Wednesday, December 25, 2024

Energy Renaissance News

As Trump Targets Energy Rules, Oil Companies Downplay their Impact

President Donald Trump (Official White House photo)

President Donald Trump’s White House has said his plans to slash environmental regulations will trigger a new energy boom and help the United States drill its way to independence from foreign oil. But the top U.S.

America's Newest Refinery Falls Victim to Oil Price Slump

The owners of a North Dakota refinery that was the first to be built in the United States since the 1970s have curtailed output and may try to sell it, the latest victim of the oil price slump roiling the energy industry.

Senators ask Spy Chief to Advise on Energy Boom

Four Republican senators on Tuesday urged the director of national intelligence to keep policymakers informed of the global security implications of booming U.S. energy output as Congress considers repealing the ban on domestic oil exports.

Conoco to OPEC: Tight Oil Here to Stay

The U.S. tight-oil boom is here to stay despite low crude prices as technological breakthroughs will allow steep reductions in costs, the head of U.S. firm ConocoPhillips told a seminar organised by oil-producing group OPEC. "Innovations have already led to a U.S.

US Proposes Higher Royalty Rates for Drilling Federal Land

The U.S. government would get a larger share of oil and gas revenue from federal land under a proposal the Interior Department is expected to announce on Friday. The federal government is entitled to a 12.5 percent share of oil and gas sold from federal land…

Rail Industry Pushes to Ease Oil Train Safety Rules

The U.S. rail industry is pushing the White House to drop a requirement that oil trains adopt an advanced braking system, a cornerstone of a national safety plan that will soon govern shipments of crude across the country.

Obama’s Address Missed Energy Opportunities -NOIA

President Barack Obama delivers the State of the Union address in Washington, D.C., January 20 (Official White House Photo by Pete Souza)

NOIA President Randall Luthi issued a statement in response to President Obama’s 2015 State of the Union Address, stating that the President missed a few key points regarding domestic onshore and offshore energy production and supply, and its impact on the U.S.

Enterprise To Build Ethane Export Terminal On Houston Channel

Enterprise Products Partners will build an ethane export facility on the Houston Ship Channel, signing a long-term agreement with the Port of Houston Authority for use of its facilities adjacent to Enterprise's existing terminal at Morgan's Point.