The reform will remove regulations passed by the administration of former President Barack Obama that demand the disclosure of chemicals used in hydraulic fracturing, commonly known as fracking, and set stringent standards for the drilling of wells and covering of surface ponds with fracking fluids.
While environmental activists decried the reform as potentially dangerous to the environment and human health, industry representatives welcomed it.
“It was clear from the start that the federal rule was redundant with state regulation and politically motivated, as the prior administration could not point to one incident or regulatory gap that justified the rule,” Kathleen Sgamma, president of the Western Energy Alliance, told The Hill.
Spain's Iberdrola plans to triple its offshore wind assets in the coming years, bringing their value to USD 18 billion,… Read More
Saipem has been awarded a USD 850-million contract for subsea works in Angola by local BP-Eni joint venture Azule Energy,… Read More
Arrow Exploration has spud a new production well on the Tapir block in Colombia’s Llanos Basin, the company announced on… Read More
Petronas has made a third oil and gas discovery in Suriname's offshore Block 52, the Malaysian company announced on Wednesday Read More
Japanese power generation player JERA on Thursday announced plans to invest USD 32 billion in LNG, renewables and new fuels… Read More
Chevron is planning to exit its North Sea operations after 55 years of activity in the oil hotspot, Reuters reported… Read More
This website uses cookies.