He calls their release shows that the government is “seeking peace.” President Donald Trump called the release of political prisoners by Venezuela a “gesture of good will” as…
Read MoreOil and gas production
U.S. Forces Seize Sanctioned Oil Tankers
Crews are expected to face prosecution for transporting sanctioned Venezuelan oil. The U.S. military and Coast Guard announced that they seized two sanctioned oil tankers this week –…
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House Passes Bill to Facilitate Natural Gas Pipeline Permitting
FERC to become the lead environmental review agency for pipeline projects. The House of Representatives recently passed a bill to expedite natural gas pipeline projects by making the…
Read MorePresident Trump Announces U.S. Seizure of Venezuelan Oil Tanker
The president says, “It was seized for a very good reason.” President Donald Trump announced on Wednesday that the U.S. Coast Guard, assisted by the U.S. Navy, had…
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Interior Department Releases Five-Year Plan for Offshore Drilling Leases
This new schedule represents the most active offshore oil and gas leasing plan in decades. The Interior Department recently released a five-year plan in support of offshore oil…
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Senate Vote Overturns Rule Prohibiting Oil and Gas Drilling in Alaska
The upper chamber utilized the Congressional Review Act to reverse the decision of the prior administration. Under the Congressional Review Act (CRA), the Senate has overturned a prohibition…
Read MoreTreasury Department Sanctions 50 More Iranian Entities
The fourth round of new sanctions seeks to pressure the oil and gas network. The Treasury Department’s Office of Foreign Assets Control (OFAC) recently announced sanctions on 50…
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President Trump Reports India to Halt Russian Oil Purchases
President Trump enacted an additional 25% tariff on top of the 25% already in place over the oil imports. President Donald Trump announced that Prime Minister Narendra Modi…
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DOT Awards $86M to Strengthen State Pipeline Safety Programs
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 MorePresident 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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