American Petroleum Institute (API) President and CEO Mike Sommers issued the following statement on the Senate’s confirmation of former Congressman Lee Zeldin to lead the U.S. Environmental Protection Agency.
Under the Biden administration’s new rule, certain oil and gas facilities would be charged $900 per metric ton of “wasteful” emissions in CY 2024, $1,200 for CY 2025 and $1,500 for CY 2026.
ExxonMobil Guyana is moving forward with plans to develop its seventh oil project in the country, targeting the Hammerhead field in the Stabroek Block. The Environmental Protection Agency (EPA) has begun reviewing ExxonMobil’s application for this new venture.
The federal government announced a $241.5 million settlement with Marathon Oil on Thursday for alleged air quality violations at the company’s oil and gas operations on the Fort Berthold Indian Reservation in North Dakota.
A new federal rule designed to slash methane emissions in the industry could force small oil and gas producers to shut down wells and put them out of business.
EPA: Oil and natural gas operations are the nation’s largest industrial source of the “super pollutant” methane.
Environmental organizations and supermajors such as BP welcomed the finalization of the rule.
The Environmental Protection Agency (EPA) will try again to limit carbon dioxide emissions from power plants, having failed to do so during the Obama administration. Well, if at first you don’t succeed…