regulations
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BPX Energy, BP’s US onshore upstream business, has expanded MiQ certification to 100% of BP’s US onshore facilities in Texas and Louisiana.
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The increase comes as federal agencies change fines to reflect inflation.
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Under the Biden administration’s Inflation Reduction Act, enacted into law last year, companies must start producing precise measurements of their methane emissions next year and face fines if they exceed permissible levels. Yet, technology that might allow for precise methane measurements is still being developed.
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The Department of the Interior announced that the Bureau of Ocean Energy Management will publish a proposed rule to update regulations for clean energy development on the US Outer Continental Shelf.
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US Secretary of the Interior Deb Haaland issued an order to establish an office to ensure efficient use of the Biden administration's $4.7 billion investment in the cleanup of abandoned oil and gas wells.
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California soon will have the largest oil drilling setbacks in the US. Experts say other states can learn from this move.
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Proposed energy projects needing US federal permits will come under increased scrutiny related to the scope and magnitude of potential emissions.
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In a 12-0 vote, the Los Angeles City Council approved an ordinance that will immediately ban new oil extraction and shut down existing operations within 20 years. The historic decision comes after years of complaints by residents about how pollution from nearby drilling has caused them health issues.
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The paper highlights the importance of adopting good practices when planning for decommissioning throughout the life cycle of a petroleum project.
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The Biden administration has ramped up efforts to reduce methane emissions, targeting the oil and gas industry for its role in global warming even as President Joe Biden has pressed energy producers for more oil drilling to lower prices at the gasoline pump.