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Bank of America Walks Back Much-Touted Pledge to Not Finance Coal, Arctic Drilling
February 6, 2024
Bank of America appears to be backtracking on its late 2021 pledge to cease financing new coal and Arctic initiatives, based on company documents. Bank of America had committed to terminate its direct funding of coal mines, coal-fired power plants
W.Va. Senate Energy Committee Approves Carbon Dioxide Sequestration Bill, Paves Way for New Projects
February 6, 2024
The W.Va. Senate Energy Committee approved a carbon dioxide sequestration bill needed to pave the way for the state hydrogen hub and other carbon capture projects. SB 596 makes code changes needed for the U.S. EPA to grant the state
Feb. 6: Politics Over People: How Biden’s LNG Export Ban Threatens America’s Economic Security
February 5, 2024
House Energy and Commerce Committee Chair Cathy McMorris Rodgers (R-WA) and Energy, Climate, and Grid Security Subcommittee Chair Jeff Duncan (R-SC) will hold a subcommittee hearing titled “Politics Over People: How Biden’s LNG Export Ban Threatens America’s Energy and Economic
U.S. Drillers Cut Oil and Gas Rigs for First Time in Three Weeks
February 5, 2024
U.S. energy firms last week cut the number of oil and natural gas rigs operating for the first time in three weeks, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig
Sempra and JBIC Enter MOU to Improve Global Energy Supply Chain
February 5, 2024
Sempra Infrastructure, a subsidiary of Sempra, has entered into a memorandum of understanding (MOU) with the Japan Bank for International Cooperation (JBIC) to cooperate on opportunities to advance the energy transition. Through this MOU, Sempra Infrastructure and JBIC aim to
West Virginia Senator Manchin Promises Hearing on LNG Export Pause
February 2, 2024
Senator Joe Manchin (D-WV), chairman of the U.S. Senate Energy and Natural Resources Committee, released a statement in response to the administration pausing new export permits for liquefied natural gas (LNG) sent to non-free trade agreement countries. “Unfortunately, the announcement
BOEM Releases Final Rule, Adjusts Monetary Penalties for Oil and Gas Companies
February 1, 2024
The Bureau of Ocean Energy Management (BOEM) has released a final rule that implements the 2024 inflation adjustments for the maximum daily civil monetary penalties contained in BOEM regulations in accordance with Federal law. The Federal Civil Penalties Inflation Adjustment
West Virginia Bill Would End State Enforcement of Some EPA Rules and Regulations
February 1, 2024
A bill introduced in the West Virginia House would end state and local enforcement of certain Environmental Protection Agency (EPA) rules and regulations. Sen. Patrick Martin and Sen. Robert Karnes introduced Senate Bill 358 (SB358) on Jan. 12. Titled the
Biden Pause on American LNG will Slow Economic Growth, Boost Emissions and International Adversaries
February 1, 2024
In a move designed to assuage climate activist groups, the Biden Administration has announced a pause on all pending approvals of U.S. liquid natural gas (LNG) export permits — a decision that will slow the growth of U.S. LNG and
Tallgrass Energy, Bridger Starts Open Season for Pony Express Pipeline
January 31, 2024
Tallgrass Pony Express Pipeline, operated by Tallgrass, together with Bridger Pipeline have launched a new binding joint tariff open season for shipper commitments for crude oil transportation from Bridger’s Guernsey Hub and Pony Express’ Guernsey and Sterling origins in exchange
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