#oil-and-gas-industry

#oil-and-gas-industry

Trump's Cabinet is filled with allies of the oil and gas industry, aiming to expand drilling and roll back climate regulations.

New EPA regulations will impose fees on oil and gas companies for methane emissions, but efforts to weaken these regulations are anticipated from Republicans.

Canada aims to cut oil and gas emissions by 35% by 2030, faced with opposition and criticism for not being stringent enough.

Lake Charles faced potential severe impact from Hurricane Francine but was spared, revealing its vulnerability due to past environmental crises.

The Biden administration finalizes a rule imposing a fee on methane emissions for oil and gas companies, promoting better emission practices.

Rangely faces economic risks due to its heavy reliance on the oil and gas industry amidst global shifts towards renewable energy.

Trump's presidency presents potential for more drilling and export opportunities, but may lead to lower commodity prices that could challenge oil and gas profits.

Trump proposed rolling back unfavorable policies for a billion-dollar campaign donation from fossil fuel executives.

Oil and gas companies fear that a Biden or Harris victory could accelerate their decline.

Puerto Rico is suing oil and gas companies for at least $1 billion for climate change damages.

Trump reportedly offering to reverse Biden's climate rules for $1 billion from oil-and-gas industry, highlighting his consistent loyalty to fossil fuels.

Both Donald Trump and Elon Musk made inaccurate claims about global heating and downplayed the urgency of cutting carbon emissions.

Fossil fuel executives skeptical of rapid clean energy transition

Industry leaders emphasize slower pace for transition to clean energy

Energy transition is now acknowledged as an ongoing process in the energy industry, featuring prominently at CERAWeek.

There are diverse perspectives on what energy transition entails, with some emphasizing a shift from fossil fuels to renewables, while others see a future with continued growth in oil and gas production.

Oil companies expand offshore drilling despite pledges to reduce emissions.

A satellite called MethaneSAT will start circling the Earth 15 times a day next month to measure methane leaks from oil and gas companies.

Google plans to have the data from MethaneSAT mapped by the end of the year for the whole world to see.

The federal government reached a $241.5 million settlement with Marathon Oil for air quality violations in North Dakota, aiming for pollution reduction.

Methane is potent in the short term, lasting only around 12 years, making its reduction crucial.

The new satellite MethaneSAT will play a key role in identifying methane leaks globally, aiding in emission reduction efforts.

Oil and gas producers may be emitting more methane than estimated

Methane is a potent greenhouse gas with significant impact on global warming.

The IRA has financial incentives and penalties for reducing methane emissions

The EPA is taking measures to monitor and penalize methane emissions from the oil and gas industry.

Canada will use a cap-and-trade system to impose greenhouse gas emission limits on its oil and gas industry.

The government will issue emissions allowances to oil and gas producers, beginning in 2030.

A House committee is considering legislation introduced by Rep. Boebert that could leave taxpayers with a $17.7 billion bill for cleaning up abandoned oil and gas wells on public lands.

Industry lobbyists are trying to defeat a Biden administration proposal to strengthen requirements for well cleanup on federal lands.

The Biden administration issued a final rule aimed at reducing methane emissions in the U.S. oil and natural gas industry.

The rule will promote the use of cutting-edge methane detection technologies and deliver significant public health benefits.

The Biden administration issued a final rule aimed at reducing methane emissions from the U.S. oil and natural gas industry.

The rule will promote the use of cutting-edge methane detection technologies and deliver public health benefits.

Germany supports initiatives to reduce methane emissions and sees them as a way to quickly make an impact in the fight against climate change.

Germany is focusing on reducing methane emissions in the energy sector, particularly in the production of gas and oil.

The EPA estimates that the new methane emissions rule will capture or prevent enough methane to heat nearly 8 million American homes for a winter.

The rule is expected to have net financial benefits of at least $7.3 billion per year from 2024 to 2038, including cost savings, climate benefits, and health benefits.