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 MoreOil and gas production
President 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…
Read MoreBOEM 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…
Read MoreInterior 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…
Read MoreDOE 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…
Read MorePresident 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…
Read MoreUSGS 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…
Read MoreU.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…
Read MoreSecretary Rubio Advises China to Warn Iran Against Closing the Strait of Hormuz
On Monday, China called on the Middle Eastern nation not to disrupt the transportation of oil. Secretary of State Marco Rubio urged China on Sunday to advise Iran…
Read MoreEPA Proposes Biofuel Targets to Strengthen U.S. Energy Security
The new rule would prioritize American-grown fuels, cut foreign oil reliance, and reshape the Renewable Fuel Standard through 2027 The Environmental Protection Agency has proposed new Renewable Fuel…
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