Insights, Alerts

& Trends

Energy Industry News

Insights, Alerts & Trends | ENERGY IAT  |  ENERGY IAT OCTOBER 27

Energy Industry News

How much the climate change regulations within the infrastructure bill might cost, the potential that the U.S. power grid could be hacked and more

Top of the news:

Top oil executives spoke with politicians in Congress.

Political:

As politicians iron out the fine details regarding the infrastructure package, climate change regulations within it could cost from $500 to $600 billion, E&E News writes.

New Mexico Governor Michelle Lujan Grisham’s pledge to cut all carbon emissions from the state’s sectors has drawn ire from those in support of oil and gas, The Carlsbad Current Argus reports.

SOCIAL:

activist shareholder is encouraging Shell to split off certain divisions, Oilprice writes.

Post pandemic, oil and gas jobs have failed to recover in Alaska, KTOO reports.

ENVIRONMENT:

A new report from the Information Technology and Innovation Foundation says that Europe is drastically outpacing China when it comes to innovations in clean energy, U.S. News reports.

Woodside has announced plans to develop a hydrogen and ammonia production plant in Perth, Australia, Upstream Online writes.

ECONOMIC:

Oil futures fell with talks between Iran and the European Union threatening to end U.S. sanctions against Iranian oil exports, World Oil writes.

Crestwood Equity Partners LP will be purchasing Oasis Petroleum Inc’s midstream unit, Reuters reports.

TECHNOLOGY:

The U.S. power grid is at a strong risk of being hacked by enemies of the country, Utility Dive writes.

LEGAL:

After a substantial oil spill off the coast of California, lawmakers are calling for changes in legislation to prevent future disasters, but moving from offshore drilling may be a difficult task, The L.A. Times reports.

The U.S. Environmental Protection Agency will be investigating the New York Department of Environmental Conservations’ approval of the National Grid’s North Brooklyn Pipeline, The Brooklyn Eagle writes.

PROFESSIONAL DEVELOPMENT:

Here’s the case for a shorter work week.