regulations

The appeals court in The Hague said Shell had a responsibility to reduce greenhouse gas emissions to protect people from global warming but dismissed the 2021 ruling that ordered Shell to cut its absolute carbon emissions by 45% by 2030 compared with 2019 levels, including those caused by the use of its products.

The rule, part of the Inflation Reduction Act established by Congress, allows the Environmental Protection Agency to charge large emitters of methane if they surpass specific levels.

The new rules add some specific equipment and reporting requirements and apply to projects with more than 15,000 psi or more than 350°F.

Australia must insist on full removal when ExxonMobil decommissions the offshore project, the Wilderness Society has said.

The chair of the Texas Railroad Commission is defending her seat this November at a time when the state’s oil and gas industry is booming but the agency that regulates it is facing criticism over safety concerns.

But no one appears really happy with the cumulative impact rules lauded by the Colorado Energy and Carbon Management Commission as “a big step forward.”

Following 2 years of setbacks, the deal to shift the US supermajor’s assets to a local operator has finally closed.

The Environmental Protection Agency rules govern industry emissions of methane and mercury.

A government-imposed limit on gas reinjection aimed at fueling domestic growth risks cooling future investor interest in Brazil’s offshore.

The updated rules are designed to increase safety during operations in the US Outer Continental Shelf, including in high-pressure/high-temperature environments in the Gulf of Mexico.