Five long term authorizations extended through 2050. This past week, the Department of Energy announced the extension of export terms for liquified natural gas (LNG). The authorization extends…
Read MoreOil and gas production
Expanded Oil Activity in Alaska Given OK
The focus on America’s energy independence continues. President Trump’s administration, through the Department of the Interior, has finalized plans to expand drilling in the National Petroleum Reserve in…
Read More
Fresh Sanctions Imposed on Iran
Sanctions target the nation’s oil business. On Monday, the U.S. Treasury Department said in a statement it was placing fresh sanctions on key actors in the Iranian Islamic…
Read More
President Expands Offshore Drilling Ban
An existing moratorium on new drilling sites is being extended. On Tuesday, President Trump announced that the ban on new oil and gas drilling sites in the eastern…
Read More
Interior Department Seeks to Expedite Energy Projects
50 projects total being reviewed for permit exemption to accelerate COVID recovery. The Department of the Interior has submitted a list of major energy and infrastructure projects to…
Read More
President Hosts Iraqi Prime Minister at White House
Discussions include military and energy projects. President Trump met with Iraqi Prime Minister Mustafa Al-Kadhimi this week at the White House. The president spoke of the growing partnership with…
Read More
Interior Secretary Approves Alaska Arctic Drilling
Nineteen million pristine acres opened for first time. Interior Secretary David Bernhardt approved an oil leasing program for the Arctic National Wildlife Refuge, opening up the 19-million acre…
Read More
Trump Administration Approves Alaska Pipeline
Interior Department will work to preserve environment. President Trump’s Administration announced on Thursday that it would be moving forward with the Alaska Liquified Natural Gas (Alaska LGN) Pipeline.…
Read More
Keystone Pipeline Construction Continues
1.2 miles of the proposed 1,200 has been laid in northern Montana despite unresolved court cases. The Keystone XL oil sands pipeline has begun to move forward, even…
Read More
Oil Prices Plummet to Negative Mark
Job losses grow as demand dries up. The price of U.S. oil has turned negative for the first time in history. That means oil producers are paying buyers…
Read More