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OPEC and Allies Agree to Extend Record Oil Production Cut
June 8, 2020
OPEC and its oil-producing allies agreed on Saturday to extend the group’s historic production cut for an additional month in an ongoing effort to balance the global oil market. The agreement was finalized during the group’s video-conference meeting. “Today we
Illinois Rejects Bid to Delay Decision on Dakota Access Pipeline Expansion
June 8, 2020
Illinois regulators on Thursday unanimously rejected a request by environmental groups to delay a decision on Energy Transfer LP’s Dakota Access Pipeline expansion due to the coronavirus pandemic. Save Our Illinois Land and Sierra Club, which oppose the expansion, told
Fate of Wyoming’s June 22 Oil and Gas Lease Sale Unknown
June 8, 2020
A slew of oil and gas lease sales across the West have been postponed in recent weeks by the Bureau of Land Management. The quarterly auctions of public land for energy development have been postponed one-by-one in New Mexico, Utah,
ALTIVIA Acquires KMCO Crosby Facility in Texas
June 5, 2020
ALTIVIA Oxide Chemicals, LLC, an affiliate of ALTIVIA Petrochemicals, announced that it has acquired KMCO and its associated chemical ethoxylation manufacturing assets in Crosby, Texas. The facilities, located on 160 acres near Houston, include 31 reaction and distillation trains with
Golden Pass LNG Developer Seeks to Boost Production at Texas Terminal
June 5, 2020
Golden Pass LNG Terminal wants federal approval to increase the authorized export capacity of the LNG plant under construction in Texas from 15.6 million tonnes per annum to 18.1 mtpa. The developer of the estimated $10 billion project, backed by
EPA Moves Ahead with Methane Rule Rollback for Oil Sector
June 5, 2020
President Donald Trump’s administration says it could rescind requirements for oil and gas companies to reduce their emissions of methane, a potent greenhouse gas, by the end of next month. The US Environmental Protection Agency (EPA) on May 29 submitted
Enbridge Line 3 Project May Face Delay on Longer Permit Process, Minnesota
June 5, 2020
Enbridge Inc.’s replacement and expansion of its Line 3 crude-oil pipeline faces more potential delays after Minnesota regulators said they’ll conduct a longer, contested process for granting the project a key permit. The deadline for the project’s Water Quality Certificate
Trump Administration Cuts Royalty Rates for Oil and Gas Companies
June 4, 2020
The Trump administration has started giving energy companies temporary breaks on royalties and rent they pay to extract oil and gas from leases on public lands because of the coronavirus pandemic. Colorado is among states generating substantial amounts of revenue
NOIA Releases New Report on Gulf of Mexico Oil & Gas Economic Impacts
June 4, 2020
The National Ocean Industries Association (NOIA) released the study, The Economic Impacts of the Gulf of Mexico Oil & Natural Gas Industry. Prepared by Energy & Industrial Advisory Partners (EIAP), the report examines the economic impact of the Gulf of
Gas and Oil Drilling in National Forests May Expand Under Rule Plan
June 4, 2020
A proposed U.S. Forest Service could possibly give the Interior Department more sway over land leasing decisions, legal analysts and conservationists say. The rulemaking, announced in 2018, aims to align the Forest Service’s leasing practices with those of the Bureau
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