Saturday, 22 February 2025

Focus on American Petroleum Institute (API)

An offshore oil rig is seen as a group of people help clean the beach in Huntington Beach, California, U.S., November 14, 2024.  REUTERS/Mike Blake
ClimateLegislationNatural GasNewsOilPolitics

Biden to ban offshore oil, gas drilling in vast areas ahead of Trump term

U.S. President Biden will ban new oil and gas projects on most U.S. coasts, a move Trump may struggle to reverse.

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Donald Trump’s call for ‘energy dominance’ is likely to run into real-world limits

Trump has pledged to “drill, drill, drill" and sell more oil and other energy sources to allies in Europe and around the globe.

FILE PHOTO: U.S. President-elect Donald Trump speaks as he meets with House Republicans on Capitol Hill in Washington, U.S., November 13, 2024. REUTERS/Brian Snyder/File Photo
BusinessEconomyNewsOilPoliticsRegulationsTrade

Trump plans no exemption for oil imports under new tariff plan, sources say

Trump's 25 per cent tariffs on Canadian and Mexican imports will include oil, despite concerns over energy price spikes.

FILE PHOTO: Pumpjacks and oil wells are seen at the Inglewood Oil Field in Culver City, the largest urban oil field in the United States, in California, U.S., March 10, 2022. Picture taken March 10, 2022. Picture taken with a drone. REUTERS/Bing Guan/File Photo
BusinessEconomyLegislationNatural GasNewsOilPoliticsRegulationsTrade

US energy lobbying groups wary about Trump tariffs threat

U.S. oil and gas groups express concern over Trump's tariff threat on Canada and Mexico, warning of potential industry impacts.

FILE PHOTO: U.S. President Donald Trump speaks with managers and executives during a visit to the Cameron LNG (Liquid Natural Gas) Export Facility in Hackberry, Louisiana, U.S., May 14, 2019. REUTERS/Leah Millis/File Photo
ClimateElectionsElectricityEmissionsEnvironmentLegislationLiquefied Natural GasNewsOilPoliticsRegulationsWind

US energy draws up a wish list for new Trump administration

Trump has vowed to scrap offshore wind projects, roll back climate regulations, open more federal lands and waters to oil and gas drilling.

FILE PHOTO: Pump jacks operate in front of a drilling rig in an oil field in Midland, Texas U.S. August 22, 2018. REUTERS/Nick Oxford/File Photo
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US oil industry urges Trump to ditch Biden climate policies

The U.S. oil industry urges Trump to roll back Biden's climate policies, citing job security, energy independence, and consumer choice.

AnalysisClimateEmissionsNatural GasOilPoliticsReports

Former drilling foe Harris now says she supports it

Vice President Kamala Harris said the Biden-Harris administration has overseen “the largest increase in domestic oil production.″

FILE PHOTO: U.S. President Joe Biden reacts to questions from reporters during a meeting with NATO Secretary General Jens Stoltenberg in the Oval Office at the White House in Washington, U.S., June 17, 2024. REUTERS/Elizabeth Frantz/File Photo
AgricultureAutomotiveBiofuelsClimateElectric Vehicles (EVs)EmissionsFuelNewsOilPoliticsRegulationsTransport

Oil and corn groups team up in lawsuit to halt Biden truck emissions rules

Lobby groups say President Biden's plans to cut emissions from heavy-duty vehicles will cause economic harm.

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