Regulation ///

Russia, Poland set goal to restart oil pipeline as tensions linger

Although compensation for damage caused during a contamination crisis remains a sticking point, Russia and Poland said flows of clean oil through the giant Druzhba pipeline into Europe could resume within 2 1/2 weeks.

What do billionaire Charles Koch, Sierra Club, and API have in common?

The Sierra Club, the American Petroleum Institute and billionaire Charles Koch have found at least one thing to agree on: they hate Ohio’s plan to take away renewable power subsidies and give them to coal and nuclear plants.

Texas RRC commissioners asses an additional $300,000+ in penalties during May 2019

The Railroad Commission of Texas assessed $301,069 in fines involving 163 enforcement dockets against operators and businesses at the commissioners' conference this week.

Apollo Safety announces ManDown/Lone Worker safety device launch

Apollo Safety, Inc., providers of gas detection products and services for hospitals, universities, government operations, public utilities, manufacturing, Biotech and other organizations, recently introduced the availability of enhanced Man Down/Lone Worker detection devices from Industrial Scientific.

Guyana investigating offshore leases controlled by Exxon, Tullow

Guyana’s anti-corruption agency is investigating how leases were awarded in its deepwater oil region, including those controlled by Exxon and Tullow.

Investor group to place $10 billion bet on East Med gas

An investor group is planning a major shakeup of the Eastern Mediterranean natural gas industry in a bid to unlock sales stymied by the political and industrial complexities of the region.

Oxy begins engineering the world’s largest direct air capture and sequestration plant

Oxy Low Carbon Ventures, LLC (OLCV), a subsidiary of Occidental, and Carbon Engineering Ltd. (CE), a Canadian clean energy company, has announced they are jointly proceeding with the engineering and design of the world’s largest Direct Air Capture (DAC) and sequestration facility.

U.S. President Donald Trump likes fossil fuels but investors don't

Fossil fuel never had a better friend in the White House than Donald Trump.

U.S. House of Representatives passes energy and water development appropriations, API responds

API released the following statement after the U.S. House of Representatives passed the Energy and Water Development Appropriations bill for fiscal year 2020, providing record funding for the U.S. Army Corps of Engineers.

TechX Ventures accelerates low-carbon technology solutions for oil and gas

The Oil & Gas Technology Centre (OGTC) and Deep Science Ventures (DSV) have selected two pioneering start-up companies to join industry-leading technology accelerator program, TechX Pioneers.

Rovco awarded suite of HSEQ certifications

Subsea service specialist Rovco has been awarded the full suite of health, safety and environmental management system standards by DNV – only two and a half years after they launched.

RRC commissioners assess greater than $300,000 in penalties during May proceedings

The Railroad Commission of Texas assessed $302,152 in fines involving 152 enforcement dockets against operators and businesses at the Commissioners’ conference this week.

BSEE employs data analysis to manage risk, make operations safer

The Bureau of Safety and Environmental Enforcement (BSEE) has released a report highlighting first-year results of the Risk-Based Inspection (RBI) Program.

Iranian crude shipments slump as U.S. oil sanctions bite deeper

Iran’s oil shipments tumbled this month after the U.S. ended sanctions waivers that allowed eight governments to buy from the Persian Gulf country.

OTC: DOE continues to address technology and market challenges

The DOE's offshore research and technology solutions continue to support President Trump’s goals for energy dominance and the America-First Offshore Energy Strategy.

ExxonMobil to invest up to $100 million on lower-emissions R&D with U.S. national labs

ExxonMobil has said it will invest up to $100 million over 10 years to research and develop advanced lower-emissions technologies with the U.S. Department of Energy’s National Renewable Energy Laboratory and National Energy Technology Laboratory.

Exxon CEO seeking solution to climate change in a lab

For Darren Woods, Exxon Mobil Corp.’s CEO, the answer to climate change won’t be found in solar panels or high-profile global accords, but rather in a U.S. government laboratory.

Iran hasn't cut offshore oil nor halted exports, according to IOOC

Iran’s offshore oil production hasn’t seen any reduction and the country just loaded crude for export, said Hamid Bovard, head of the Iranian Offshore Oil Co.

BSEE finalizes improved BOP, well control regulations

The U.S. Department of the Interior’s (DOI) Bureau of Safety and Environmental Enforcement (BSEE) released the final improved Blowout Preventer Systems and Well Control regulations.

Well control rule enhances safe offshore operations, according to API

The release of revisions to the Bureau of Safety and Environmental Enforcement (BSEE) Well Control Rule is a part of an ongoing effort that has strengthened industry’s actions on safe operations and a regulatory framework that promotes updated, modern, and safe technologies, industry best practices, and operations.