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IHS Markit: US oil producers to halt 1.75 MMb/d per day of production; Canada to cut 0.5 MMb/d

Green Car Congress

Due to the collapse in oil prices, IHS Markit expects US producers are in the process of curtailing about 1.75 The oil market fear that characterized March and the extreme price pressure that producers felt in April have galvanized producers across North America into unprecedented action. However, nearly 1.4

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Federal Judge rules California Low Carbon Fuel Standard violates Commerce Clause of US Constitution

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In 2010, the National Petrochemical & Refiners Association (NPRA) also filed a legal challenge to California’s Low Carbon Fuel Standard (LCFS) with the US District Court, Eastern District of California, Fresno Division, echoing the complaints of the ethanol groups.

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Kinder Morgan to purchase El Paso for approximately $38B to form largest natural gas pipeline network and largest midstream energy enterprise in North America

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(KMI) and El Paso Corporation on Sunday announced a definitive agreement whereby KMI will acquire all of the outstanding shares of EP in a transaction that will create the largest midstream and the fourth-largest energy company in North America with an enterprise value of approximately $94 billion and 80,000 miles of pipelines.

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Refiners and Truckers Associations Challenge California LCFS in Federal Court

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The National Petrochemical & Refiners Association (NPRA) filed a legal challenge to California’s Low Carbon Fuel Standard (LCFS) with the US District Court, Eastern District of California, Fresno Division. By regulating the fuel pathway of transportation fuels—i.e., NPRA President Charles T.

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Devil in the Details: World Leaders Scramble To Salvage and Shape Copenhagens UNFCCC Climate Summit

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In particular, Prentice seeks to shield Alberta’s emissions-intensive oil sands operations from the effects of emission reductions. Britain will do so, the rest of Europe will do so and I believe America will do so as well. “ Internationally, we reject legally binding emissions.

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