Oct 17 U.S. blocks a global fee on shipping emissions as international meeting ends without new regulations By Sibi Arasu, Jennifer McDermott, Associated Press The world's largest maritime nations had been discussing ways to move the shipping industry away from fossil fuels. Continue reading
Aug 06 Trump to put additional 25% import taxes on India, bringing combined tariffs to 50% By Josh Boak, Rajesh Roy, Fatima Hussein, Associated Press The tariffs would go into effect 21 days after the signing of the order, meaning that both India and Russia might have time to negotiate with the administration on the import taxes. Continue reading
Jun 23 Trump calls for more crude drilling amid jitters that Iran may close critical shipping lane By Aamer Madhani, Associated Press President Donald Trump urged stepped-up production as the White House sharpened its warnings to Iran against closing the Strait of Hormuz, a vital oil and gas shipping lane, in retaliation for the U.S. strikes on Iran's nuclear program. Continue reading
May 01 Trump threatens sanctions against buyers of Iranian oil after U.S.-Iran nuclear talks postponed By Jon Gambrell, Associated Press It was unclear how Trump would implement such a ban as he threatened to levy secondary sanctions on nations that import Iranian oil. But his statement risked further escalating tensions with China — Iran’s leading customer — at a time… Continue reading
Jan 23 Watch 3:16 How global business leaders are responding to Trump's tariff threats By Geoff Bennett, Jackson Hudgins Before an audience of world leaders and top business people, President Trump tried to convince them to invest in the U.S. by promising lower taxes and threatening tariffs if they don't. Geoff Bennett discussed the various messages and threats with… Continue watching
Jan 22 Watch 7:12 Trump pushes for more oil and gas production and a roll-back of climate initiatives By Geoff Bennett, Murrey Jacobson, Diane Lincoln Estes Within hours of taking office, President Trump declared a national energy emergency as part of his plan to push for more oil and gas drilling and to heavily boost fossil fuels. He also started a process to reverse much of… Continue watching
Nov 29 Trump has called for U.S. 'energy dominance' but is likely to hit real-world limits By Matthew Daly, Associated Press Donald Trump is creating a National Energy Council that he says will establish U.S. "energy dominance" around the world, but the president-elect's energy wishes are likely to run into real-world limits. Continue reading
Jun 24 U.S. Supreme Court to consider reinstating approval for oil railway in eastern Utah By Mead Gruver, Mark Sherman, Associated Press The railroad would still need additional review and government approvals to proceed even if its developers prevail before the Supreme Court, one group noted. Continue reading
May 31 After catastrophic floods, Vermont becomes first state to enact law requiring oil companies to pay for damage from climate change By Lisa Rathke, Associated Press Vermont has become the first state to enact a law requiring fossil fuel companies to pay a share of the damage caused by climate change after the state suffered catastrophic summer flooding and damage from other extreme weather… Continue reading
May 21 Biden administration releasing 1 million barrels of gasoline from reserve in bid to lower prices By Matthew Daly, Associated Press Energy Secretary Jennifer Granholm says the move is intended lower costs for American families and consumers in time for the summer driving season. Continue reading