Focus on Fuel
Republican-led states sue Biden administration over offshore drilling ban
Republican-led states sue over Biden's ban on new offshore oil and gas projects along most U.S. coastlines.
US FTC finalizes consent order for $53 billion Chevron-Hess merger
The U.S. Federal Trade Commission approves a consent order to resolve antitrust issues in Chevron's $53B Hess takeover.
US clean energy tax subsidies to cost $825 billion over 10 years, CBO says
U.S. clean energy subsidies under Biden's Inflation Reduction Act to raise deficits by $825B over the next decade, CBO says.
Alberta Energy Regulator lays nine charges against Imperial Oil for 2023 spill
Alberta charges Imperial Oil over 5.3M-litre toxic wastewater spill at Kearl site, citing environmental and reporting failures.
Colonial Pipeline restarts main gasoline artery after fixing leak in Georgia
Colonial Pipeline restarts Line 1 after Georgia leak, restoring gasoline supply to East Coast markets with minimal disruptions.
Biden protects 84% of IRA clean energy grants from being clawed back
Biden secures 84 per cent of $96.7B in clean energy grants under the IRA, shielding funds from Trump's planned clawbacks.
SLB says its Russia business aligns with new US sanctions as revenue drops
SLB said its current business in Russia still aligns with new U.S. sanctions on Russia, but that revenue in the country was declining.
Biden administration moves to protect more of Alaska refuge from drilling
Biden moves to protect more of Alaska's ANWR from drilling, complicating Trump's pro-oil development plans.
Trump’s Interior Department nominee says boosting energy key to US security
Doug Burgum will vigorously pursue Trump’s goals of maximizing energy production from America’s public lands and waters.
