U.S. Treasury collaborates with major banks and law enforcement to block Iranian sanctions evasion. U.S. Treasury Secretary Scott Bessent convened leaders from 16 major global financial institutions along…
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Transportation Department Advocates for Improved Pipeline Safety
Federal agency promotes the voluntary adoption of Safety Management Systems to prevent pipeline incidents. U.S. Transportation Secretary Sean Duffy recently announced that the Pipeline and Hazardous Materials Safety…
Read MorePresident Trump Proposes Secondary Tariffs Against Russia
He says they will be put in place if an agreement between Russia and Ukraine fails. President Donald Trump has proposed to impose secondary tariffs on Russian oil…
Read MoreEnergy Department Approves LNG Export Project in Louisiana
Venture Global’s CP2 terminal gains conditional approval to boost U.S. energy exports. U.S. Secretary of Energy Chris Wright recently approved the export of liquefied natural gas (LNG) from…
Read MorePresident Trump Threatens Tariffs on Venezuelan Oil Purchases
He faults Venezuela for sending criminals and gang members to the U.S. President Donald Trump threatened to impose 25 percent tariffs on any country that purchases oil from…
Read MoreInterior Announces Plans to Expand Arctic Drilling
The administration is returning to energy policies from President Trump’s first term. The Department of the Interior (DOI) announced plans to expand drilling in the Arctic this month,…
Read MoreInterior Secretary Promotes National Resources as Assets
He pledges that the U.S. will make more oil and gas leases available. Interior Secretary Doug Burgum spoke before thousands of oil and gas executives this week during…
Read MorePresident Trump Allows Exemption For Russian Oil Sales to Lapse
He seeks to get Russia to the negotiating table after they increased attacks in Ukraine. The U.S. Treasury Department allowed a waiver from President Biden’s administration to lapse…
Read MorePresident Trump Calls to Lower Cost of Oil
OPEC announces a plan to increase production. When President Donald Trump addressed Davos in January, he called for the Organization of the Petroleum Exporting Countries (OPEC) to bring…
Read MoreEPA Allows Expansion of E15 to Year-Round in Midwest
Administrator Zeldin says the EPA seeks to accommodate states not ready to implement the change. The Environmental Protection Agency (EPA) announced will maintain its April 28, 2025, start…
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