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Federal Agency Recommends Updated Regulations for Pipeline Monitoring, Decommissioning, and Abandonment

The Energy Law

On April 19, the United States Government Accountability Office (“GAO”) released a report (the “Report”) in response to a request from the House of Representatives Committee on Natural Resources regarding the oversight and decommissioning of pipelines in federal waters, which are mainly located within the Gulf of Mexico.

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Federal Agency Recommends Updated Regulations for Pipeline Monitoring, Decommissioning, and Abandonment

The Energy Law

On April 19, the United States Government Accountability Office (“GAO”) released a report (the “Report”) in response to a request from the House of Representatives Committee on Natural Resources regarding the oversight and decommissioning of pipelines in federal waters, which are mainly located within the Gulf of Mexico.

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Genel Energy issues Trading and Ops Update

Iraq Business News: Oil & Gas

We addressed the maturity of our bond debt by calling the old bond and issuing a new $100 million bond, thereby increasing available cash and putting in place a capital structure that can provide funding towards delivery on our strategic objectives, regardless of whatever uncertainties may face the business at the macro-economic level.

Energy 97
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Valor | Energy Connection – Feb. 24, 2025

Valor

Read more BP to abandon green energy target and ramp up oil Summary : BP will abandon its plan to expand renewable energy generation 20-fold by 2030, scrapping its target of reaching 50 gigawatts (GW) and maintaining its current 8.2 It is part of a broader buildout, including two new pipelines and a 319-acre tank farm.

Energy 52
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Taking Carbon Captive

Permian Basin Oil and Gas Magazine

This report will address some legal issues, a current CCUS project near Odessa, new technology to economically repurpose abandoned wells and formations, and a digital approach to unitizing and managing CCUS data, also with streamlining in mind. For enhanced oil recovery (EOR) it goes in a known direction, into the pipeline.

Casing 59
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DOI Regulatory Agenda Includes BSEE Rulemakings on Decommissioning and Bonding for Civil Penalty Appeals

The Energy Law

The DOI’s Bureau of Safety and Environmental Enforcement (“BSEE”) is slated to make further revisions to its decommissioning regulations, following other decommissioning amendments made last year as previously reported on The Energy Law Blog. BSEE’s 2024 decommissioning rule would update 30 C.F.R.

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Renewable Energy Efforts Highlighted in Draft Plan to Reduce Greenhouse Gas Emissions in Louisiana

The Energy Law

Actions under strategy 9 center around drafting new legislation to increase the plugging of abandoned and orphaned wells. Develop a model solar ordinance for adoption by local governments: Communities are increasingly seeing interest by the solar industry to make investments in communities for solar energy generation.

Energy 52