Regulatory
News
March 17, 2025
The U.S. Department of the Interior Office of the Inspector General has released an audit report showing the Railroad Commission of Texas successfully used federal grant funding for orphaned well plugging and complied with all related laws and regulations.
News
March 17, 2025
Independent Petroleum Association of America (IPAA) President & CEO Jeff Eshelman spoke out in support of President Donald Trump's recent signing of the H.J.Res.35, which through the Congressional Review Act process disapproves of the Biden Environmental Protection Agency’s (EPA) methane tax regulations.
News
March 14, 2025
U.S. President Donald Trump is set to meet with top oil executives at the White House next week as he charts plans to stoke domestic energy production, even as the industry grows uneasy about falling crude prices and tariff uncertainty.
News
March 14, 2025
(WO) - In a Leadership Dialogue with Federal Energy Regulatory Commission (FERC) Chairman Mark Christie during CERAWeek 2025 by S&P Global, LNG was not only a staple of discussion but, in his view, a staple for present and future energy generation.
News
March 13, 2025
Venezuelan oil contractors are continuing their work with Chevron Corp. and have not been warned of an impending shutdown despite a U.S. government deadline to stop producing oil there by early April.
News
March 13, 2025
Independent Petroleum Association of America (IPAA) President & CEO Jeff Eshelman issued a statement of support on EPA's announcement today of actions to advance President Trump’s Day One executive orders on energy.
News
March 13, 2025
The Liza Unity is now the world's first FPSO to receive the SUSTAIN-2 notation from ABS. The notation is the next level in the vessel sustainability program developed by ABS to help fleets meet certain environmental and human elements requirements.
News
March 12, 2025
American Petroleum Institute President and CEO Mike Sommers issued a statement after the U.S. Environmental Protection Agency announced plans to reconsider several major rulemakings as part of a broader agenda to support American energy dominance.
News
March 12, 2025
The U.S. Environmental Protection Agency said Wednesday it will reconsider the Obama administration’s so-called endangerment finding, a move that could dismantle the legal foundation for sweeping climate change rules.
News
March 07, 2025
Oil’s one-day advance wasn’t enough to rescue prices from a seventh straight weekly decline as the prospect of a temporary truce in Ukraine capped on-again, off-again tariff news that upended global markets.
News
March 06, 2025
The UK government is drafting a new tax regime for oil and gas companies to replace a controversial windfall levy after 2030, with an aim to hit companies only when prices are unusually high. The UK also confirmed plans to end new North Sea exploration licenses for oil and gas.
Article
February 2025
President Donald Trump’s remaking of U.S. energy policy is moving at breakneck speed, with many moving parts.
News
March 04, 2025
The U.S. Treasury followed through on President Trump’s pledge to stop Chevron's operations in Venezuela, delivering a major blow to Nicolas Maduro’s autocratic regime. Chevron has ramped up production in recent years to supply about 20% of Venezuela's overall output.
News
March 04, 2025
ChampionX's Aerial Optical Gas Imaging (AOGI) platform has received approval from the U.S. Environmental Protection Agency (EPA) for the Methane Alternative Test Method outlined in OOOOb, marking a significant milestone in emissions management.
News
March 03, 2025
OPEC+ will proceed with plans to revive halted oil production after repeated delays, amid pressure from President Donald Trump to lower oil prices. The group led by Saudi Arabia and Russia will go ahead with the increase of 138,000 bpd in April, a delegate said.
News
February 28, 2025
The Association of the Petroleum Industry of Kurdistan (APIKUR) applauds U.S. Secretary of State Marco Rubio’s efforts to restart oil exports from the Kurdistan Region of Iraq, including in a call with Iraqi Prime Minister Mohammed Shia al-Sudani on February 25, 2025.
News
February 28, 2025
The Texas Alliance of Energy Producers and the Independent Petroleum Association of America (IPAA) have both released statements applauding energy leaders in the U.S. House and Senate in eliminating a costly and harmful EPA rule put into place late last year.
News
February 27, 2025
The Senate has voted to repeal a new U.S. fee on methane emissions from oil and gas producers, sending the measure to President Trump for signature. Trump previously criticized the Biden administration's oil and gas regulations as too burdensome on the industry.
News
February 26, 2025
U.S. President Donald Trump said he plans to revoke an oil license to operate in Venezuela, citing the country’s failure to take back migrants to the U.S. as quickly as it promised. Under the terms of the license, Chevron would have to exit Venezuela by the end of July.
News
February 26, 2025
American Petroleum Institute (API) President and CEO Mike Sommers addressed the Economic Club of Pittsburgh where he discussed rising electricity demand driven by the AI revolution and detailed policy solutions for the Trump administration and new Congress to power America’s energy future.
News
February 25, 2025
Brazilian regulators are cracking down on some offshore drilling by oil giants like Petrobras and Equinor ASA, complicating exploration and production projects at a key moment in the nation’s effort to boost crude output.
