• Biden administration limits gas and oil drilling in Alaska

    The Interior Department released a new regulation Friday that will affect 13 million acres in Alaska, prohibiting drilling for oil on the land. The Management and Protection of the National Petroleum Reserve in Alaska rule will affect 40% of Alaska’s reserve, as 10.6 million acres will be completely protected by the Bureau of Land Management […]

  • BLM looking for comment on oil and gas leases in New Mexico

    SANTA FE, N.M. (KRQE) – The U.S. Bureau of Land Management (BLM) is reconsidering a plan to lease land in Eddy and Lea Counties to oil and gas companies. Now, BLM is looking for public input on the idea. In 2021, BLM approved leases for about 6,000 acres of land in New Mexico. Then, Citizens Caring for []

  • Falcon Oil & Gas Successfully Completes Fundraising - TipRanks.com

    Falcon Oil & Gas Ltd (UK) (GB:FOG) has released an update. Falcon Oil & Gas Ltd has successfully completed a fundraising initiative, securing approximately $4.9 mil

  • Emma Group expands its Romanian operations into oil and gas production

    The Competition Council authorized the transaction by which Emma Lambda Limited, Cyprus, part of the Czech Emma group, takes over Stratum Energy Romania LLC, USA, with its branches and subsidiaries. Thus, the Emma group, which owns a large part of the supply of gas and electricity in Romania, expands its business in the area of […]

  • Northern Oil and Gas (NYSE:NOG) Upgraded to “Hold” by StockNews.com

    Northern Oil and Gas (NYSE:NOG – Get Free Report) was upgraded by stock analysts at StockNews.com from a “sell” rating to a “hold” rating in a report issued on Monday. NOG has been the subject of a number of other research reports. Stifel Nicolaus dropped their target price on shares of Northern Oil and Gas […]

  • United Nations Climate Summit Host Azerbaijan: Oil and Gas a 'Gift of the Gods'

    Ilham Aliyev, the strongman president of Azerbaijan, used his platform at the Petersberg Climate Dialogue in Germany on Friday to declare the presence of fossil fuels in his country a "gift of the gods" and declare his intention to expand Baku's exports to Europe.

  • Regional U.S. Banks Sharply Expand Lending to Oil and Gas Projects

    How a semantic twist gave a major bank a loophole to keep financing fracking.

  • Biden administration moves to restrict oil and gas leases on 13m acres in Alaska

    Environmentalists celebrate new rules but Alaska politicians call it an ‘illegal’ attack on state’s livelihood and predict lawsuitsThe Biden administration said on Friday it will restrict new oil and gas leasing on 13m acres (5.3m hectares) of a federal petroleum reserve in Alaska to help protect wildlife such as caribou and polar bears as the Arctic continues to warm.The decision – part of an ongoing, years-long fight over whether and how to develop the vast oil resources in the state –...

  • Ruhle Claims High Gas Prices Are a Russo-Saudi Plot to Elect Trump

    With gas prices on the rise, MSNBC’s Stephanie Ruhle did what comes naturally to her: defending President Joe Biden. On Wednesday’s The 11th Hour Ruhle not only claimed that Biden has nothing to do with high gas prices, but he is being undermined by the Russians and the Saudis who are trying to get Donald Trump elected. Ruhle kicked off the segment by declaring, “We know that inflation is driving Americans crazy. If you are unsure, just call your mother. For many, it is their biggest complaint...

  • Ruhle Claims High Gas Prices Are a Russo-Saudi Plot to Elect Trump

    With gas prices on the rise, MSNBC’s Stephanie Ruhle did what comes naturally to her: defending President Joe Biden. On Wednesday’s The 11th Hour Ruhle not only claimed that Biden has nothing to do with high gas prices, but he is being undermined by the Russians and the Saudis who are trying to get Donald Trump elected. Ruhle kicked off the segment by declaring, “We know that inflation is driving Americans crazy. If you are unsure, just call your mother. For many, it is their biggest complaint...

  • Biden ‘doesn’t have the authority’ to limit oil and gas leasing in Alaska: Dan Sullivan

    President Joe Biden “doesn’t have the authority” to restrict new oil and gas leasing on federal petroleum reserves in Alaska, Sen. Dan Sullivan (R-AK) said Sunday in response to the Democratic administration’s environmental protection plan. “Leaders of the North Slope of Alaska were unanimous in opposition to this,” Sullivan said Sunday, adding that Biden was […]

  • GREEN: Trudeau remains intransigent on oil and gas cap — despite dire warnings of harm

    In the face of heavy opposition from Canada’s premiers to Prime Minister Justin Trudeau’s carbon tax, one might have hoped the prime minister would moderate some of his government’s extreme climate policies. But alas, on a recent swing through Alberta, he threw cold water on any hope of moderation. When asked in a meeting with […]