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US President Donald Trump.
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US Federal Trade Commission
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West Virginia map
Energy Transition

Equinor, Standard Lithium finalize US DOE grant for Arkansas lithium project

Jan. 16, 2025
Equinor and Standard Lithium have been formally granted $225 million from the US Department of Energy for a lithium-extraction project in Arkansas.
Cathy Landry for Endeavor Business Media.
US Capitol.
Government

API looks for Trump to reverse Biden’s ban on ANWR leasing, repeal EV mandates

Jan. 14, 2025
Trump should reverse the Biden administration’s ban on leasing in Alaska’s ANWR, restrictions on offshore oil and gas leasing and development in federal waters, and mandates requiring...
81005634 © Ksenia Samorukova | Dreamstime.com
Oil pump jack. Bashkortostan, Russia.
Government

US imposes toughest sanctions yet on Russia’s oil industry

Jan. 10, 2025
The US took its strongest actions yet to slash Russian oil and gas revenues by sanctioning two oil companies, about 180 oil-carrying vessels, dozens of traders, insurance companies...
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Alaska
Government

US government’s ANWR lease sale a bust; no companies bid for tracts

Jan. 9, 2025
The US Bureau of Land Management received no bids for the congressionally mandated oil and gas lease sale offering 400,000 acres in the coastal plain of Alaska’s Arctic National...
ID 38543599 © Dave Newman | Dreamstime.com
Federal Trade Commission building in Washington, DC
Government

US FTC slaps fine on oil producers for gun-jumping deal

Jan. 7, 2025
The Federal Trade Commission issued a $5.6 million civil penalty on oil producers XCL Resources Holdings, Verdun Oil Co., and EP Energy LLC to settle allegations they engaged ...