The U.S. Energy Department on May 8 selected the University of North Dakota’s Energy and Environmental Research Center for a $36 million federal award to advance enhanced oil recovery technologies in the Bakken shale formation, supporting efforts to expand domestic crude production and increase the use of captured carbon dioxide in energy operations. The initiative…...
The Bureau of Land Management on April 28 completed an oil and gas lease sale covering 23 parcels across North Dakota and South Dakota, generating a record high of nearly $44.4 million in total receipts and leasing almost 9,000 acres. The lease sale was conducted under the One Big Beautiful Bill Act, which resets the…...
President Donald Trump on April 20 issued a series of presidential determinations under the Defense Production Act directing the U.S. Department of Energy to accelerate domestic energy production, infrastructure, and supply chains, citing urgent national security risks tied to inadequate capacity and foreign dependence. The action follows Executive Order 14156, which declared a national energy…...
The U.S. Environmental Protection Agency on April 6 finalized revisions to its 2024 Clean Air Act standards for oil and natural gas operations, commonly referred to as OOOOb/c, easing certain requirements to reduce compliance costs and operational constraints for industry participants. The action modifies provisions in the Biden administration’s regulations governing emissions from new and…...
The U.S Interior Department on March 23 announced an agreement with TotalEnergies to terminate two offshore wind leases and redirect roughly $1 billion toward domestic oil, natural gas, and liquefied natural gas development, marking a shift in federal energy priorities toward conventional resources. Under the agreement, TotalEnergies will invest about $928 million in 2026 across…...
