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By Keira Wright and Manuel Baigorri Amid final negotiations to seal the $19 billion takeover of Santos Ltd., suitors led by Abu Dhabi National Oil Co. were alerted to media reports of a methane leak at one of the Australian producer’s operations. Less than three weeks later, the deal was dead. The consortium was unsettled …
A Methane Leak Pushed $19 Billion Santos Deal Over the Edge Read More »
New analysis provides the most accurate public, basin-wide estimate of methane emissions for the Permian HOUSTON, July 24, 2025 /PRNewswire/ — The methane intensity of oil and gas production in the Permian Basin—an area responsible for half of U.S. oil production and one fifth of natural gas—declined by more than 50% during the 2022-2024 period …
Below is an op-ed from John “Bunkie” Westerheide, Chief Revenue Officer of Kathairos Solutions, on the strategic future of American energy. It argues that in today’s global economy, true energy dominance must also mean emissions dominance. By any meaningful metric, energy dominance is synonymous with national power. In the 21st century, the United States’ position …
Summary • Trump EPA last week rolled back dozens of regulations • EU retains stricter regulations for greenhouse gas emissions • Japan and South Korea also seek emissions data for LNG imports • Satellites still monitor emissions, even if EPA does not (Reuters) – U.S. liquefied natural gas exporters, seeking to meet standards of overseas …
US LNG Exporters Stick With Methane Measures Despite EPA Rollbacks Read More »
Repeal resolution heads next to Trump for his signature Ends incentive to control leaks of potent climate-warming gas By Ari Natter The Senate voted Thursday to repeal a new US fee on climate-warming methane emissions from oil and gas producers, sending the measure to the White House for President Donald Trump’s signature. The repeal, which …
Senate Repeals Methane Leak Fee in Boon to Oil and Gas Industry Read More »
Record oil production, more Indigenous ownership and inching closer to LNG By Deborah Jaremko It’s likely 2024 will go down in history as a turning point for Canadian energy, despite challenging headwinds from federal government policy. Here’s some of the good news. 10. New carbon capture and storage (CCS) projects to proceed In June, Shell announced it …
Energy North: Top 10 Good News Stories About Canadian Energy in 2024 Read More »
Emissions of the gas dropped by 26% in 2023, S&P Global says Decline comes amid Biden rules that face a threat with Trump Methane emissions in the largest US oil basin plunged 26% last year as companies tightened operations and deployed new technology to stop leaks of the potent greenhouse gas, according to a study by S&P …
Methane Emissions in Permian Basin Fall as Drillers Plug Leaks Read More »
Summary Biden administration seeks EU alignment on methane standards for LNG imports EU law to impose methane limits on oil and gas imports from 2030 Trump plans to reverse Biden’s methane regulations BAKU, Azerbaijan, Nov 13 (Reuters) – President Joe Biden’s administration has asked the European Union to ensure liquefied natural gas shipments that meet …
Biden Officials Ask EU to Align Methane Rules with US to Ease LNG Flows Read More »
A flare burns off excess gas from a gas plant in the Permian Basin in Loving County, Texas, U.S., November 21, 2019. REUTERS/Angus Mordant/File Photo Summary Repeal of methane fee likely during Trump presidency Methane fee starts at $900 per metric ton in 2024 Applies to facilities emitting over 25,000 T of CO2 equivalent annually …
U.S. Sets Methane Fee on Oil, Gas Emitters as Biden Term Winds Down Read More »
Settlement is a legal-first for fracking under certain rules Private oil producer is run by billionaire Jeff Hildebrand Hilcorp Energy Co., the privately held oil producer run by billionaire Jeff Hildebrand, will pay a $9.4 million civil penalty for failing to reduce emissions of methane and volatile gases in New Mexico. It’s the first settlement to …
Hilcorp Fined $9.4 Million for New Mexico Methane Emissions Read More »
