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API: Congress Needed for Long-Lasting Policy Changes
The American Petroleum Institute lays out its political plans as the next presidential administration prepares to take office.
Pioneer to Adapt Emvolon’s Flare Gas-to-Methanol Tech
The Department of Energy awarded Pioneer Energy $6 million to demonstrate the technology at an oil and gas facility in the Eagle Ford Shale for 12 months.
Biden Administration to Release Short-Term Guidance on Clean Fuel Tax Credit, Sources Say
Biofuel companies will have to wait to see if Trump will back the plan on the highly anticipated guidelines on new clean fuel production tax credits.
Dell: Folly of the Forecast—Why DOE’s LNG Study Will Invariably Be Wrong
Kimmeridge’s Ben Dell says the Department of Energy’s premise that increased LNG exports will raise domestic natural gas prices ignores a market full of surprises.
California Resources Advances California’s First CCS Project
California Resources Corp. will invest between $14 million and $18 million to capture the CO2, the company said in a news release.
Biden to Ban Offshore Oil, Gas Drilling in Vast Areas Ahead of Trump Term
The ban is set to affect 625 million acres of ocean but mostly covers areas without important drilling prospects.
New York to Fine Fossil Fuel Companies $75B Under New Climate Law
New York state will fine fossil fuel companies a total of $75 billion over the next 25 years to pay for damage caused to the climate.
Russia Declares Federal Emergency Over Black Sea Oil Spill
Russia declared a federal emergency on Dec. 26 over an oil spill in the Black Sea.
Midwesterners to CCUS: Not in My Corn Field
Midstream firms in the Midwest are running into brick walls of local opposition against carbon capture projects.
Permian Operators Cut Methane Emissions by 26% in 2023, S&P Global Says
S&P Global credits improved equipment and technology for helping with methane emissions reductions in the Permian Basin.