Mexico’s efforts to attract foreign private investment to its oil and gas industry for the first time in over seven decades only resulted in two companies registering successful bids for the 14 blocks that were on offer in the Round One leasing auction on July 15. According to the Secretaría de Energía de México (SENER),… Keep reading →
At an event last month, API President and CEO Jack Gerard sketched the broad outlines for a national conversation on energy, connecting energy policy with the approaching 2016 elections. It’s an appropriate linkage. Our country has become a global energy superpower thanks largely to private innovation and entrepreneurship, which have created a generational opportunity –… Keep reading →
A study published today in Environmental Science & Technology confirms official figures from the Environmental Protection Agency showing that an enormous amount of methane – about 80 billion cubic feet per year – is escaping from thousands of key nodes along the nation’s natural gas interstate pipeline system. This equals the 20-year climate impact of… Keep reading →
States can lower their electricity bills for consumers and businesses by complying with the Obama administration’s climate rule for power plants, a new report has concluded. [The Hill] The British government has announced plans to cut the costs of subsidies for renewable forms of energy, including solar and wind. [The NY Times] France have passed… Keep reading →
Oh, you didn’t know that penalties are tax deductible?
On July 15, 2015, the United States Environmental Protection Agency (EPA) published a final rule significantly expanding its program for underground storage tank (UST) systems that store petroleum or hazardous substances.
Bar the Shell-BG merger in April 2015, the value of oil and gas mergers in the second quarter of 2015 was the lowest since 2008. [EIA] Hawaii Governor David Ige has stated that he doesn’t support the sale of Hawaiian Electric to Florida-based NextEra Energy. [The Huffington Post] A strategy pushed by former Alaska Governor… Keep reading →
The Supreme Leader’s initial reaction has sent discouraging signals about Iran’s willingness to comply with its commitments in the long term. As expected, Ayatollah Ali Khamenei’s reaction to the nuclear deal was utterly different from that of President Hassan Rouhani. Right after the agreement was announced on July 14, Rouhani appeared on state television and… Keep reading →
Hewlett Packard announced a 12-year contract to buy a stake in a wind farm that Sun Edison plans to expand in Texas. [The NY Times] House Republicans have unveiled a package of bills outlining their plans for the country’s energy infrastructure. [The Hill] Pepco takes more than a month longer to connect customers who want to use… Keep reading →
