regulations
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The early enthusiasm for carbon capture and storage (CCS) is showing signs of strain as the limited capital availability and political support become clearer.
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The emergency permitting rules aim to accelerate geothermal energy development. Ormat Technologies' three Nevada projects will be the first to benefit from the streamlined process, with environmental reviews cut from years to weeks.
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The Texas Railroad Commission has tightened its guidelines on the permitting of disposal wells in the Permian Basin.
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The new policy aims to accelerate the leasing timeline and expand access to public lands.
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Leaders at OTC 2025 warned that tariffs and supply chain strains threaten offshore project economics despite record global output.
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Using emergency procedures, the permitting timeline is expected to be significantly reduced, from years to weeks in some cases.
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A 25% tariff on steel imported into the US has some US oil and gas companies nervous about future spending plans.
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The agency said it wants to modernize the rules and expand the potential uses for produced water.
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The new look at the plan involves considerations for national security.
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The move by the US Congress and the White House is part of a broader effort to overturn the Inflation Reduction Act passed in 2022.
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