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EPA suggests DOS reconsider Keystone XL climate impact conclusions

The US Department of State might want to reconsider its conclusions regarding potential climate impacts from the proposed Keystone XL crude oil pipeline because crude oil prices have fallen so dramatically, a US Environmental Protection Agency official suggested.

Obama’s proposed fiscal 2016 budget recycles oil tax increases

US President Barack Obama has proposed his federal budget for fiscal 2016 that he said was designed to help a beleaguered middle class take advantage of a strong economic recovery. It also included proposals from previous years to close what the administration considers oil and gas tax loopholes and the industry regards as necessary provisions to offset ongoing business expenses.

So much for cooperation

Congressional majority leaders and the Obama administration came into 2015 pledging to at least try to be less combative and more cooperative in running the federal government.

Woodside gets NEB approval for British Columbia LNG exports

Woodside Energy Holdings Pty. Ltd. has received approval from Canada’s National Energy Board on its application for a 25-year natural gas export license with a maximum term quantity of 807 billion cu m, plus or minus 15%. Exports would leave a proposed LNG liquefaction plant near Grassy Point, north of Prince Rupert, BC.

Data refute Lew's claims about taxes paid by producers

On the subject of taxation, administration officials count on the public to believe anything.

Kerry expects to receive other agencies’ Keystone XL reports soon

US Sec. of State John F. Kerry said he expects to receive other federal agencies and departments’ reports soon on the proposed Keystone XL crude oil pipeline so the US Department of State can determine if it is in the national interest.

Iran yields to Russia in talks over Caspian resources

Iranian acquiescence to Russia, to which the Islamic Repubic increasingly turns in response to pressure from the West, has become a standard feature of long-unresolved deliberations over jurisdiction and resource ownership in the Caspian Sea.

US oil, gas industry eager to build on past successes

The US oil and gas industry entered 2015 optimistically as a dramatically improved US supply outlook's economic and security benefits became increasingly apparent.

The ANWR blitz

Deception begins with a 58-sec video on the White House web site in which President Barack Obama says he'll ask Congress to make the whole Arctic National Wildlife Refuge in Alaska a federal wilderness.

Victoria extends drilling, fracing ban

The new Victorian Labor government of premier Daniel Andrews has extended the coal seam gas (CSG) exploration and hydraulic fracturing ban in the state and launched another parliamentary inquiry.

US Senate passes bill approving Keystone XL pipeline project

The US Senate has passed a bill approving construction of the proposed Keystone XL crude oil pipeline by a 62-36 vote after 3 weeks of debate. Nine Democrats joined 53 Republicans in the affirmative. Two Independents—Angus King (Me.) and Bernard Sanders (Vt.)—voted with 34 Democrats in opposition.

Pennsylvania governor reinstates state forest drilling moratorium

Pennsylvania Gov. Tom Wolf (D) signed an executive order fully reinstating a 2010 moratorium on new oil and gas leases in state forests and parks. His predecessor, Tom Corbett (R), had modified it in May 2014 to allow leases from nearby sites if they did not disturb state surface land.

DOE could meet 45-day LNG export decision deadline, Senate panel told

The US Department of Energy would have no trouble meeting a 45-day deadline to reach a national interest determination for proposed LNG export facilities that a US Senate bill would establish, Christopher A. Smith, assistant US energy secretary for fossil energy, told the Energy and Natural Resources Committee.

Harvest drops Venezuelan arbitration move

Affiliates of Harvest Natural Resources Inc. have withdrawn a request for international arbitration alleging the government of Venezuela hampered efforts to sell interests in the country.

API forms Colorado Petroleum Council, picks executive director

The American Petroleum Institute has opened a Denver office that will focus on oil and gas priorities in Colorado. Tracee Bentley, who previously was Gov. John W. Hickenlooper’s (D) legislative director and a senior advisor on energy and agricultural issues, was named the new Colorado Petroleum Council’s executive director.

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