April 20, 2021
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Top Story
A new report from the Government Accountability Office criticized the Interior Department's Bureau of Safety and Environmental Enforcement for inadequate monitoring of the thousands of miles of active and decommissioned pipelines in the Gulf of Mexico. The Interior Department "generally agrees with the report findings" and will follow the GAO's recommendations to update regulations governing offshore pipelines, an Interior official said.
Full Story: The Wall Street Journal (4/19) 
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Industry News
NextDecade has teamed up with Project Canary on a pilot project that will focus on monitoring, reporting, and providing independent third-party measurement and certification of the greenhouse gas intensity of the liquefied natural gas produced at its Rio Grande LNG terminal in Brownsville, Texas. NextDecade is hoping that its commitment to responsibly sourced gas will help it win back climate-conscious buyers.
Full Story: S&P Global (4/19) 
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Speaking before the US District Court of the District of Columbia on Monday, the operators of the Dakota Access oil pipeline warned that shutting down the line during an environmental review would trigger an "immediate economic shock." Energy Transfer said it would incur between $3.44 million and $4.28 million per day in revenue losses if the line is shut.
Full Story: Reuters (4/19) 
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ExxonMobil on Monday proposed a $100 billion public-private carbon storage and sequestration project along the Texas Gulf Coast that would pull carbon dioxide emissions out of the atmosphere and store them deep beneath the Gulf of Mexico. Such a project could bury 55 million short tons a year of CO2 by 2030, with capacity potentially doubling by 2040, but for that "it will need government and private-sector funding, as well as enhanced regulatory and legal frameworks that enable investment and innovation," Exxon said.
Full Story: BNN Bloomberg (Canada) (4/19) 
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Exploration & Production
Despite higher oil prices and improved cash flows, oil and natural gas operators should keep spending in check, said Wood Mackenzie analysts, citing downside risks associated with supply chain cost inflation, fiscal tightening and portfolio restructuring. "Oil at $65/bbl is better for producers than oil at $50/bbl. But what was a good idea just a few months ago - capital restraint, financial fortitude, focus on resilience - remains a good idea today," said WoodMac's Greig Aitken.
Full Story: Oil & Gas Journal (free content) (4/19) 
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Policy Watch
The White House is hoping for some congressional action on its $2.3 trillion infrastructure package by Memorial Day, but says it could be broken up and passed in pieces. Press Secretary Jen Psaki says the administration is open to different routes for passage, adding that "there are different components that could move forward, certainly, on their own."
Full Story: Reuters (4/15) 
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Rep. Garret Graves, R-La., has reintroduced legislation to amend the National Environmental Policy Act through streamlined project reviews. The bill is designed to eliminate unclear provisions and to define the responsibilities of each authority contributing to environmental reviews to achieve "practical project timelines."
Full Story: Progressive Railroading (4/15),  Greater Baton Rouge Business Report (La.) (4/14) 
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Gas-fueled light vehicles for the 2030 model year and later will be banned in Washington state under a bill passed by lawmakers. The prohibition would also apply to vehicles purchased elsewhere and imported to the state.
Full Story: Electrek (4/15) 
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API Update
API eLearning Training Course | API 570 Piping Inspection Code Course
Based on the 4th edition of API 570, this 10-module eLearning course trains learners on the general knowledge necessary to be an API 570 inspector. This training course is for the purpose of education only and does not result in a certification. This course is designed to provide learners with the knowledge and expertise required for the maintenance, rating, inspection, repair, and alteration of in-service piping as well as educate learners on the API publications, standards, and reference publications with which inspectors must be familiar. To register and to learn about other eLearning courses and webinars, visit API Learning.
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EVENT | 2021 API/AFPM Spring Operating Practices Symposium, May 19-20, Virtual
Join us for the API/AFPM Operating Practices Symposium (OPS), jointly sponsored by the American Petroleum Institute (API) and the American Fuel & Petrochemical Manufacturers (AFPM). This industry-wide forum is an important opportunity for the exchange of information on safe operating procedures and sharing of "best practices" within refineries and petrochemical plants. Learn more.
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April prepares her green traffic light and the world thinks Go.
Christopher Morley,
writer, editor, journalist
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