The first exports of U.S. condensates – permitted under newly relaxed Commerce Department interpretations surrounding the crude export ban – are expected to arrive in Asia in early September, traders told Platts Thursday.
The Commerce Department - which moved recently to loosen restrictions on condensates - is having “serious discussion” about oil exports, faced with a decades-old ban on sending crude overseas at a time when technology is changing faster than the rules, National Journal reports.
A lawsuit that challenges the Environmental Protection Agency's power to block development of Alaska’s Pebble Mine has prompted a coalition of Native tribes in Alaska to intervene on behalf of the federal regulators, The Hill reports.
Coal-reliant states shouldn’t be “afraid of climate action,” Environmental Protection Agency Administrator Gina McCarthy said Thursday at the Aspen Ideas Festival, where, The Hill reports, she made a vigorous defense of the EPA's proposed rule to limit carbon emissions from existing power plants.
The July 1 deadline for processing the last of the tax credits for renewable energy projects in Oregon has passed, but the final totals for the program that seemed to mushroom out of control haven’t been tallied yet, The Oregonian reports.
WASHINGTON (AP) — Facing an Iraq that is being ripped apart by sectarian violence and a divisive government, leaders of the country's Kurdish region said Thursday they now believe they have a better chance than ever to break away and create an independent nation.
The semi-autonomous Kurdish region in Iraq's north has for years threatened to separate from the rest of the country, and it has feuded with both the Shiite-led government in Baghdad over oil revenues and the Sunni tribes who claim authority over territory the Kurds believe is theirs.
Now, with Baghdad battling a bloody Sunni insurgency, Kurdish officials say Iraq is already split along sectarian and ethnic lines.
In the wake of February's massive coal ash spill into the Dan River, environmental groups have stepped up their push for the Environmental Protection Agency to regulate the disposal of waste from coal-fired power plants.
But the renewed pressure has also renewed fears by a major recycler of coal ash that a hazardous waste regulatory designation will depress the market for reuse in construction materials.
The New York State Court of Appeals decision to back fracking bans in Dryden and Middlefield in the face of a challenge from Anschutz Exploration Corp. will likely reverberate across the country, The Washington Post reports.
$12.6 billion is on offer in the latest round of Department of Energy nuclear loan guarantees, this time being made available for uranium enrichment facilities as well as new reactors and upgrades to existing ones, Platts reports.
A drop in RBOB gasoline futures on retirement of the October contract helped crude prices slide again Tuesday. West Texas Intermediate crude plunged $3.41 to $91.16 a barrel on the Nymex -- the biggest single day loss in 22 months and the lowest settlement in 16 months – while in London Brent crude fell $2.53 to $94.67, Bloomberg reports.
The U.S. exported more crude in July – 401,000 barrels a day, mostly to Canada – than it did in June, according to Energy Information Administration statistics, the most since 1957 and almost four times as much as in 2013, The Wall Street Journal reports.
Enbridge’s reversed 9B pipeline should start filling with crude Nov. 1, Platts reports, noting that it will open up a new western Canada light crude and oil sands crude supply option to Quebec refineries.
The Department of Energy will grant a presidential permit for a project to build a 1,000 megawatt power transmission line from Canada into New York City when it publishes its decision in the Federal Register Wednesday, E&E reports.
The U.S. will actively address climate change issues when it takes over the chairmanship of the Arctic Council in 2015, said special envoy Adm. Robert Papp at the Center for Strategic and International Studies, declaring that there is a “moral imperative” to protect the area, The Hill reports.
Alberta’s new Premier Jim Prentice –- tackling an improvement of the province’s image in the face of heavy criticism of its oil sands crude –- has won respect from all sides of the environmental debate in the past, Bloomberg reports.