Proposed rules for the 45V hydrogen production tax credit leave blue hydrogen up in the air, but producers planning to use natural gas with carbon capture and storage have options.
The Inflation Reduction Act sections 45Q and 45Z are incentives to invest in energy transition and renewable energy projects, but they involve legal considerations to account for.
The industry must evaluate its price of carbon to prepare for the impact of a possible border tax.
Sources say the White House plans to add climate change considerations to LNG export approval process.
Growing party infighting makes Washington, D.C., a difficult place for the energy industry to get things done.
With an expectedly close presidential election and small margins of control in both houses of Congress, more policy and regulatory unpredictability is certain for the U.S. oil and gas industry.
Natural gas mergers can bring more federal attention, and Chesapeake and Southwestern’s dominant positions in the Haynesville Shale and Appalachian Basin are likely to raise eyebrows.
Expect energy policy to be a dominant theme in the 2024 elections.
Chevron and Exxon are set to write off billions of dollars worth of California assets because of strict laws and regulations that the companies say won’t change oil consumption but will shift profits to foreign producers such as Saudi Arabia.
Louisiana’s Office of Conservation is “staffed up and ready” after the EPA granted the state oversight of carbon sequestration wells.