Regulation ///

Denver's Adams County approves moratorium due to SB 181

Despite an overwhelming public response from Adams County residents who spoke out against a temporary ban on oil and natural gas permits, Adams County Commissioners voted 5-0 to approve a new six-month moratorium.

Trump has a plan to preserve benefits for oil drillers in future

A top Interior Department official told oil industry leaders the Trump administration is seeking to sign contracts leasing new coastal waters for oil drilling under favorable terms that will be difficult for future presidents to revoke or rewrite.

North Korea bypassing sanctions with illicit oil, coal transfers

North Korea successfully evaded sanctions to import as much as seven-and-a-half times the allowed amount of refined petroleum last year, according to the U.S. government.

AMLO risks a fall as he tries to pull Pemex back from the brink

Pemex is personal for Andres Manuel Lopez Obrador, who grew up in Mexico’s oil heartland at a time when the state company was a source of national pride.

Oil hits 2019 high as OPEC+ re-commits to cuts in the near term

Oil closed at its highest yet this year as OPEC and its partners committed to continuing production cuts until at least June, when they will meet to discuss an extension.

Houston chemical fires to rage for two days until fuel burns out

Petrochemical tank fires that covered the Houston skyline in thick, black smoke will likely burn for two more days or until the fuel runs out, first responders said.

OPEC+ affirms commitment to oil cuts, defers decision to extend

Saudi Arabia led fellow members of the OPEC+ coalition to reaffirm their commitment to output cuts, but conceded they should defer until June the decision on whether to extend the curbs.

Eni will plant forests to eliminate CO2 from its oil operations

Eni SpA committed to eliminating all carbon dioxide emissions from its oil and gas exploration and production operations by the end of the next decade, in part by planting forests on a large scale.

Oil industry extends olive branch to green new dealers

The U.S. energy czar and former Texas governor, Rick Perry had a startling response to the author of the Green New Deal: Let’s talk.

CERA Week 2019 Day 2 - Leadership

During Day 2 of CERAWeek 2019, the leadership dialogue continued with Chevron Chairman of the Board and CEO Mike Wirth, who spoke to the crowd about Chevron’s goals in the Permian basin and Gulf of Mexico.

Targets needed to get more women in oil: Shell's U.S. head

Targets needed to get more women in oil: Shell's U.S. head

Offshore oil, gas exploration strengthens Land and Water Conservation Fund

Yesterday, the Florida Petroleum Council welcomed the permanent re-authorization of the Land and Water Conservation Fund (LWCF) into law as part of the public lands bill, S. 47 (116).

Colorado lawmakers weigh dramatic overhaul of oil drilling laws

A proposal to overhaul Colorado’s drilling laws had its first hearing yesterday, pushing the bill one step closer to a vote by the Democrat-controlled state legislature.

Colorado Petroleum Council, Colorado Oil and Gas Association lead rally to protect Colorado jobs against Senate Bill 181

Today, the Colorado Petroleum Council and the Colorado Oil and Gas Association will join energy workers and supporters from across Colorado for a rally to protect and defend the hundreds of thousands of Colorado jobs supported by the state’s oil and gas industry.

Enbridge pipeline delayed a year in hit to Canadian oil industry

In a major blow to the Canadian oil industry, Enbridge Inc. now expects the replacement and expansion of its Line 3 crude oil pipeline to be in service about a year later than expected.

Weatherford successfully pursues patent infringement lawsuit against Tesco

Weatherford Technology Holdings, LLC is pleased to announce it has successfully pursued an intellectual property lawsuit against Tesco Corporation, a wholly owned subsidiary of Nabors Industries, to a favorable outcome.

DNV GL extends the capability of failure investigations with new Houston facility

DNV GL has opened a failure analysis facility in Houston, Texas which will provide failure analyses that support the industry in conducting effective and efficient root cause analyses.

Nigeria boosts January's oil production, complies with OPEC in February

Nigeria implemented its portion of the OPEC+ production deal in February, said the country’s oil minister, a move that enhances the impact of supply cuts that have already boosted crude prices.

U.S. sanctions on Venezuela are a blessing to Colombian oil

U.S. Gulf refiners are bidding up prices for Colombian crude amid sanctions on Venezuelan imports, historically one of America’s top oil suppliers.

API releases updated standard on pipeline systems integrity

The American Petroleum Institute released the third edition of API Recommended Practice 1160 (RP 1160), “Managing System Integrity for Hazardous Liquid Pipelines.”