The Obama administration announced Monday it plans to tighten regulations for offshore oil rigs, saying the new measures will help prevent oil-well blowouts and minimize environmental damage.”The proposals announced by the Interior Department would substantially overhaul the technical guidelines for drilling on the U.S. continental shelf, adding dozens of new requirements aimed mostly at stopping… Keep reading →
Regulation
Energy News Roundup: New Offshore Rig Regulations, Germany Energy Crisis & Proposed Bakken Pipeline
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By Pat Adams | U.S. Department of EnergyOver the weekend, Secretary of Commerce Penny Pritzker and Deputy Secretary of Energy Elizabeth Sherwood-Randall landed in China to lead a presidential trade mission focused on connecting U.S. businesses with opportunities in the green infrastructure and energy efficiency industries. This trade mission will promote “smart cities,” including technologies for green buildings, carbon capture,… Keep reading →
California energy regulators have hit Pacific Gas & Electric with a record $1.6 billion penalty in the 2010 San Bruno pipeline explosion that left eight people dead. But at least one member of the Public Utilities Commission thinks even more dramatic action might be needed to ensure the investor-owned utility operates efficiently and safely. “The… Keep reading →
The more the 50 percent crude oil price decline since July 2014 has impacted oil and gas industries throughout the supply chain and reignited energy policy debates at federal and state levels. Light, sweet oil has accounted for the majority of the domestic production increase over the last eight years, but since U.S. refiners are… Keep reading →
Energy News Roundup: Pacific Warm Blob, Canada Energy Future & Coachella Ignores Drought
By Conor O'SullivanTwo new studies have revealed new research over the “warm blob” in the northeast Pacific ocean — a 2 degree C temperature anomaly that began in the winter of 2013-2014 in the Gulf of Alaska. “The 2013-2014 “blob” was just the beginning. In the summer of 2014, warm water also showed up off the California coast.… Keep reading →
P5+1 Reach Framework Agreement With Iran
By David J. Levine | McDermott Will & EmeryAs widely reported, the United States, China, France, Germany, Russia and the United Kingdom (the P5+1), coordinated by the European Union’s High Representative, reached a Framework Agreement with Iran on April 2, 2015, pursuant to which the parties will work through June 2015 to craft a Joint Comprehensive Plan of Action (JCPOA).
Iranians Debate: What Next With The United States?
By Mehdi Khalaji and Patrick ClawsonPresident Rouhani speaks of conciliation with the United States, but the differing bilateral descriptions of the parameters have some Iranians worried that a deal is by no means certain. Debate is raging inside Iran about the meaning of what happened in Lausanne last week. Two of the biggest questions center on why the U.S. and… Keep reading →
Washington State Must Step up Renewable Energy Game
By Bryce SmithAs the CEO of a Seattle-based solar company, I know that our state’s forward-looking clean energy policies are a major reason why cutting-edge businesses have decided to set up shop here in Washington. But in the past decade, other states have caught on. They’ve learned from our example. They’ve learned that investing in clean tech… Keep reading →