Oil

Trump’s Bold Move, 28-Day Energy Permits Are Here

The Department of the Interior, under Secretary Doug Burgum, announced on Wednesday a sweeping reform to dramatically accelerate the permitting process for energy and mineral development. Permits that once took years will now be reviewed in as little as 28 days, a move driven by President Donald Trump’s National Emergency Declaration to boost national energy security.

Newsom Urges Oil Business to Remain in State

California Governor Gavin Newsom (D) sent a letter to California Energy Commission (CEC) Vice Chair Siva Gunda, urging him to take action to ensure that the oil business remains in the state.

Texas Is Winning the Energy War

Texas energy producers are setting new records in oil and natural gas output while cutting methane emissions, defying critics who continue to blame the industry for environmental harm. A new report from Texans for Natural Gas, a campaign under the Texas Independent Producers and Royalty Owners Association (TIPRO), confirms substantial environmental progress alongside historic energy production in the Permian Basin.

Venezuela’s Plea to Oil Giants: Defy U.S. Sanctions and Stay

The Venezuelan government is appealing to foreign oil and gas companies to maintain their operations in the country despite the recent revocation of U.S. licenses that previously permitted such activities.

Trump Proposes Tariff on Countries Purchasing Venezuelan Oil

President Donald Trump announced on Truth Social that he may impose a 25% tariff on countries purchasing oil from Venezuela.

Trump Urges Revival of Keystone XL Pipeline

President Donald Trump has called for the resumption of the Keystone XL Pipeline project, inviting the original builder to return and complete the work. In a recent social media post, Trump criticized the previous administration's decision to halt the project and promised expedited approvals under his leadership. He stated, "I know they were treated very badly by Sleepy Joe Biden, but the Trump Administration is very different—Easy approvals, almost immediate start!"

Brazil Joins OPEC+ Amid Climate Summit Preparations

Brazil has officially joined OPEC+, the coalition of major oil-exporting nations, marking a significant shift in its energy policy just months before hosting the United Nations' annual climate summit.

House Approves Bill Banning ‘War on American Energy’

The House of Representatives passed a bill protecting American energy production by prohibiting a federal moratorium on fracking.

Judge Dismisses New Jersey’s Climate Lawsuit Against Big Oil

A New Jersey judge dismissed the state's climate lawsuit, ruling only federal law governs emissions. The lawsuit accused ExxonMobil, Shell, Chevron, BP, ConocoPhillips, and the API of misleading the public on fossil fuels and climate change.

California Proposal Enables Residents to Sue Oil Companies for ‘Climate Disasters’

Democrat California State Senator Scott Weiner introduced legislation that allows residents to sue oil companies over the state's disasters.

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