BP AMERICA, INC

TAX · Taxation/Internal Revenue Code

Implementation of Public Law 119-21 - provisions related to the 45Q tax credit for carbon capture and sequestration, the 45V tax credit for clean hydrogen; the 45Z clean fuel production tax credit, the renewable energy investment tax credit, the renewable electricity production tax credit, the Base Erosion Anti-Abuse Tax, Section 899 international retaliatory tax and bonus depreciation.

ENG · Energy/Nuclear

H.R. 3838 / S. 2296 - National Defense Authorization Act, FY 2026 - provisions related to Section 804 on government contracting.

Literal federal measure citations: H.R. 3838, S. 2296

NAT · Natural Resources

Implementation of Public Law 119-21- issues related to commingling of hydrocarbons and offshore leasing. H.R. 4275- Coast Guard Reauthorization Act - provisions related to manning and crewing; and (Draft Legislation) Marine Fisheries Habitat Protection Act. Implementation of Biological Opinion on the Federally Regulated Oil and Gas Program Activities in the Gulf of America.

Literal federal measure citations: H.R. 4275

ENV · Environment/Superfund

Implementation of EPA Final Rule - Renewable Fuel Standard Program: Standards for 2026-2027 - issues related to volume obligations; Implementation of Public Law 94-580 - Resource Conservation and Recovery Act, Subtitle D, Solid Waste Management; and Implementation of the Bureau of Ocean Energy Managements Risk Management and Financial Assurance for OCS Lease Grant Obligations Rule.

TAR · Tariff (miscellaneous tariff bills)

Issues related to tariffs on imported crude; Issues related to steel and aluminum tariffs; and Notice of Action and Proposed Action in Section 301 Investigation of Chinas Targeting the Maritime, Logistics, and Shipbuilding Sectors for Dominance - issues related to fines against certain ships.

FOR · Foreign Relations

S. 1241 - Sanctioning Russia Act of 2025.

Literal federal measure citations: S. 1241