Oil and Gas Watch

Brendan Gibbons

Billions in Venezuelan oil revenue draw Congressional scrutiny as Iran war reshapes U.S. energy strategy

Three months after U.S. special forces extracted Venezuelan President Nicolás Maduro from Caracas in a nighttime raid, the Trump Administration’s handling of billions of dollars in Venezuelan oil revenue has become the subject of Congressional scrutiny. Questions are being raised as the administration scrambles to unlock Venezuelan crude to offset a fuel crisis driven by the U.S. attack on Iran. The administration last month lifted sanctions on Venezuela’s oil put in place in January 2019, during Trump’s first term.

September 11, 2025

Southwestern states struggling with drought debate the recycling of fracking wastewater

Often contaminated with carcinogens like benzene and arsenic, the water that flows back up from oil and gas extraction wells is expensive to store, hard to reuse, extremely brackish, and has caused countless headaches for both industry and nearby residents. Colorado, New Mexico, and Texas are pursuing ways to make industry recycle more of its wastewater in oilfields to avoid depleting freshwater sources, as well as attempting to expand the use of this wastewater for other purpose

Brendan Gibbons

September 4, 2025

Louisiana officials want to displace a majority Black community to make room for industrial 'MegaPark'

State and local officials envision Modeste, a small community in Ascension Parish, not as a tight-knit residential community but as the “RiverPlex Megapark,” a 17,000-acre industrial site home to multiple industries. If all goes according to plan, dozens of residents would leave to make room for a steel plant by Korean automaker Hyundai. State officials are offering Hyundai $2.4 billion in incentives, including a $1.2 billion in local property and sales tax breaks.

August 28, 2025

During a dark time for clean energy, carbon capture for the oil industry gets a boost

The past several years have seen a flurry of carbon capture projects, with at least 270 proposed across the U.S. -- many buoyed by billions in subsidies from the Biden Administration meant to fight climate change. But so far, only a tiny fraction of these carbon capture projects are actually operating, and only four are “permanently” burying carbon without directly subsidizing the oil and gas industry. Trump's "Big Beautiful Bill" recently increased incentives for using captured carbon to produce more oil and gas.

Brendan Gibbons

August 21, 2025

Trump Administration tries to slash funding for chemical disaster oversight

The White House has proposed eliminating funding by 2026 for the U.S. Chemical Safety and Hazard Investigation Board, an independent agency that investigates chemical disasters, issues plain-language reports on their causes, and recommends reforms to prevent similar disasters. In addition to targeting the agency, Trump’s EPA has also signaled that it would roll back a rule finalized in 2024 meant to require better planning for chemical disasters.

Alexandra Shaykevich

August 14, 2025

Dubious claims of chemical plastics ‘recycling’ industry run into reality

At least 38 projects involving the use of heat or chemicals to break down plastic waste have been proposed across the country, and three plants are currently under construction, two in Georgia and one in West Virginia. But the future of these projects is highly uncertain, as companies struggle with high costs, low output, and the loss of government subsidies. Only 9 chemical recycling plants are operating in the U.S. today after four facilities shut down because of technical and financial troubles.