In this testimony, Senior Associate Sarah Forbes describes the state of China’s shale gas industry; governmental policies that will drive its future development in China; the implications of U.S.-China business-to-business partnerships and government-to-government cooperation; and how shale...
oil and gas
Shale gas is a game-changer for global energy supply. It is already transforming the U.S. energy outlook, and is expected to deliver over 40% of domestic gas production by 2025 (Figure 1). Other countries and regions, notably Europe and China, may soon follow suit, in a repeat of the early 20th century oil rush.
Opinion is bitterly divided, however, over the environmental risks and benefits of this abundant new source of energy – so much so, that the different sides struggle to agree even on basic facts. The debate is raging over two key issues – on-the-ground impacts to water, air, communities, land use, wildlife, and habitats; and the broader energy and global warming implications of developing shale gas.
An official report released by the Bureau of Ocean Energy Management, Regulation, and Enforcement (BOEMRE, formerly MMS) and the Coast Guard puts BP, Transocean, and other contractors at the center of blame for the April 2010 Deepwater Horizon blowout in the Gulf of Mexico.
Clare Demerse is Director, Climate Change, at the Pembina Institute. This post originally appeared in its full form on the Pembina Institute's website.
Anyone who works on climate change policy in Canada, like I do, ends up talking about the oil sands on a daily basis.
Now twice delayed during the public comment and rule-drafting periods, the U.S. Securities and Exchange Commission (SEC) is due to release regulations for Section 1504 of the Wall Street Reform Act in late August. Recent developments in Uganda’s oil industry have made the release of these transparency provisions more urgent than ever.
Oil production is not scheduled to begin in Uganda until next year, but the country is already feeling its impacts. Major developments in Uganda’s oil sector and recent setbacks in government transparency lend new urgency to the passing of SEC regulations to implement Section 1504 of the Wall Street Reform Act.
The following Q&A and photo essay originally appeared on allAfrica.com, and are reposted with permission.
In Standard & Poor’s view, the profitability of commodity chemicals production is highly correlated to energy and raw materials prices because these costs often make up the majority of a chemical
Weak Governance and the Gulf Oil Spill, a 30-Year Timeline
This timeline provides a wide-ranging review of the decisions, policies, participants and events that formed the backdrop to the April 2010 oil spill in the Gulf of Mexico. This timeline is intended to serve as a resource and reference tool for policymakers, academics and journalists interested...
Do the revised reporting guidelines for the oil and gas industry go far enough?
Last month IPIECA, the global oil and gas industry association for environmental and social issues, along with the American Petroleum Institute (API) and the International Association for Oil and Gas Producers (OGP) released their revised guidance on corporate sustainability reporting. This was the first update to the guidance since 2005.
Spotlight on Oil in Uganda
This working paper examines whether new rules from the U.S. Securities and Exchange Commission could help bring transparency to Uganda’s oil industry.