WASHINGTON (AP) — Oil and gas companies will have to pay more to drill on federal lands and satisfy stronger requirements to clean up old or abandoned wells under a final rule issued Friday by the Biden administration. The Interior Department's rule raises royalty rates for oil drilling by more than one-third, to 16.67%, in []
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 […]
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 –...
Oil and gas companies will have to pay more to drill on public lands and satisfy stronger requirements to clean up old or abandoned wells, according to a final rule issued Friday by the Biden administration.
President Nicolás Maduro did not hold free and fair elections as promised.
Stefanik wants Education Secretary Miguel Cardona to penalize the institution and for other federal agency leaders to become involved.
NEW MEXICO (KRQE) – The Bureau of Land Management (BLM) has announced revised rules for oil and gas leasing on federal land. And some advocates in New Mexico say the rules help New Mexico. The BLM leases land across the southwest to oil and gas companies. The rules and framework governing those leases haven't been updated in []
The project was set to go through the Arctic National Park and Preserve, a major piece of protected land in the northern half of the state
BOISE, Idaho (CBS2) — The Biden administration has introduced a rule to
Texas Nat Gas Prices Turn Negative As Drillers Chase Oil Sales Nat gas prices at the Waha hub in the Permian basin in Texas slumped to a negative price of -$2.00 per million British thermal units (MMBtu) this week as the recent rise in oil prices prompts producers to bring drilled but uncompleted wells online, OilPrice reported. As the U.S. benchmark oil price, West Texas Intermediate, hit $85 per barrel—the highest level in nearly six months, Texas producers keep pumping crude,...
U.S. attorneys say a federal judge's order failed to fully consider the effects of a shutdown.
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 […]