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Federal Agency Recommends Updated Regulations for Pipeline Monitoring, Decommissioning, and Abandonment

The Energy Law

On April 19, the United States Government Accountability Office (“GAO”) released a report (the “Report”) in response to a request from the House of Representatives Committee on Natural Resources regarding the oversight and decommissioning of pipelines in federal waters, which are mainly located within the Gulf of Mexico.

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All or Nothing: Regulators Strictly Define Pipeline Abandonment

The Energy Law

On August 16th, the Pipeline and Hazardous Materials Safety Administration (“PHMSA”) issued an advisory bulletin to clarify the regulatory requirements that may vary depending on the operational status of a pipeline under 49 C.F.R. These pipelines may still contain hazardous materials. Parts 192 and 195 (2016).

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Federal Agency Recommends Updated Regulations for Pipeline Monitoring, Decommissioning, and Abandonment

The Energy Law

On April 19, the United States Government Accountability Office (“GAO”) released a report (the “Report”) in response to a request from the House of Representatives Committee on Natural Resources regarding the oversight and decommissioning of pipelines in federal waters, which are mainly located within the Gulf of Mexico.

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Valor | Energy Connection – Feb. 24, 2025

Valor

Read more BP to abandon green energy target and ramp up oil Summary : BP will abandon its plan to expand renewable energy generation 20-fold by 2030, scrapping its target of reaching 50 gigawatts (GW) and maintaining its current 8.2 It is part of a broader buildout, including two new pipelines and a 319-acre tank farm.

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Department of Interior Proposes New Financial Assurance and Decommissioning Regulations

The Energy Law

Decommis sioning liability for predecessors: Current regulations – All lessees and owners of operating rights are jointly and severally liable for meeting decommissioning obligations. A party that assigns a record title interest or operating rights remains liable for decommissioning liability.

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Oil and Gas 2025: How Will Companies Navigate a Year of Transformation—and Why It Affects Everyone?

Rextag

With M&A activity accelerating, companies are securing inventory and refining their operations to meet future demand. shale sector is experiencing a robust wave of mergers and acquisitions (M&A) as companies seek to bolster inventory and scale their operations. CONSOLIDATION GAINS MOMENTUM AMID INVENTORY CONCERNS The U.S.

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DOI Regulatory Agenda Includes BSEE Rulemakings on Decommissioning and Bonding for Civil Penalty Appeals

The Energy Law

BSEE’s 2024 decommissioning rule would update 30 C.F.R. The Notice of Proposed Rulemaking is scheduled to be published in December 2024, with public comments expected to close in February 2025.