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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Secretary 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…
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EPA 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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Treasury Sanctions 30 Iranian Entities Engaged in “Shadow Banking”
The department stated the individuals and companies work to finance nuclear missile programs The Treasury Department’s Office of Foreign Assets Control (OFAC) recently sanctioned 30 more entities that…
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BSEE to Lead Decommissioning in Chumash Marine Sanctuary
The shift in oversight intends to streamline offshore oil platform removal while protecting marine ecosystems The Department of the Interior assigned the Bureau of Safety and Environmental Enforcement…
Read MoreInterior Seeks to Accelerate Oil and Gas Leasing on Federal Lands
The Bureau of Land Management implements a policy for a six-month review timeline to increase energy development and public participation. The U.S. Department of the Interior issued a…
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