The funding will support inspections of the nation’s energy infrastructure and state enforcement of federal safety standards. Transportation Secretary Sean Duffy has announced $86 million in federal grants…
Read MoreOil and gas production
President Trump Urges NATO Nations to Halt Russian Oil Purchases
He says the ongoing trade “weakens” negotiations and bargaining power. President Donald Trump recently urged NATO members to stop buying oil from Russia. The president called their continued…
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President Trump Places Tariffs on India over Purchase of Russian Oil
Envoy Witkoff met with President Putin on Wednesday to discuss a ceasefire in Ukraine. President Donald Trump issued an executive order on Wednesday doubling tariffs against India for…
Read MorePresident Threatens Additional Tariffs as India Purchases Russian Oil
India claims its purchases are stabilizing the global market and supply. President Donald Trump threatened to increase U.S. tariffs against India for its purchase of Russian oil. The…
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BOEM Cancels 3.5 Million Acres of Offshore Wind Leases
The president’s administration continues to reduce green energy projects while boosting oil, gas, and coal. The Bureau of Ocean Energy Management began canceling 3.5 million acres worth of…
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Interior Department Reports Over $58M in Oil and Gas Lease Sales
First lease sale under new legislation lowers royalty rates and plans to boost domestic energy development The Bureau of Land Management (BLM) in New Mexico has leased 16…
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DOE Releases Oil from Strategic Reserve to Address Gulf Coast Supply Disruption
Exchange with ExxonMobil seeks to stabilize fuel availability amid refinery slowdown The U.S. Department of Energy (DOE) recently approved the temporary exchange of up to 1 million barrels…
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President Trump and Congress Consider Additional Sanctions on Russia
Legislators propose sanctions as Russia continues the war and spurns ceasefire discussions. Congress and President Donald Trump are preparing to increase pressure against Russia for its ongoing war…
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USGS Reports Untapped Oil and Gas Reserves on U.S. Public Lands
Interior Department estimates show enough domestic resources to supply the nation’s oil and gas needs for years, highlighting the impact of evolving energy technology. The U.S. Department of…
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U.S. Treasury Implements Sanctions on Houthi Oil Smuggling Network
The action targets front companies, operatives, and vessels linked to illegal oil trade and weapons procurement supporting Iran-backed Ansarallah. This month, the U.S. Department of the Treasury’s Office…
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