Archive for the ‘Washington Pulse’ Category
US sanctions against Venezuelan state oil company Petroleos de Venezuela SA (PDVSA) will deal a meaningful blow to President Nicolas Maduro’s administration’s cashflow, but the effects will not be as harsh as the US expects, according to Rystad Energy….
The US government has imposed sanctions on Venezuela’s national oil company Petroleos de Venezuela SA (PDVSA) on Jan. 28 following a determination by US Treasury Sec. Steven Mnuchin, in consultation with US Sec. of State Mike Pompeo, that persons in PD…
The innovative spirit that has created a much-improved US energy outlook in the last 10 years will be just as essential to keep it affordable while improving the environment in the future, three major trade association leaders suggested at the US Energ…
Regulatory reforms draw cheers; shutdown and tariffs raise concerns
February 4th, 2019 by Latest News
The Trump administration is following through on its promise to reform federal regulations enacted during Barack Obama’s presidency that went too far, officials from leading US oil and gas associations told Oil & Gas Journal. But a prolonged partial go…
A Louisiana victory lap
February 4th, 2019 by Latest News
As parts of the US federal government reopened on Jan. 28 following a 35-day shutdown by President Donald J. Trump, Louisiana Gov. John Bel Edwards (D) and Bagwell Energy Services (BES) CEO Rodger Bagwell announced that the oil field equipment manufact…
BOEM employees work on preparing offshore lease sales during shutdown
January 28th, 2019 by Latest News
US Bureau of Ocean Energy Management employees have continued to work on upcoming federal offshore oil and gas lease sales despite the partial government shutdown that has closed much of the Department of the Interior.
Watching Government: Sizing up the shutdown
January 21st, 2019 by Latest News
The partial US government shutdown closed some departments and agencies that regulate oil and gas, notably the Department of the Interior and the Environmental Protection Agency. Weeks into the standoff, however, trade association leaders were not cert…
What might work
January 21st, 2019 by Latest News
Political futility of the Green New Deal, which combines decarbonization of the US energy economy with governmentally guaranteed employment and health care, results from more than economics. As noted here last week, the current version of the initiativ…
US House Democrats wasted little time before seven of them introduced bills on Jan. 8 aimed at keeping oil and gas exploration from expanding off their coastal states’ shores. The federal measures came as state legislators in Connecticut, Georgia, Hawa…
More oil and gas producers should be ready to use technology to address climate change instead of denying the problem exists, Occidental Petroleum Corp. Pres. and Chief Executive Officer Vicki A. Hollub recommended on Dec. 14.