Regulatory

A coalition of oil and gas trade associations, representing over 80% of U.S. domestic production, has issued an urgent call to House Speaker Mike Johnson for immediate action on permitting reform before the close of the 118th Congress.

Join us for an exclusive webcast, during which Gulf Energy Information's expert editors will deliver deep insights into President Trump’s policies' impact on global energy markets. This webcast will explore recent shifts in U.S. energy policies and their global repercussions. Key topics include regulatory changes, adjustments in subsidies and taxes, and potential impacts on the oil, gas, and renewable energy sectors worldwide. We will explore the ramifications of the U.S. emerging as a net energy exporter and its impact on global supply chains, as well as evolving trade relations and geopolitical alliances with major oil players like OPEC, Russia, and China. The webcast will also examine energy security, geopolitical risks, and emerging trends in renewable energy investments. Additional discussions will focus on technological innovation, energy transition, and the role of AI in adapting to policy changes. Finally, we’ll explore how these developments may influence future energy prices, demand, and the overall market landscape.

National Ocean Industries Association (NOIA) President Erik Milito issued a statement after the Bureau of Ocean Energy Management released the Draft Programmatic Environmental Impact Statement (EIS) for oil and gas leasing in the Gulf of Mexico.

The American people sent a resounding message during the 2024 election: they do not like the direction the country is headed, and they want change. With President-elect Donald J. Trump’s decisive win, and Republicans holding both branches of Congress, the time is ripe to pivot toward policies that truly benefit hardworking Americans. High energy costs, inflation, and bureaucratic red tape are issues that families and businesses confront daily, and it’s time to turn the tide. 

With President-elect Trump and his pro-oil stance set to take position in office, a new Secretary of Energy candidate who opposes much of the ESG movement, and Liberty Oil suing the SEC for overreach — are we seeing the end of the ESG movement?

Energy NL has announced its full support of Premier Andrew Furey's statement which maintains the federal emissions cap regulations must respect the Atlantic Accord and the principle of joint management.

Russia’s controversial Nord Stream 2 pipeline lost the latest round of its legal fight against European Union gas market rules, in a largely symbolic court defeat for the now-shuttered project.

(Bloomberg) – Alberta intends to invoke legislation allowing it to defy a federally proposed cap on emissions from the oil and gas industry in opposition to Prime Minister Justin Trudeau. The Canadian province holds the world’s third-largest crude reserves in its oil sands.

BP Plc anticipates strong growth in the U.S. as President-Elect Donald Trump improves regulations on the oil and gas industry just as artificial intelligence boosts energy demand.

Today the IPAA presented its issue priorities to the Trump transition team. IPAA members are the primary producers of the nation’s oil and natural gas, accounting for 83 percent of America’s oil production and 90 percent of its natural gas output.

Today in Newsweek, API President and CEO Mike Sommers outlines how the next administration and new Congress can advance commonsense energy policies that work for all Americans. Strength in leadership, homegrown production and upholding consumer choice are among his top points to consider.

The Energy Workforce & Technology Council (EWTC) and National Ocean Industries Association (NOIA) have both voiced their support of President-elect Trump's choices for U.S. Energy Secretary and U.S. Interior Secretary, respectively.

The U.S. Supreme Court's decision on June 28, 2024, to overturn the Chevron deference doctrine will bring significant uncertainty and potential legal challenges to oil and gas, affecting regulatory interpretations and increasing scrutiny on emissions, permitting processes and agency regulations. Companies will need to adapt to this evolving legal landscape.   

(Bloomberg) – The head of Liberty Energy Inc., the world’s second-largest fracing services company, has gained prominent endorsements as a potential pick for Donald Trump’s energy secretary.

On the back of a series of policy reforms and regulatory changes, Ghana has positioned itself as a globally competitive oil and gas market, with ambitious energy targets and goals to boost oil production while stimulating development across the natural gas value chain.

The American Petroleum Institute (API) has released a new policy roadmap for the incoming Trump administration and next Congress to secure American energy leadership and help reduce inflation.

(Bloomberg) – Some oil explorers are “not satisfied” with South Africa’s industry rules that were signed into law last month, according to a lobby group. The Upstream Petroleum Resources Development Act includes regulations for the ownership and development of oil and gas blocks.

(Bloomberg) -- The U.K. government went no further in toughening up the tax regime for North Sea oil and gas producers than measures already announced, keeping capital allowances in the windfall tax following protests from the industry. 

(WO) — Leading trade body Offshore Energies U.K. (OEUK) urges the Chancellor to use next week’s Autumn Statement to back the U.K.’s homegrown offshore energy sector and make the U.K. an irresistible place for energy investment.

(WO) — The American Petroleum Institute (API) issued a statement supporting a federal court's decision that will avoid significant consequences for American energy security and allow new and existing oil and gas operations to continue.