Aug 22 Biden reinstates stricter offshore safety rules, reverses Trump era policies By Kevin McGill, Associated Press The Biden administration has tightened offshore oil drilling safety regulations, including rules regarding the use of "blowout preventer" devices on offshore oil and gas drilling rigs. Continue reading
Aug 11 Watch 3:36 News Wrap: Judge says Trump's right to free speech is 'not absolute' in election case In our news wrap Friday, a federal judge overseeing the election conspiracy case against former President Trump warned his right to free speech is not absolute, FTX founder Sam Bankman-Fried is in jail after a judge revoked his bail, Islamic… Continue watching
Apr 29 Bipartisan senators urge Biden to step up seizures of Iranian oil amid sanctions By Calvin Woodward, Associated Press A dozen senators are making a bipartisan appeal to President Joe Biden to reinvigorate the power of U.S. authorities to seize Iranian oil assets under an enforcement program they say has been allowed to languish. Continue reading
Apr 02 Saudi Arabia, other OPEC+ nations announce surprise oil production cuts By Associated Press Saudi Arabia and other major oil producers on Sunday announced surprise cuts totaling 1.15 million barrels per day from May until the end of the year, a move that could raise prices worldwide. Continue reading
Mar 12 Biden blocks other oil drilling in Alaska while considering Willow project By Chris Megerian, Matthew Daly, Associated Press As President Joe Biden prepares a final decision on the huge Willow oil project in Alaska, he will prevent or limit oil drilling in 16 million acres in Alaska and the Arctic Ocean, an administration official said on Sunday. Continue reading
Jan 12 House votes to prevent China from buying oil from U.S. reserves By Matthew Daly, Associated Press The Republican-controlled House has voted to block oil from the country's emergency stockpile from going to China. Continue reading
Dec 10 Watch 5:57 Why activists are targeting famous art to protest climate change By Geoff Bennett, Lorna Baldwin, Winston Wilde, Azhar Merchant Over the past few months, activists have targeted priceless works of art to call attention to the climate crisis. These viral moments are grabbing attention, but is the message getting through? We look at how these protests could be both… Continue watching
Dec 09 Keystone oil spill in Kansas is largest in pipeline's history, federal data shows By John Hanna, Ryan J. Foley, Heather Hollingsworth, Associated Press An oil spill in a creek in northeastern Kansas this week is the largest for an onshore crude pipeline in more than nine years and by far the biggest in the history of the Keystone pipeline, according to federal data. Continue reading
Dec 05 European Union implements Russian oil price cap to limit Kremlin war chest By David McHugh, Associated Press The impact may be blunted because Russia has been able reroute much of its European seaborne shipments to China, India and Turkey, although at steep discounts. Plus, the price cap is near what Russian oil already cost. Continue reading
Sep 05 OPEC+ makes small trim to world oil supplies as prices fall By David McHugh, Associated Press OPEC and allied oil-producing countries, including Russia, have made a small trim in their supplies to the global economy. The move Monday underlines their unhappiness as recession fears help drive down crude prices — and the cost of gasoline, to… Continue reading