His withdrawals “have no expiration date and prohibit all future oil and natural gas leasing in the areas withdrawn.” On Monday, President Joe Biden announced the removal of…
Read MoreEnergy
Energy Department Announces Funding for Nuclear Fuel Recycling Research
Supports early-stage research into undeveloped technology The Department of Energy (DOE) announced $10 million in funding last week for early-stage research projects focused on nuclear fuel recycling solutions. …
Read More
IRS Releases Guidances for Clean Energy Tax Credits
Expands program to include co-owned and co-invested projects. The Internal Revenue Service (IRS) recently finalized its expansion to clean energy tax credits, allowing co-owners and co-investors in clean…
Read More
EPA Finalizes Fee for Companies Generating Excess Methane
The measure may be short-lived as the party majority shifts. The Environmental Protection Agency (EPA) issued its final rule this week imposing a fee for oil and gas…
Read More
Energy Department Replenishes SPR with Final Oil Purchase
2.4 million barrels purchased for $75 per barrel delivered to facility. The Department of Energy (DOE) announced that it has fully replenished the U.S. Strategic Petroleum Reserve (SPR). President…
Read More
Energy Department Invests $28 Million to Train New Energy Auditors
Secretary Granholm announces grant funding distributed to 15 state energy offices. The Department of Energy selected the first round of recipients for its Energy Auditor Training grant program,…
Read More
Treasury Expands Sanctions on Iranian Petroleum Industry
Department responds to Iran’s second direct attack on Israel. The Department of the Treasury expanded its sanctions against Iran’s oil and petroleum industry on Friday, responding to the…
Read More
NASA Selects Two Mission Proposals for 12 Month Scientific Review
One of the proposals will be selected to become a full mission for launch by 2032. The National Aeronautics and Space Administration (NASA) selected two proposals for full…
Read More
Energy Department $1.5 Billion Transmission Development Investment
The funding will build 1,000 miles of new transmission and add 7,100 megawatts to grid. The Department of Energy (DOE) announced a $1.5 billion investment into transmission infrastructure…
Read More
Interior Department Allocates $71 Million to Electrify Tribal Homes
Distributes final round of funding from Tribal Electrification Program. The Department of the Interior (DOI) distributed $71 million to Native American Tribal Nations for the electrification of homes…
Read More