News & Analysis as of

Oil & Gas Greenhouse Gas Emissions Methane

Allen Matkins

California Environmental Law & Policy Update 10.18.24

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California officials have been working on a plan to preserve the state’s leading edge environmental and climate policies, in the event that former President Donald J. Trump returns to the White House and follows through on...more

Allen Matkins

California Environmental Law & Policy Update 8.30.24

Allen Matkins on

A California Superior Court judge ruled last week that Sonoma County must do more to ensure responsible groundwater pumping under the state’s Public Trust Doctrine, which holds that rivers, creeks, and other waterways are...more

Holland & Knight LLP

$850 Million Now Available for Methane Emission Reduction Efforts: Applications Due Aug. 26

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The U.S. Environmental Protection Agency (EPA) and U.S. Department of Energy (DOE) on June 21, 2024, released a $850 million Funding Opportunity Announcement (FOA) to reduce methane emissions from oil and natural gas...more

Oliva Gibbs LLP

Measuring Methane: Understanding the EPA’s Final Revisions to Methane Reporting Regulations

Oliva Gibbs LLP on

The Inflation Reduction Act (“IRA”) gave the federal government new authority to “tackle” the problem of methane emissions. On May 6, 2024, the United States Environmental Protection Agency (“EPA”) issued final revisions to...more

Foley & Lardner LLP

EPA Finalizes New Greenhouse Gas Reporting Obligations for Petroleum and Natural Gas Systems: More Companies Impacted; More Fees...

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On May 14, 2024, the U.S. Environmental Protection Agency (EPA) published the final Greenhouse Gas Reporting Rule requirements for petroleum and natural gas systems under 40 C.F.R. Part 98, Subpart W in the Federal Register....more

Jackson Walker

Understanding the New EPA Fees for Oil and Gas Companies

Jackson Walker on

Oil and gas companies will soon be required to pay annual fees to the federal government based on their methane emissions. These fees, which the Environmental Protection Agency (EPA) expects will exceed $2 billion over the...more

Jenner & Block

MethaneSat Joins Greenhouse Gas Monitoring Constellation

Jenner & Block on

On March 4, 2024, MethaneSat, a satellite developed by a subsidiary of the Environmental Defense Fund that will locate and quantify methane emissions from oil and gas operations, was launched into orbit. According to the...more

Jones Day

U.S. EPA's New Methane Emissions Charge – My Wallet or Yours?

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On January 12, 2024, the EPA announced a proposed new rule entitled Waste Emissions Charge for Petroleum and Natural Gas Systems (the "Proposed Rule"). As required by Congress pursuant to the Inflation Reduction Act ("IRA"),...more

Vinson & Elkins LLP

A Heavy Lift: EPA Bulks Up Oil and Gas Methane Requirements in New Quad Ob/c Regulations

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The Environmental Protection Agency (EPA) has finalized a host of new obligations for upstream and midstream oil and gas owners and operators. These new source performance standards (“NSPS”) and emission guidelines (“EG”) for...more

Holland & Knight LLP

DOE, EPA Announce $1 Billion in Awards for Methane Emissions Reduction Programs

Holland & Knight LLP on

The U.S. Department of Energy (DOE) and U.S. Environmental Protection Agency (EPA) signaled in mid-February 2024 that they plan to release a Funding Opportunity Announcement (FOA) to issue $1 billion through financial...more

Vinson & Elkins LLP

[CLE Hybrid Event] Making Sense of Methane for the Oil and Gas Sector: EPA’s New Methane Tax, Operating Regulations, and GHG...

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The Environmental Protection Agency (EPA) has released proposed and final rules that will regulate methane emissions from oil and gas operations, implement a methane emissions tax, and change greenhouse gas reporting...more

Beveridge & Diamond PC

EPA Proposes Oil and Gas Sector Methane Fee

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Key Takeaways - • What Is Happening? On January 12, 2024, the U.S. Environmental Protection Agency (EPA) announced a proposed rule to implement the Inflation Reduction Act’s (IRA) Methane Waste Emissions Charge (WEC). The...more

Beveridge & Diamond PC

EPA Proposes Oil and Gas Sector Methane Fee: Proposed Rule Includes Calculation Procedures for the Inflation Reduction Act’s...

Beveridge & Diamond PC on

Key Takeaways - • What Is Happening? On January 12, 2024, the U.S. Environmental Protection Agency (EPA) announced a proposed rule to implement the Inflation Reduction Act’s (IRA) Methane Waste Emissions Charge (WEC)....more

BakerHostetler

Methane Series Part III: Implementation Is Here. EPA Published the Proposed Rule Implementing the First-Ever Direct Tax on Methane...

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We wrote an overview of the methane tax after the Inflation Reduction Act was signed into law in August 2022 and Congress directed the Environmental Protection Agency (EPA) to impose the first-ever direct tax on methane...more

Vinson & Elkins LLP

The EPA’s Methane Waste Emission Charge: A Tax by Any Other Name

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The Environmental Protection Agency (EPA) has published a proposed rule to assess and collect billions of dollars in methane “waste emission charges” from the oil and gas sector....more

Latham & Watkins LLP

US EPA Proposes Methane Emissions Fees for Oil and Natural Gas Industry

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The WEC Rule would impose fees for oil and gas facilities reporting a certain amount of greenhouse gas emissions per year. On January 26, 2024, the US Environmental Protection Agency (EPA) published in the Federal...more

A&O Shearman

EPA’s Final Rule for Reducing Methane Emissions in the Oil and Gas Industry

A&O Shearman on

On December 2, 2023, the U.S. Environmental Protection Agency (EPA) announced a Final Rule under the Clean Air Act that will sharply reduce methane emissions from the oil and gas sector. The rule applies to sources involved...more

Beveridge & Diamond PC

EPA Finalizes Air Rule Targeting Oil and Gas Industry Methane Emissions: Final Rule Includes New Source Performance Standards for...

Beveridge & Diamond PC on

Key Takeaways - • What Is Happening? On December 2, 2023, during the United Nations Climate Change Conference (COP28), the U.S. Environmental Protection Agency (EPA) announced a final Clean Air Act (Act) rule designed to...more

Jones Day

EPA Finalizes Methane Emission Regulations

Jones Day on

The Situation: The Environmental Protection Agency ("EPA") finalized regulations designed to reduce methane emissions from the oil and gas industry by 80% in coming years at both new and existing facilities. The regulations...more

Jones Day

Ahead of Methane Emission Fees, EPA Proposes New Reporting Rules for Petroleum and Natural Gas Industry

Jones Day on

The Situation: The Inflation Reduction Act ("IRA") requires the U.S Environmental Protection Agency ("EPA") to finalize new greenhouse gas reporting rules for the petroleum and natural gas industry based on "empirical...more

Cozen O'Connor

AGs Support EPA’s Efforts to Lower Oil and Gas Sector’s Greenhouse Gas Emissions

Cozen O'Connor on

A group of 19 AGs co-signed a comment letter supporting an EPA supplemental proposal to strengthen emissions regulations for facilities in the oil and natural gas sector. The proposal contains the first EPA emission...more

McNees Wallace & Nurick LLC

EPA’s Proposed Regulations for the Control of Methane Emission

The USEPA often refers to its relationship with the states as “cooperative federalism.” The recently proposed regulations for the control of methane emissions from the oil and gas industry contain some unique provisions that...more

Foley & Lardner LLP

ESG: Tips for the Oil & Gas Boardroom

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ESG is increasingly vying for airtime in oil and gas boardrooms as leaders grapple with how best tackle environmental, social and governance challenges. This follows a trend of ESG support throughout all sectors of the U.S....more

Holland & Hart LLP

EPA Super Sizes Proposal to Crack Down on Methane from Oil and Gas Sector

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This article is the second in a two-part series analyzing recent proposals by federal agencies to reduce methane emissions from oil and gas production. The first article addresses the Bureau of Land Management’s (BLM)...more

Husch Blackwell LLP

Updated Methane Regulations for Oil and Gas Facilities: Key Takeaways from the EPA’s Supplemental Proposal and Request for...

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The Environmental Protection Agency (“EPA”) released its most recent proposal for controlling greenhouse gas emissions produced by the oil and gas industry earlier this month....more

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