The massive Pacific Rim region is home to the world’s largest economies and some of its biggest exporters and importers of oil and gas
EIA
Energy In The Pacific Rim: What’s New And What’s Next
By Vivek Warrier | Bennett Jones LLPSign up and get Breaking Energy news in your inbox.
We will never sell or share your information without your consent. See our privacy policy.What To Watch For As Methane Targets Become The New Normal
By Environmental Defense Fund Energy Exchange BlogLast October, the 10 CEOs of major oil and gas producers, including BP, China National Petroleum and Saudi Aramco, announced an aspiration to reach near zero methane emissions from their companies’ natural gas value chains. They pledged, as part of their participation in the Oil & Gas Climate Initiative (OGCI), to work together on a target that… Keep reading →
Natural Gas Market Growth And Keeping A Level Playing Field
By Energy Tomorrow BlogDomestic natural gas abundance – safely developed with modern hydraulic fracturing and high-tech horizontal drilling – has benefitted consumers and the economy while reducing greenhouse gas emissions and helping make our air cleaner. Sustaining and growing those benefits largely depends on market growth for natural gas – to add production that production must have new and/or growing markets… Keep reading →
Don’t Let U.S. LNG Exports Become Casualty Of Tariff Policy
By Energy Tomorrow BlogA couple of observations on China’s announcement late last week that it may impose a 25 percent tariff on U.S. shipments of liquefied natural gas (LNG) to that country – which would be in retaliation for announced U.S. tariffs on certain Chinese goods coming into this country. First, China was the third-largest importer of U.S. LNG in… Keep reading →
Think: U.S. Oil, Increased Access To Boost Global Supply
By Energy Tomorrow BlogBig news in the latest API Monthly Statistical Report: U.S. crude oil production rose to an all-time record of 10.7 million barrels per day (mbd) in June – the largest monthly output, ever. Below, the U.S. Energy Information Administration’s chart showing U.S. oil production since the era of Col. Edwin Drake, with annual output peaking at 9.637… Keep reading →
Happy Birthday, America! Celebrating Independence Day will take many forms – cookouts, fireworks, community parades, family gatherings and more. Our nation is built on values that have enabled the natural gas and oil industry to accomplish amazing things, something for which we at the Colorado Petroleum Council are incredibly grateful. Energy supplied by the natural gas and… Keep reading →
Investors: Methane Targets Wanted
By Environmental Defense Fund Energy Exchange BlogWith upcoming annual meetings full of shareholder resolutions calling on companies to set greenhouse gas (GHG) reduction targets, EDF released “Taking Aim”, a new paper explaining why methane targets are the next frontier for the oil and gas industry and establishing five keys for strong targets. The paper explains how companies that set targets are more likely… Keep reading →
EPA Inventory Shows U.S. Oil & Gas Methane Emissions Remain A Major Problem
By Environmental Defense Fund Energy Exchange BlogThe U.S. Environmental Protection Agency (EPA) has released a draft of its annual update to the U.S. Inventory of Greenhouse Gas Emissions (GHGI). The draft, which now includes emissions data for 2016, estimates oil and gas operators released 8.1 million metric tons (MMT) of methane of the course of the year through leaks, venting, and… Keep reading →
Energy Update – February 2018
By Azeka Abramoff, Donna Bobbish & Helen Cook | Shearman & Sterling LLPThe Meaning of 10.038 Million Barrels Per Day
By Energy Tomorrow BlogThe U.S. Energy Information Administration (EIA) reports that in November, U.S. oil production hit 10.038 million barrels per day – the most in half a century. 1. America is Stronger, Our Future is More Secure Access to abundant energy supplies is essential for America’s security today and tomorrow. In a world that’s powered mostly by… Keep reading →