Methane Mission: Biden's Plan Sparks Industry Debate

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Lone Star Stories

• Methane Mission: Biden's Plan Sparks Industry Debate

The Biden administration's new EPA rule targets drastic methane emission reductions in the oil and gas industry, mandating actions such as ending routine flaring and enhancing leak monitoring. Industry responses vary, with some criticizing the rule as potentially damaging to U.S. energy production and cost-intensive, while acknowledging ongoing efforts to curb emissions through technology and self-regulation.

• Exxon's Diplomatic Drilling: Guyana, Venezuela, and the Politics of Oil

ExxonMobil focuses on efficient oil production in Guyana to indirectly support the government in its border dispute with Venezuela, without direct financial involvement. CEO Darren Woods discusses Exxon's strategic moves, including a major acquisition unlikely to face regulatory hurdles, proactive engagement with the Biden administration, and commitment to industry-wide emission reduction.

Reader Question of the Day

How is the oil industry attracting new talent in an era where many graduates are looking for "greener" careers?

To attract new talent interested in "greener" careers, the oil industry is emphasizing its role in sustainable energy solutions. Companies are showcasing their efforts in renewable energy and sustainable practices, appealing to graduates who want to make a positive environmental impact. This approach positions the industry as a key player in addressing global energy challenges, offering meaningful and impactful career opportunities.

Furthermore, the industry is focusing on innovation and advanced technology in its operations. By providing opportunities to work with cutting-edge technologies like carbon capture and AI, the oil sector attracts those passionate about tech and sustainability. This combination of technological advancement and a commitment to environmental stewardship is drawing a new generation of talent to the industry.

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