Oil

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.

Trump Rescinds 78 Biden Executive Actions, Targets Border, DEI, and Climate Policies

President Donald Trump wasted no time dismantling key policies from the Biden administration, rescinding 78 of Biden’s executive actions on Monday night. The sweeping order reverses a range of initiatives on diversity, border policy, and climate regulations that defined Biden’s presidency.

Trump’s 2025 Inauguration: Key Executive Orders

Following the swearing-in, President Trump promptly initiated a series of executive actions aimed at reversing several policies from the previous administration.

Michigan Sees Stark Increase in Gas Prices

Michigan drivers are feeling the pinch at the gas pump this week, with gas prices rising 12 cents since last week, according to AAA.

Trump Team Reportedly Developing Sanctions Strategy for Russia-Ukraine Peace Deal

Incoming officials in President-elect Donald Trump’s administration are reportedly crafting a sanctions strategy aimed at expediting a resolution to the Russia-Ukraine conflict. According to Bloomberg, the plan includes options to pressure Moscow while managing global oil market stability amid existing sanctions on major producers like Russia, Iran, and Venezuela.

Latest news

- Advertisement -spot_img