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Biden to ban more offshore oil drilling
Biden to ban new oil drilling over vast areas of US Atlantic, Pacific waters, Bloomberg News reports
President Joe Biden is set to ban new offshore oil and gas development across 625 million acres (250 million hectares) of U.S. coastal territory, Bloomberg News reported on Friday.
Biden to Ban More Offshore Oil Drilling Before Trump Arrives
President Joe Biden is preparing to issue a decree permanently banning new offshore oil and gas development in some US coastal waters, locking in difficult-to-revoke protections during his final weeks in the White House.
Biden Expected to Permanently Ban Oil Drilling in Some Federal Waters
The move, expected as early as Monday, relies on a 70-year-old law that could make it difficult for the Trump administration to reverse it.
13h
Russia clears beaches after Black Sea oil spill, declares emergency in Crimea
Russia declared a regional state of emergency on Saturday in Crimea, which it seized from Ukraine in 2014, as workers cleared ...
1d
on MSN
The US oil boom shows no signs of stopping as shale execs say they'll ramp up spending in 2025
While the OPEC+ cartel of oil-producing countries has restricted output since the start of last year, non-OPEC nations like ...
1d
on MSN
Oil Prices Are Surging. It Isn’t a Reason to Buy Oil Stocks.
The incoming Trump administration could have a volatile impact on energy markets, but it isn’t a clear buying signal for oil ...
2d
on MSN
Drilling could resume where a 1969 oil spill inspired Earth Day
A plan to resume offshore oil drilling in Santa Barbara, California, has reopened old wounds in a city where a 1969 oil spill ...
2d
Oil prices end higher to kick off 2025, boosted by a stronger demand outlook
Oil futures began 2025 on a positive note Thursday, boosted by expectations for stronger demand, with hopes that China, the ...
9h
on MSN
Russia-appointed officials in Crimea declare emergency as oil spill reaches Sevastopol
Russia-appointed officials in Moscow-occupied Crimea announced a regional emergency on Saturday, as oil was detected on the ...
1d
on MSN
Birds rescued from oil spill in Muddy River in Massachusetts returned back to their home
Dozens of ducks and geese that were left covered in oil​ from a spill in the Muddy River were released back into the wild.
1d
on MSN
Oil prices score weekly gains, buoyed by China policy support
Oil futures posted solid gains in a holiday-shortened week, buoyed by expectations of further stimulus in China, the world’s ...
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