Archive for the ‘Government’ Category
Court blocks BC anti-Trans Mountain bill
May 28th, 2019 by Latest News
The British Columbia Court of Appeal has ruled against provincial legislation that could have blocked expansion of the federally owned Trans Mountain Pipeline system. The legislation would have enabled the BC government to require a permit for the hand…
US Senate bill would boost carbon capture research
May 28th, 2019 by Latest News
US Sen. John Cornyn (R-Tex.) introduced legislation on May 23 that would require the US Department of Energy to establish a research, development, and demonstration program for carbon capture technologies at natural gas-fired power plants.
The US will need to equally address global climate change and other substantive trials if it expects to benefit from promising energy opportunities worldwide, speakers at the US Energy Association’s annual meeting and public policy forum generally agre…
The light, sweet crude oil contract for July gained modestly to settle under $59/bbl on May 24, stabilizing after the biggest single-day drop of this year and ending a volatile week on the New York market. Brent crude also gained less than $1 to settle…
Oil and gas associations responded favorably to US Environmental Protection Agency Administrator Andrew R. Wheeler’s May 13 memorandum stating that the agency should ensure its regulatory decisions are “rooted in sound, transparent, and consistent appr…
While there hasn’t been a dramatic change for the energy industry in Mexico since President Andres Manuel Lopez Obrador took office in 2018, progressive collaboration between the industry and country regulators is needed to fulfill the country’s hydroc…
Light, sweet crude oil contracts for July and August plunged by more than $3.50/bbl on May 23, marking the sharpest single-session drop since Dec. 24, 2018, and the lowest settlement since Mar. 12. Brent crude oil prices also fell more than a $3/bbl on…
MARKET WATCH: NYMEX oil price hovers at $63/bbl
May 22nd, 2019 by Latest News
Light, sweet crude oil prices fell slightly May 21 as the contract continues to hover at $63/bbl on the New York market while Brent crude oil prices gained modestly with the July contract settling above $72/bbl.
Oil prices gained modestly on the New York market May 20, settling above $63/bbl while Brent crude oil prices in London fell slightly to settle under $72/bbl. Light, sweet oil prices rose to their highest level in nearly 3 weeks on May 20, which analys…
Indiana CCS project gets OGCI investment
May 20th, 2019 by Latest News
An Indiana integrated gasification combined cycle plant (IGCC) to be converted for ammonia production will receive funding from OGCI Climate Investments for an adjacent carbon capture and sequestration (CCS) project.