Industry Insights

The US White House Council on Environmental Quality (CEQ) issued its final guidance to federal agencies on how to consider climate-change impacts of their decisions during National Environmental Policy Act re-views. The US Chamber of Commerce and Center for LNG (CLNG) separately responded with warnings that CEQ’s Aug. 2 action could create more regulatory hurdles […]

The Western Governors Association reiterated concerns that the US Environmental Protection Agency’s plan to reduce ground-level ozone limits under the National Ambient Air Quality Standard (NAAQS) will likely push parts of the West into nonattainment based on high levels of uncontrollable background ozone. Source: News

Never mind what the Republican presidential nominee said about November’s election. It may matter more that investor Carl C. Icahn thinks the US Environmental Protect Agency’s biofuel credits system under the Renewable Fuels Standard is what’s rigged. Source: News

Light, sweet crude oil prices for September delivery gained slightly on the New York market Aug. 19 to close at about $48.50/bbl during a week in which daily gains rose by more than $1/bbl twice but analysts generally agreed the rallies stemmed from technical trading reasons rather than oil market fundamentals. Source: News

While science has a rightful place in policy-making, too much science can do more harm than good. Source: News

Largely undercutting a true lower-for-longer oil-price scenario, wherein the sub-$30/bbl touched in February becomes the norm as it was pre-2003, has been persistent oil production outages in nations that double as the world’s biggest producers and biggest hotbeds of political instability. Source: News

Algeria’s state-owned Sonatrach and its partners completed its drilling campaign in Hassi Bir Rekaiz with the Bou Goufa-2 (BOG-2) well that flowed 2,406 b/d of oil and 2.9 MMcfd of associated gas. BOG-2 was drilled to TD 4,064 m at the end of April. Drill stem tests showed flow rates from the Triassic Argilo Greseux […]