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Department of Interior Proposes New Financial Assurance and Decommissioning Regulations

The Energy Law

The path to this Proposed Rule has been long and winding, beginning in 2014 with BOEM resisting making changes through formal notice and comment rulemaking pursuant to the Administrative Procedures Act, and instead continuing to regulate this issue through Notice to Lessee (“NTL”) guidance documents.

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US oil producers face new challenges as top oilfield flags

Oil & Gas 360º

oil producers are grappling with geological limits to production growth as the countrys top oilfield ages and produces more water and gas and less oil and may be nearing peak output. will see peak production, and after that some decline, Occidental CEO Vicki Hollub said earlier this month at an industry conference in Houston.

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Latest OPEC+ move: the insignificant impact on oil market dynamics

Crude Oil Futures

As for the main issue, easing the production cuts of 2.2 The UAE that campaigned for a higher production quota in private has been able to get it elevated to 300,000 bpd as its base level that is significant. The delay in easing the production cuts, however, did not affect the market sentiment at all. respectively.

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