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