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Oil & Gas Supply
Carve-out in U.S. Sanctions will Still let Russia Profit from Oil, Gas
There is a glaring carve-out in President Joe Biden’s sanctions against Russia: Oil and natural gas from that country will continue to flow freely to the rest …
Oil Price
Biden Administration Is 'Scared' of the 'Green Lobby', Will Not Abandon Russian Oil
Economist and former naval intelligence officer John Jordan weighs in on how the Russian invasion of Ukraine impacts the American economy.
Offshore Wind Power
U.S. Offshore Wind Auction Draws Record $4.37 Bln in Bids
The Biden administration's sale of offshore wind development rights off the coasts of New York and New Jersey drew a record $4.37 billion in high bids from deve…
Nuclear Power Plant
Russian Forces Just Captured Chernobyl. What Are the Radioactive Risks?
The facility suffered a catastrophic meltdown in 1986, but actual nuclear weapons represent a more concerning atomic threat.
Oil Price
Oil Tops $105/bbl After Russia Attacks Ukraine
Oil prices jumped on Thursday, with Brent rising above $105 a barrel for the first time since 2014 before easing, after Russia's attack on Ukraine exacerbated c…
Nord Stream 2
Biden Unveils Sanctions on Russian Businesses After 'Premeditated' Ukraine Attack
President Joe Biden hit Russia with a wave of sanctions on Thursday after Moscow invaded Ukraine, measures that impede Russia's ability to do business in major …
United States
U.S. Slaps Sanctions on Company Building Russia's Nord Stream 2 Pipeline
The United States on Wednesday imposed sanctions on the company in charge of building Russia's Nord Stream 2 gas pipeline.
Oil Price
U.S. Sanctions on Russia not Targeting Energy Markets
Actions the Biden administration took on Tuesday to punish Russia's economy over its aggression in Ukraine are not intended to hit global energy markets.
Oil Price
Oil Prices Fall on Ukraine Summit Plan, Prospect of Iran Nuclear Deal
Oil prices tumbled giving up early gains on Monday as US President Joe Biden and Russia's Vladimir Putin plan to hold a summit on the Ukraine crisis and on pros…
Crude Oil
U.S. Weighs Chevron Request to Take Venezuela Oil for Debt Payments
The Biden administration is considering a Chevron Corp proposal to allow the U.S. oil major to accept and trade Venezuelan oil cargoes to recoup unpaid debt.
Carbon Emissions
Biden Moves to Fight Climate Change
Raising mileage standards for cars and trucks seek to limit emissions
Carbon Neutral
Biden Signs Net Zero Executive Order
US President Joe Biden has signed an executive order that will make the federal government carbon-neutral by 2050.
Crude Oil
White House not Considering Crude Export Ban
President Joe Biden's administration has all but ruled out the idea of pursuing a ban on crude exports, following an outcry from the oil industry and its allies…
Oil Price
Biden’s Blunder Could Send Oil Prices To $100
Oil prices may have crashed below $70 on Friday due to renewed Covid fears, but if those fears prove to be unfounded then oil prices could soar
Joe Biden
President Biden Heaps Praises on Electric Car Powered by LG Batteries
U.S. President Joe Biden test drove and praised an electric vehicle loaded with batteries jointly developed by LG Energy Solution and General Motors.
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