On December 30, 2014, the U.S. Department of Commerce’s Bureau of Industry and Security (“BIS”) issued answers to six FAQs regarding the longstanding U.S. crude export oil ban. In these FAQs, BIS stated that lease condensate that has been processed through a crude oil distillation tower is not considered “crude oil.”
Former Chesapeake Energy Chairman and CEO Aubrey McClendon is back in the news for allegedly stealing corporate secrets on his way out the door in 2013. McClendon is famous for founding Chesapeake and embracing new drilling technology that helped make the company one of the largest US natural gas producers. However, conflicts of interest began… Keep reading →
Shale Gas and Tight Oil are Commercially Produced in Just Four Countries EIA Today in Energy: The United States, Canada, China, and Argentina are currently the only four countries in the world that are producing commercial volumes of either natural gas from shale formations (shale gas) or crude oil from tight formations (tight oil). The… Keep reading →
Ed. note: This is a weekly column by Elie Mystal, Managing Editor of Above the Law Redline. This space will focus on the laws that exist, should exist, and should be put out of their misery. OVER-REGULATED: The Pipeline That Won’t Die: How about we agree to build the Keystone pipeline, but only send beer… Keep reading →
Energy management can be complicated, and the projects organizations must tackle run the gamut: from small-scale lighting and HVAC upgrades to whole building retrofits; from baselining energy consumption to data analysis of enterprise-wide energy management systems; and from volunteer employee engagement programs to executive-level goal setting. So if you’re an energy manager, there’s no doubt… Keep reading →
Oil prices increased to their highest in nearly two months on Monday, following concerns over escalating conflict with Islamic State militants in Libya and threats to withhold exports from Iraq’s semi-autonomous Kurdish region. “Egypt bombed Islamic State targets inside Libya on Monday and Cairo renewed calls for a U.S.-led coalition to confront militants there a… Keep reading →
Deputy Secretary Elizabeth Sherwood-Randall Discusses Importance of Public-Private Partnerships at White House Cybersecurity Summit STANFORD, CA – Today, Deputy Secretary of Energy Elizabeth Sherwood-Randall participated in a panel discussion on the “Public-Private Collaboration on Cybersecurity” as part of the White House Summit on Cybersecurity and Consumer Protection keynoted by President Obama. Moderated by Homeland Security… Keep reading →
New York State’s one-billion-dollar[1] Green Bank opened for business in 2014 and has begun committing to transactions. The Green Bank’s self-professed sweet spot is investments between $5 million and $50 million.
This speech is important. Royal Dutch Shell CEO Ben Van Beurden says that it is time for the oil industry to join the debate over climate change. Shell has long advocated for a price on carbon, but in a speech Thursday in London he took the message farther by saying: “Our sector needs to enter… Keep reading →
The DOI’s fourth competitive renewable energy lease sale on the Outer Continental Shelf has nearly doubled the federal offshore acreage available for commercial-scale wind energy projects. Despite the expanded acreage, the U.S. offshore wind industry continues to face unique challenges of high costs, mitigation of environmental impacts, project installation, and grid interconnection, and continued federal offshore… Keep reading →
