Regulatory
News
February 04, 2025
The American Petroleum Institute (API) and Energy Workforce & Technology Council (EWTC) have both issued statements of support following the U.S. Senate’s confirmation of Chris Wright to lead the U.S. Department of Energy.
Article
January 2025
As this is being written, the new administration of President Donald J. Trump has been in office roughly a week. And to say that his start has been at a record-setting pace with unmatched action for a first week would be an understatement.
News
February 03, 2025
(Bloomberg) – OPEC+ declined to alter its existing oil-production plans at a review meeting on Monday, even as President Trump called for lower crude prices. A panel of key members maintained plans to keep a lid on crude supplies for Q1 2025, according to statements.
News
January 31, 2025
(Bloomberg) – Oil prices went up this week after President Trump announced the U.S. would impose tariffs on a wide range of imports, including oil and gas. The decision could impact flows across North America's tightly integrated market.
News
January 29, 2025
American Petroleum Institute (API) President and CEO Mike Sommers issued a statement of support on the Senate’s confirmation of former Congressman Lee Zeldin to lead the U.S. Environmental Protection Agency.
News
January 24, 2025
(Bloomberg) – New supplies of liquefied natural gas take time to develop, and significant new capacity will only start kicking in over the coming years, a senior Exxon Mobil Corp. executive said.
News
January 24, 2025
(Bloomberg) – President Donald Trump’s Environmental Protection Agency is considering rescinding California’s permission to tackle climate change through stringent automobile pollution limits, the administration said in a U.S. Supreme Court filing.
News
January 21, 2025
With the inauguration of U.S. President Donald Trump on January 20, the future of American involvement in Africa’s energy sector is set for a significant shift. President Trump’s approach to energy has consistently focused on strengthening American interests, particularly by prioritizing domestic energy production.
News
January 21, 2025
(Bloomberg) – U.S. President Donald Trump revoked offshore oil and gas leasing bans that effectively blocked drilling in most U.S. coastal waters as he made sweeping moves his first hours in office to unleash American energy development.
News
January 17, 2025
The American Petroleum Institute today joined with the states of Alabama, Alaska, Georgia, Louisiana and Mississippi in filing a challenge to the Biden administration’s ban on new oil and natural gas leasing across millions of acres of federal waters.
News
January 17, 2025
(Bloomberg) – The Biden administration advanced a plan to limit oil drilling and infrastructure across more of Alaska’s National Petroleum Reserve, a bid to lock in land protections and conservation requirements days before President-elect Donald Trump takes office.
News
January 14, 2025
“American energy was on the ballot, and American energy won,” said API executives on a media call prior to Tuesday’s 2025 State of American Energy event. API leaders shared insights into the industry and where they expect it to head under 2025’s incoming Trump administration.
News
January 09, 2025
Energy NL has made a submission to the Government of Canada Gazette 1 consultation process, requesting that the federal government abandon its proposed 'Oil and Gas Sector Greenhouse Gas Emissions Cap Regulations.'
News
January 09, 2025
Elected officials and trade groups representing businesses across the supply chain are sounding the alarm over the Biden administration’s 11th hour decision to ban new oil and natural gas activity across millions of acres of federal waters.
News
January 08, 2025
(Bloomberg) – Oil companies declined to bid in a U.S. government auction to drill in the Arctic National Wildlife Refuge, as industry interest wanes in a region that’s rich with crude but difficult to develop.
News
January 06, 2025
The American Petroleum Institute (API) has released a statement from President and CEO Mike Sommers on reports the Biden administration will move to ban new oil and natural gas activity across millions of acres of federal waters.
News
January 06, 2025
The National Ocean Industries Association (NOIA) has issued a response to President Biden's planned unilateral ban of new offshore oil and gas activities across vast swaths of America's offshore areas under Section 12(a).
News
January 06, 2025
The U.S. Chamber’s Global Energy Institute issued a statement regarding the Biden Administration’s plans to restrict offshore oil and natural gas drilling, calling on Congress and the incoming administration to reverse the policy.
News
January 05, 2025
The Independent Petroleum Association of America (IPAA) have responded to the announcement of the Biden Administration's plan to remove millions of acres of U.S. oceans from potential oil and gas drilling.
News
January 04, 2025
The American Petroleum Institute (API) has released a statement regarding the U.S. Department of the Treasury’s final regulations for the Section 45V Clean Hydrogen Production Tax Credit.
News
January 02, 2025
(Bloomberg) – President Joe Biden is preparing to issue a decree permanently banning new offshore oil and gas development in some U.S. coastal waters, locking in difficult-to-revoke protections for sensitive marine areas during his final weeks in the White House.
