This is Queen Street Analytics' weekly digest of regulatory developments, legislative discussions and other government-related news concerning oil and gas production, wells, drilling, petroleum and fuels refining, pipelines, LNG, hydrocarbons, and all Landman fans. Once a week, we break down the most important updates in this space in under five minutes.

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Dates: 2026-03-01 to 2026-03-07

📋 In This Week's Newsletter

• 🇺🇸 Federal Government News
• 📜 Legislative Updates
• 📚 What We're Reading This Week

Federal Government News

Amendments Proposed for Marine Tank Vessel Loading Operations Under NESHAP

The Environmental Protection Agency has proposed amendments to the National Emission Standards for Hazardous Air Pollutants (NESHAP) for Marine Tank Vessel Loading Operations under the Clean Air Act. Planned changes include enhanced flare monitoring—mirroring practices introduced in the 2015 Refineries Rule—periodic performance testing every 60 months, annual relative accuracy test audits for continuous emission monitoring systems, and mandatory electronic reporting via EPA's Central Data Exchange. The proposal also removes startup, shutdown, and malfunction exemptions, refines compliance provisions, and updates cross-references. The EPA projects annual reductions of 280 tons of hazardous air pollutants and 3,500 tons of volatile organic compounds, with initial costs estimated at $3.56 million and running costs at $2.14 million. Comments are due April 20, 2026, and a public hearing may occur March 18, 2026 if requested by March 8.

Sources: www.federalregister.gov

Energy Information Administration Seeks Extension of State-Level Generator Air Permit Inventory Reporting

The U.S. Energy Information Administration has issued a notice requesting public comment on a three-year extension for the EIA-860S: State Level Generator Air Permit Inventory Report. Approved under emergency provisions in February 2026 due to surging electricity demand and grid reliability concerns, the EIA notes that backup generators are often omitted from traditional reporting, creating gaps in grid capacity data. This collection aims to provide more comprehensive generator data to support emergency response. Expected annual respondents are 56, with an estimated 280 burden hours. This action responds to increased demand and recent grid emergencies reflected in executive orders and Federal Power Act section 202(c) interventions. Comments should be submitted by May 5, 2026.

Sources: www.federalregister.gov

EPA Approves Kentucky Opt-Out From Federal Reformulated Gasoline Program

The Environmental Protection Agency approved Kentucky's petition to exit the federal reformulated gasoline (RFG) program for areas including Jefferson, Bullitt, and Oldham Counties, effective May 27, 2026. Kentucky submitted required supporting data and noninterference analysis indicating that removal of RFG would not impact attainment status for ozone or other NAAQS. Onroad VOC emissions are projected to increase slightly, but overall emissions will decrease through 2035. The EPA plans a ministerial rulemaking to update regulatory lists post-effective date. Details are available in docket EPA-HQ-OAR-2025-2039.

Sources: www.federalregister.gov

Federal Oil and Gas Valuation Information Collection Renewal

The Office of Natural Resources Revenue (ONRR) at the Interior Department issued a notice of intent to renew information collection for federal oil and gas valuation (OMB Control Number 1012-0005). The collection encompasses requirements for lessees reporting royalties, prepayment requests, and applications to exceed regulatory transportation or processing allowance limits. The mandatory reporting supports ONRR's functions in auditing, valuation, and relief for marginal properties. The renewal estimates 120 respondents, 139 annual responses, and 9,913 burden hours, with comments accepted until May 4, 2026.

Sources: www.federalregister.gov

Preliminary Results for Countervailing Duty Administrative Review: Oil Country Tubular Goods From Türkiye

The U.S. Department of Commerce issued preliminary results for the 2023 administrative review of countervailing duties on oil country tubular goods (OCTG) from the Republic of Türkiye. Commerce finds that Borusan Birleşik Boru Fabrikalari Sanayi ve Ticaret A.Ş. received countervailable subsidies, with a preliminary net subsidy rate of 1.44 percent ad valorem. Public comment periods and disclosures will follow as outlined in the Federal Register, and cash deposit rates may change pending final determination.

Sources: www.federalregister.gov

Legislative Updates

Critical Mineral Consistency Act of 2025

Bill 755, titled Critical Mineral Consistency Act of 2025, was received in the Senate, read twice, and placed on the Senate Legislative Calendar under General Orders, Calendar No. 348, following House passage.

Sources: www.congress.gov

Geothermal Cost-Recovery Authority Act of 2025

Bill 398, Geothermal Cost-Recovery Authority Act of 2025, was ordered to be reported out of House committee by unanimous consent. The measure focuses on cost-recovery authorities for geothermal energy projects.

Sources: www.congress.gov

GEO Act

Bill 301, GEO Act, was ordered to be reported out of House committee by unanimous consent. The act pertains to the governance and regulation of geothermal operations.

Sources: www.congress.gov

STEAM Act

Bill 1077, STEAM Act, was ordered to be reported by unanimous consent in the House. The bill deals with energy regulatory matters linked to advanced steam technologies and applications.

Sources: www.congress.gov

Reversionary Interest Conveyance Act

Bill 952, Reversionary Interest Conveyance Act, was ordered to be reported favorably by the Committee on Energy and Natural Resources without amendment. The bill addresses the conveyance of reversionary interests and public land management.

Sources: www.congress.gov

What We're Reading This Week

• Strait of Hormuz: The Oil Bottleneck Threatening the Global Economy: Article on congestion risks to global oil supplies via the Strait of Hormuz.
• With Qatar’s Gas Shut Off, Western Energy Giants See a Big Payday: Western majors respond to Qatar’s natural gas supply disruptions and resulting market shifts.
• Nigeria's Dangote oil refinery issues tenders to sell gasoil and jet fuel, trade source says: Dangote refinery issues tenders for gasoil and jet fuel sales, affecting regional product flows.
• Opinion | U.S. LNG Exports to the World’s Rescue: WSJ opinion on U.S. LNG exports’ role amid Middle East supply interruptions.
• Russia's pipeline gas and LNG exports: Snapshot of Russian pipeline gas and LNG export activity for global energy markets.
• Venture Global ready to help meet LNG shortfall as Qatar halts output: Venture Global states preparedness to supply LNG following Qatar’s production shutdown.
• China targets steady oil output, more gas and stockpiling in five-year plan: China’s latest five-year plan aims to stabilize oil output and expand gas reserves.
• Oil companies shun Trump administration's Alaska offshore auction: Few operators participate in federal offshore oil and gas auction for Alaska’s Cook Inlet.
• Trump orders oil tanker insurance support, says Navy could escort ships in Gulf: Trump administration announces measures to support oil tanker insurance and possible Navy escorts in the Gulf.
• Qatar LNG, Saudi refinery, Israeli oil, gas fields down due to Mideast strikes: Multiple Middle East facilities offline following recent strikes, impacting regional supply.

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