US energy lobby wants federal lands ban ended
Apr 16, 2021 3:17:pm
Summary
by: Daniel Graeber
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US energy lobby wants federal lands ban ended
The American Petroleum Institute (API) on April 15 called on the US interior secretary to lift the pause on new oil and gas leases on federal land for the sake of the economy and the environment.
President Joe Biden, in one of his first acts of office, paused new leasing of drilling rights on federal lands. After former president Donald Trump dismantled regulations for the sake of energy dominance, Biden’s move along the path of energy transition put the US oil and gas sector on its back foot.
Apr 14, 2021 2:25:pm
Summary
by: Daniel Graeber
The US 9th Circuit Court of Appeals ruled April 13 that a challenge to the previous administration s effort to open up more federal waters to offshore drillers was invalid becau.
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Shell to Shed Egyptian Assets for up to $926mn
Mar 9, 2021 7:40:am
Summary
by: Joe Murphy
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Shell to Shed Egyptian Assets for up to $926mn
Anglo-Dutch Shell has announced the sale of its interests in a package of onshore exploration and production assets in Egypt s Western Desert region for $646mn, plus up to $280mn in contingent payments, to UK operator Cairn Energy and Egyptian partner Cheiron, the companies said on March 9.
Cairn, meanwhile, has struck a deal to sell its interests in the Catcher and Kraken fields in the UK North Sea for $460mn plus contingent payments to Aberdeen-based Waldorf Production.
| Updated: Feb. 24, 2021, 2:37 p.m.
All Americans should get a say in how national monuments are designated and managed including those who make a living off the land Rep. Deb Haaland, President Joe Biden’s historic nominee for Interior secretary, said as her Senate confirmation hearing got underway Tuesday.
Her remarks came in response to a question posed by Sen. Mike Lee, R-Utah, who came to the hearing armed with a letter New Mexico’s second-term Democratic congresswoman penned two years ago to the Interior Department in which she questioned the influence the agency gave miners and livestock grazers on its decisions regarding the Beehive State’s national monuments.
BW Raises Stake in Namibia s Kudu Field
Jan 15, 2021 1:30:pm
Summary A number of companies have tried and failed to develop the offshore gas resource over the decades since its discovery in 1974.
by: Joe Murphy
Norway s BW Energy has reached a deal to raise its stake in the 1974 Kudu gas discovery off the coast of Namibia, the company said on January 13, in a rare sign of progress at the long-delayed project.
BW is se.
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