SPR levels were significantly depleted by sales in 2022. Congress included a provision in the 2023 spending bill that cancels certain mandated sales from the Strategic Petroleum Reserve…
Read MoreOil and gas production
Federal Contractors Converge to Clean Up Keystone Oil Spill
Third rupture to occur along the pipeline in five years. Federal contractors joined state and private contractors this week to clean up the Keystone Pipeline’s third oil spill…
Read MoreLand Bureau Drafts Rules to Prevent Methane Leaks
Proposal would require monthly leak detection for oil and gas drilling. The Bureau of Land Management (BLM) proposed rules this week to curb methane gas leaks from oil…
Read MoreGAO Seeks Cybersecurity in Oil and Gas Infrastructure
New report finds Interior Department has not taken sufficient protective steps. The Government Accountability Office (GAO) has issued its report titled “Offshore Oil and Gas Strategy Urgently Needed…
Read MoreOFAC Sanctions Companies Linked to Iranian Oil
Fifth round of designations against Iranian petroleum trade. The Office of Foreign Assets Control at the Department of the Treasury recently sanctioned 13 companies for their facilitation in…
Read MoreHHS Announces $4.5 Billion for Winter Heating Costs
The program helps subsidize heating for over 5 million households The Department of Health and Human Services has announced $4.5 billion to help low- to middle-income families pay…
Read MorePresident Announces Restrictions on Methane Emissions
Methane is a potent greenhouse gas. President Joe Biden gave a speech before the United Nations COP27 climate convention in Sharm el Sheikh, Egypt, in which he announced…
Read MoreUnited Nations Climate Conference Convenes in Egypt
The conflict in Ukraine has created hurdles regarding energy. Representatives from around the world are meeting for the United Nations climate summit, called COP27, which convened on Sunday…
Read MoreVice President Announces Heating Bill Assistance
Low Income Home Energy Assistance Program to help with costs this winter. On Wednesday while in Boston, Vice President Kamala Harris introduced an initiative by President Biden’s administration…
Read MorePresident Calls for Oil Companies to Reinvest Profits
He urged Congress to raise their taxes if production is not increased. President Joe Biden has urged Congress to increase taxes on oil and gas companies’ profits if…
Read More