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House to take big step on eliminating Trump-era rules | TheHill

The House is gearing up for votes this week to undo three Trump-era rules, using a special legislative tool to repeal some of the previous administration’s agency actions. Democrats will draw on the Congressional Review Act (CRA) to take aim at rules governing methane regulations, lending practices and employment discrimination cases. The three resolutions, which […]

Read More House to take big step on eliminating Trump-era rules | TheHill
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US ends oil, gas lease sales from public land through June | AP News

BILLINGS, Mont. (AP) — The U.S. Interior Department is cancelling oil and gas lease sales from public lands through June amid an ongoing review of how the program contributes to climate change, officials said Wednesday. The action does not affect existing leases, and the agency has continued to issue new drilling permits during the open-ended […]

Read More US ends oil, gas lease sales from public land through June | AP News
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U.S. energy-related CO2 emissions declined by 11% in 2020 – Today in Energy – U.S. Energy Information Administration (EIA)

Based on data in EIA’s Monthly Energy Review, energy-related carbon dioxide (CO2) emissions decreased by 11% in the United States in 2020 primarily because of the effects of the COVID-19 pandemic and related restrictions. U.S. energy-related CO2 emissions fell in every end-use sector for the first time since 2012. Within the U.S. power sector, emissions […]

Read More U.S. energy-related CO2 emissions declined by 11% in 2020 – Today in Energy – U.S. Energy Information Administration (EIA)

U.S. drillers add oil and gas rigs for second week in a row: Baker Hughes | Article [AMP] | Reuters

Read More U.S. drillers add oil and gas rigs for second week in a row: Baker Hughes | Article [AMP] | Reuters
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Oil industry gets greener as U.S. policy shifts to climate change | CNBC

The greening of the American oil industry has gone into overdrive. Dan Yergin, IHS Markit vice chairman, said it’s an important turning point for the fossil fuel sector, which has been anticipating big changes with President Joe Biden’s climate-focused, clean energy policies. “The oil and gas industry is calibrating itself to what has become the […]

Read More Oil industry gets greener as U.S. policy shifts to climate change | CNBC
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2 Million Texas Households Without Power As Massive Winter Storm Drives Demand For Electricity – Houston Public Media

The state’s electric grid operator lost control of the power supply Monday morning as 2 million Texas households didn’t have heat or other electric appliances working at home as a massive winter storm delivered freezing temperatures across the state.

Read More 2 Million Texas Households Without Power As Massive Winter Storm Drives Demand For Electricity – Houston Public Media

Judge delays hearing on permit for Dakota Access pipeline

FARGO, N.D. (AP) — A federal judge on Tuesday agreed to push back a hearing about whether the Dakota Access oil pipeline should be allowed to continue operating without a key permit while the U.S…. — Read on apnews.com/article/donald-trump-technology-dakota-access-pipeline-c43ce45370da624addda5ad21b24b1f6

Read More Judge delays hearing on permit for Dakota Access pipeline
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U.S. shale ponders the unexpected: what to do with coming cash windfall? | Reuters

HOUSTON (Reuters) – A sustained rise in global oil prices has U.S. shale producers pondering something few expected to be considering after last year’s tumble: how to allocate rising cash flows among new production, dividends and stock buybacks. U.S. shale producers will generate about $73.6 billion in cash from operations this year, up nearly a […]

Read More U.S. shale ponders the unexpected: what to do with coming cash windfall? | Reuters
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Is big oil serious about going low carbon? | Bloomberg Professional Services

Is big oil serious about going low carbon? BloombergNEF January 19, 2021 This analysis is from BlooombergNEF. It appeared first on the Bloomberg Terminal. Executive summary The global oil industry is facing pressure to decarbonize. Regulations and reputational risks have forced most oil majors to take action to reduce their own emissions, such as curbing […]

Read More Is big oil serious about going low carbon? | Bloomberg Professional Services
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US puts new oil and gas leases, permits on federal lands on hold for 60 days | S&P Global Platts

Houston — The US Interior Department on Jan. 20 put new oil and gas lease sales and permits on federal lands and waters on hold for 60 days, according to an order signed by Acting Secretary Scott de la Vega. The decision gives the Biden administration more time to develop its longer-term plans on oil and […]

Read More US puts new oil and gas leases, permits on federal lands on hold for 60 days | S&P Global Platts