Major U.S. oil industry groups on Monday sued the Biden administration for halting drilling auctions on federal lands and waters this year, arguing the government is required by law to Continue Reading
The U.S. Treasury Department issued new energy financing guidance to multilateral development banks on Monday, saying the United States would oppose their involvement in fossil fuel projects except for some Continue Reading
With climate change and long-term drought continuing to take a toll on the Colorado River, the federal government on Monday for the first time declared a water shortage at Lake Continue Reading
Oil markets started off the week under pressure as continued speculative “long” liquidation amid delta variant demand concerns weighed on prices. However, in an ironic twist, the oil market got Continue Reading
The Biden administration on Monday challenged a federal judge’s decision in June to block the Interior Department’s pause on oil and gas leasing on public lands and waters – a Continue Reading
Several years ago, a major US electric utility, wrote in its 10-K , a document filed annually with federal securities regulators, that it could not “currently estimate the financial impact Continue Reading
America’s appetite for fossil fuels has come roaring back as the economy cranks into gear, providing a boost to energy groups but flying in the face of Washington’s drive to Continue Reading
U.S. officials on Monday are expected to declare the first-ever water shortage from a river that serves 40 million people in the West, triggering cuts to some Arizona farmers next Continue Reading
Twin tropical storms promise heavy rains across Florida and more misery for Haiti, reeling after hundreds were killed following a massive earthquake Saturday. In the Gulf of Mexico, Tropical Storm Continue Reading
Petroleos Mexicanos fought tooth and nail to wrest control of the country’s biggest private oil find from the companies that discovered it. Now it has found itself without the cash Continue Reading
