Speaker of the US House of Representatives Mike Johnson
US oil and gas has high hopes for new Speaker
ESG reporting standards and spending and subsidy provisions in the IRA among the priorities for the sector
Washington has seen a turbulent few months, with September’s fight over federal funding for the 2024 financial year and the ousting of California Republican Kevin McCarthy from the post of House speaker. The latter led to a month-long fight among Republicans to elect a replacement, a battle fraught with controversy and bad blood as candidates such as Louisiana’s representative and House Majority Whip Steve Scalise and Ohio’s Jim Jordan were considered and rejected. In the end, the party settled on Louisiana congressman Mike Johnson, a fourth-term member from Shreveport who has served as deputy whip, to become the next speaker. Johnson has established a strong pro-business record in Congress
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11 August 2025
The administration is pushing for deregulation and streamlined permitting for natural gas, while tightening requirements and stripping away subsidies from renewables
8 August 2025
The producers’ group missed its output increase target for the month and may soon face a critical test of its strategy
7 August 2025
The quick, unified and decisive strategy to return all the barrels from the hefty tranche of cuts from the eight producers involved in voluntary curbs signals a shift and sets the tone for the path ahead
7 August 2025
Without US backing, the EU’s newest sanctions package against Russia—though not painless—is unlikely to have a significant impact on the country’s oil and gas revenues or its broader economy
