Saturday, January 4, 2025
Several stalled or presumed dead energy projects are back in the driver’s seat in 2017,

House Passes Two Bills to Overhaul Oil & Gas Pipeline Permitting

The House of Representatives has passed two energy bills that introduce targeted reforms to the federal government’s permitting and siting policies for oil and natural gas pipelines. The House today passed the following bills: H.R. 2883, Promoting Cross-Border Energy Infrastructure Act, authored by committee members Rep. Markwayne Mullin (R-OK) and Rep. Gene Green (D-TX), would: Replace the Presidential Permitting approval

Russia, Venezuela Discuss Citgo Collateral Deal to Avoid U.S. Sanctions

From Reuters Russia’s top oil producer Rosneft is negotiating to swap its collateral in Venezuelan-owned, U.S.-based refiner Citgo for oilfield stakes and a fuel supply deal – a move to avoid complications from U.S. sanctions, two sources with knowledge of the negotiations told Reuters. State-owned Rosneft holds a 49.9 percent stake in Citgo as collateral for a loan last year