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Oil Daily - US Supreme Court Takes Aim at 'Chevron Deference'
Tuesday, 01/23/2024

January 18,2024 – Energy Intelligence Oil Daily

US Supreme Court Takes Aim at 'Chevron Deference'

By Bridget DiCosmo

Filling In the Blanks

The doctrine has long been viewed as a mainstay in executive energy and climate policy, and in recent years has become a target of conservatives and industry officials alleging regulatory overreach. Those statutes often leave wide swaths of text deliberately vague for agencies to fill in the blanks, with the idea that agencies have more technical expertise.

The Chevron ruling...

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NGI - Associated Natural Gas a Gift – and a Curse – for North Dakota Oil Producers
Monday, 01/22/2024

January 22, 2024 – Natural Gas Intelligence

Associated Natural Gas a Gift – and a Curse – for North Dakota Oil Producers

By Andrew Baker

In addition to causing issues during cold snaps, the high liquids content of Bakken gas means it has a high heat value in terms of Btu/cf of natural gas burned. That too may cause operational problems.

RBN Energy LLC’s Morgan Overman explained in a recent blog post that, “Because the Bakken residue gas flowing into NBPL has a much higher Btu content than the Canadian gas, the average...

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Oil Daily - Panama Canal Disruptions Appear Likely to Intensify
Tuesday, 11/21/2023

November 21, 2023 – Energy Intelligence Oil Daily

Panama Canal Disruptions Appear Likely to Intensify

Drought conditions at the Panama Canal are roiling flows of gas liquids, tightening tanker availability and could eat into robust US exports, market players and experts say.

And the situation will likely get worse before it gets better.

The Panama Canal Authority (PCA) has repeatedly slashed the number of vessels that can traverse the canal, with only 24 ships allowed as of Nov. 12. That figure will drop to 22 in December and just 18 in...

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Oil Refinery Skirting Sanctions To Supply The Pentagon With Banned Russian Petroleum
Tuesday, 11/14/2023

November 14, 2023 – Daily Caller

Oil Refinery Skirting Sanctions To Supply The Pentagon With Banned Russian Petroleum

By Micaela Burrow

The Pentagon is buying petroleum products originally sourced from Russia despite a complete ban on Russian oil the Biden administration rolled out in 2022 meant to cripple the Moscow war machine, according to investigations.

A longtime Department of Defense (DOD) supplier in Greece, to comply with the sanctions imposed in response to Russia’s invasion of Ukraine, told investors it had developed new...

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Reuters - Canada's Crescent Point to buy Montney shale firm Hammerhead for $1.86 bln
Monday, 11/06/2023

November 6, 2023 – Reuters

Canada's Crescent Point to buy Montney shale firm Hammerhead for $1.86 bln

By Sourasis Bose and Nia Williams

Crescent Point also bought Spartan Delta's Montney assets earlier this year in a C$1.2 billion deal.

The 50,000 square-mile (32 million acre) area spanning northern Alberta and British Columbia is considered Canada's top shale play and also garnering interest potential U.S. investors, dealmakers said last week.

"This is another sign of the attractiveness of the entire resource in the Montney," said...

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