environment – Oil & Gas 360

Chesapeake Energy CEO: Biden’s LNG ban to hurt consumers, environment, U.S. allies

February 9, 2024

World Oil (Bloomberg) – The Biden administration’s pause on new licenses to export liquefied natural gas (LNG) will hurt consumers, the environment and U.S. allies, according to the head of one of the country’s top gas producers. “It works counter to a number of things that the administration says they would like to accomplish,” Chesapeake Energy Corp. Chief Executive Officer

Yale Study: ESG investing isn’t doing much for the environment

July 3, 2023

Oil Price ESG or environmental, social and governance investing is facing troubles. Higher bond yields drove an astonishing £304m out of the sector in May. This largely reflects a natural market dynamic – investors are chasing higher returns by moving from shares to bonds. Yet perhaps there should be some deeper angst at play. Is ESG investing really everything it

States ask Trump administration to pay laid off oil workers to plug abandoned wells

May 6, 2020

Reuters A coalition of U.S. oil producing states has asked the Trump administration for stimulus funds to hire laid off energy workers to plug abandoned wells, a proposal aimed at fending off unemployment while tackling a growing environmental problem, a spokeswoman for the group said. The request from the Interstate Oil and Gas Compact Commission, a consortium of 31 states,

Bloomberg’s Energy Policy makes sense for a billionaire. Does it make sense for you?

February 18, 2020

Forbes As he rises in the polls and publicity, it is important to examine the implications of Michael Bloomberg’s energy and environment policy. Is it feasible? How would it impact the US economy? What would it mean for the bank accounts of Americans? What would it mean overall to our greenhouse gas emissions and the environment? Since Bloomberg has not

House Republicans caught between Trump and young voters on climate change

January 26, 2020

Politico GOP leaders are putting together their own more modest set of climate policies that their party can rally behind. House Republicans know they face a growing vulnerability with young voters on climate change — but their attempts to craft a greener message are running headlong into their allegiance to President Donald Trump. Unlike Trump, the chamber’s GOP lawmakers have largely

Trump Administration Moves to Limit State Powers to Block Pipelines, Terminals

August 9, 2019

From Reuters The U.S. Environmental Protection Agency on Friday unveiled a proposal that would curb state powers to block pipelines and other energy projects, as part of the Trump administration’s effort to boost domestic oil, gas and coal development. The move, swiftly criticized by an organization representing progressive states, comes four months after President Donald Trump ordered the EPA here

Texas County Sues Exxon Over Air Pollution from Petrochemical Fire – Official

August 1, 2019

From Reuters Harris County, Texas sued Exxon Mobil Corp on Thursday over pollution from a fire a day earlier at the company’s Baytown Olefins Plant, according to an attorney for the county. The fire was being investigated by federal and state agencies. The U.S. Occupational Safety and Health Administration (OSHA) and the Texas Commission on Environmental Quality (TCEQ) were at

Big Oil is Investing Billions in Potentially Worthless Projects

May 30, 2019

From Bloomberg Businessweek By Mathew Carr The top 10 energy companies are planning investments approaching $1 trillion by 2030, in everything from finding and tapping new fields to equipment ranging from drones to drilling rigs. If the oil and gas business rolls along as it has for the past century, those projects will likely pay off in fat profits for

Another British Columbia LNG Export Facility Moves Forward

October 19, 2018

Vancouver-based Kwispaa LNG, a subsidiary of Steelhead LNG, announced on October 17 that it submitted a project description to the British Columbia Environmental Assessment Office and Canadian Environmental Assessment Agency. According to the project description, Kwispaa is proposing to “develop, construct, and operate a liquefied natural gas (LNG) export facility at Nuumaqimyiis Bay (also known as Sarita Bay) in the

Russia's May oil output hits 11-month low on dirty oil crisis - Oil & Gas 360

Canada’s Proposed Bill C-69 Would Require Energy Project Environmental Assessments to Take Climate Change into Account

May 31, 2018

Bill gives cabinet and environment minister final power to approve or reject a project regardless of the findings of an environment assessment In February 2018, Catherine McKenna, the federal Minister of Environment and Climate Change, introduced Bill C-69. The bill may replace the Canadian Environmental Assessment Act of 2012 (CEAA 2012) with the Impact Assessment Act. McKenna claimed the new

Director Julie Murphy Begins Her Era as Colorado’s Top Oil Regulator

March 19, 2018

Julie Murphy was welcomed by her fellow colleagues as the COGCC held its March 19, 2018 hearing, and during a lively public comment session, voices both for and against oil and gas development were inked into the record The Colorado Oil and Gas Conservation Commission started the day with a brief roll call and welcomed a new honcho, Director Julie

Waste Disposal is Growing Need in the Permian Basin

December 5, 2017

New landfill infrastructure Petro Waste Environmental LP is starting construction on its Deep Six and Big Lake landfills in the Permian Basin with its joint venture partner Trinity Environmental Services. The Deep Six landfill will be adjacent to Trinity’s Deep Six saltwater disposal facility on a 212-acre tract in Reeves County, Texas, 10 miles south of the city of Pecos.

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