regulations

The final rule amends existing regulations and increases the level of financial assurances that operators must provide in advance.

The Interior Department’s rule raises royalty rates for oil drilling by more than one-third, to 16.67%. The previous rate of 12.5% had remained unchanged for a century.

The Bureau of Land Management finalized the Management and Protection of the National Petroleum Reserve in Alaska rule aimed at more than 13 million acres in the western Arctic.

The new rule aims to cut energy waste from venting, flaring, and leaks and is expected to help generate $50 million annually in additional natural gas royalty payments.

Failure to electrify facilities in the UK North Sea could soon result in a denial of petroleum licenses and the forced closure of some offshore assets.

The availability of robust, measurement-informed emissions information across global supply chains is critical to the success of any target-based methane policy. Yet very few countries can provide robust data on emissions intensity across natural gas value chains.

The act aims to create safeguards around general purpose artificial intelligence, limit the use of biometric identification systems by law enforcement, and ban social scoring the untargeted scraping of facial images from CCTV footage to create facial recognition databases.

This paper provides insights into the technical and economic viability of repurposing oil and gas wells for geothermal energy production for direct heating.

The North Sea Transition Authority has previously said failure to invest in platform electrification could threaten future production rights.

Two supermajors exit California, and the US put the brakes on permits to export LNG.