saudi tanker by Yemen's Houthis will not hit oil supplies, Saudi Arabia's energy minister says.

Petrovietnam Says S. China Sea Tension To Hurt Offshore Operations
Tuesday, April 03, 2018 Tension in the South China Sea will hurt PetroVietnam's offshore exploration and exploitation activities this year, the state-run oil and gas group says.

Trump EPA Moves to Cut Obama Mileage Rules on Cars, Light Trucks
Monday, April 02, 2018 The Trump administration announced that that fuel-efficiency regulations for cars and light trucks are too stringent and must be revised, formally beginning a process sought by the U.S. auto industry to rollback anti-pollution targets.

Exxon Can't Dodge State Climate Change Probes, Judge Says
Friday, March 30, 2018 US District Judge Valerie Caproni in Manhattan dismissed Exxon's lawsuit claiming officials in New York and Massachusetts conspired with environmental groups.