Energy Exports: Slow and Steady will Win the Race


The Commerce Department’s recent decision to allow two U.S.-based companies to export processed condensate is seen by some as a precursor to a complete overhaul of the crude oil export ban that has been in place for decades.
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Agency Request Signals Possible Reopening of Atlantic Offshore Oil and Gas Leasing


On June 16, 2014, the Bureau of Ocean Energy Management (BOEM) published a request for information and comments from industry stakeholders and the public regarding the next Outer Continental Shelf Oil and Gas Leasing Program. The request suggests that the upcoming program may allow drilling off the Atlantic Coast.
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Oil & Gas Services: The Place to Be?


In a recently held roundtable discussion with executives in the oil and gas industry, the issue of increased demand in this sector was raised. This sentiment was echoed by attendees and presenters at the International Energy Capital Forum that was held during the Global Petroleum Show in Calgary, Alberta.
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Russia, Iraq Remind Us: New Ruling Comes None Too Soon

We may finally be seeing the beginning of the end of an era, and none too soon.
 
In late June, the U.S. Department of Commerce cracked open the door, ever so slightly, for U.S. exports of condensate. The ruling applies, for now, to only two companies: Pioneer Natural Resources Co. and Enterprise Products Partners LP. While the ruling does not lift the ban on crude oil exports, it does provide a legal work-around that could have the net effect of flinging open the door that has been closed since the 1970s.
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