Sunday, September 1, 2024
House Democrats seek reform of federal lands drilling program- oil and gas 360

House Democrats seek reform of federal lands drilling program

Reuters WASHINGTON – U.S. Democratic lawmakers in Congress on Tuesday introduced a set of bills to reform federal oil and gas leasing regulations, including by raising royalty rates and toughening cleanup requirements. The bills would update decades-old laws governing oil and gas drilling to boost the program’s value for taxpayers. While the proposals would not deliver on President Joe Biden’s

Oil industry lobby weighs support of carbon pricing: source- oil and gas 360

Oil industry lobby weighs support of carbon pricing: source

Reuters WASHINGTON – The main U.S. oil industry lobby group, the American Petroleum Institute, is weighing endorsing a price on carbon emissions, a major shift after long resisting mandatory government climate policies, a source familiar with the decision-making said. The American Petroleum Institute, which includes most of the world’s biggest oil companies, is considering endorsing carbon pricing “among other policy

Global oil demand recovery, gas growth ahead, say Aramco, Chevron CEOs- oil and gas 360

Global oil demand recovery, gas growth ahead, say Aramco, Chevron CEOs

Reuters Global oil demand is recovering and could return to around pre-pandemic levels next year, the chief executives of Saudi Aramco and Chevron Corp told an oil and gas conference on Tuesday. The coronavirus pandemic last year wiped out a fifth of worldwide demand for fuel as billions of people stopped traveling and sheltered at home. Global demand for oil

OPEC president says oil market rebalancing, pandemic still a risk-oil and gas 360

OPEC president says oil market rebalancing, pandemic still a risk

Reuters LISBON- The global oil market is rebalancing after damage to demand wrought by the COVID-19 pandemic was met with curbs on output by producers from the Organization of the Petroleum Exporting Countries (OPEC), the group’s president said on Tuesday. “Crude prices are relatively stable … we see a certain balance between demand and supply,” OPEC president Diamantino Azevedo told

Premium Content

  • Analytics: Data,
    Dashboards, Knowledge
  • EnerCom Conference Replays
  • Exclusive Video Interviews