(Oil & Gas 360) – Energy policy is likely to be among the topics debated on Tuesday, September 10, between Kamala Harris and Donald Trump in their competition to become the next President of the United States. A few topics clearly show a divergence between the two candidates. While the Harris for President campaign site does not offer specific
Oil Price Harold Hamm, the founder of Continental Holdings, is rallying Big Oil executives to support former President Donald Trump’s reelection bid, according to a report from The Washington Post. Hamm, a notable billionaire in the energy sector, has stressed the importance of this election to his oil peers, urging them to contribute to Trump’s campaign in hopes of receiving
World Oil (WO) — Leading national energy associations have expressed strong backing for the Energy Permitting Reform Act of 2024, introduced by Senate Energy & Natural Resources Chairman Joe Manchin (I-WV) and Ranking Member John Barrasso (R-WY). This bipartisan bill aims to enhance American energy security by expediting the permitting process for key energy and mineral projects. Representatives from the
U.S. News WASHINGTON – The top two lawmakers on the Senate energy committee on Monday introduced long-awaited legislation to speed permitting of power transmission, mining and liquefied natural gas export projects. Senators Joe Manchin, an independent who caucuses with Democrats, and John Barrasso, a Republican, said their bill would strengthen the power grid and help keep power prices low. WHY
Oil Price Donald Trump has pledged to ramp up U.S. domestic oil production and undo some regulations to make that happen, the Republican presidential candidate told Bloomberg Businessweek in an exclusive interview published on Wednesday. The interview with the former U.S. president took place at Mar-a-Lago in late June, two days before the first presidential debate and two weeks prior to the
Oil Price Environmental campaigners have slammed Donald Trump’s pick for running mate, Ohio Republican Senator J.D. Vance, saying that he is a climate change denier and a “Big Oil sell-out” who will strongly support continued fossil fuel production. Trump announced on Monday that he had picked Vance, 39, once a critic of the former president but now a staunch supporter, to
U.S. News WASHINGTON – The Biden administration is seeking input on whether to add more areas for protection from oil and gas drilling in Alaska’s National Petroleum Reserve, the Interior Department’s Bureau of Land Management announced on Friday. The BLM will take public comment on whether to update protected areas in the Western arctic, including whether to create new protected
World Oil (Bloomberg) – A U.S. Senate committee is investigating whether oil producers are illegally coordinating with OPEC to raise prices, following allegations that the former head of Pioneer Natural Resources Co. colluded with the group. The probe is being led by Budget Committee Chairman Sheldon Whitehouse, an industry foe. He has requested documents from 18 oil companies — including
World Oil (WO) – The Gulf Energy Alliance (GEA) joined the States of Louisiana, Texas, and Mississippi in a legal challenge to the Department of Interior’s (DOI) Bureau of Ocean Energy Management’s (BOEM) decommissioning rule imposing unnecessary and burdensome financial requirements targeting independent offshore oil and natural gas producers. The new regulation is a solution in search of a problem,
BOE Report TC Energy shareholders voted in favour of spinning off the Canadian company’s liquids pipeline business on Tuesday, creating a new energy infrastructure firm known as South Bow Corp whose assets include the Keystone oil pipeline. The spin-off will help Calgary-based TC lower its high debt load and focus on moving natural gas. South Bow’s assets consist of nearly 4,900
World Oil (Bloomberg) – Top Republicans are warning the Biden administration against tapping into the nation’s strategic oil reserve to bring down gasoline prices with five months to go before the presidential election. The message, sent in a letter Wednesday to Energy Secretary Jennifer Granholm, comes as Biden administration officials have hinted they may be willing to release oil from
Oil Price U.S. Democratic lawmakers have referred the world’s largest international oil companies to the U.S. Department of Justice, urging an investigation into Big Oil’s ‘deceptive claims’ about its products that have misled the public about the effects on climate. The U.S. House Oversight Committee launched in 2021 an investigation over “the reported role of the fossil fuel industry in a long-running, industry-wide campaign
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