Climate bill’s unlikely beneficiary: US oil and gas industry

By Matthew Brown And Michael Phillis in Billings BILLINGS, Mont. (AP) — The U.S. oil industry hit a legal roadblock in January when a judge struck down a $192 million oil and natural gas lease sale in the Gulf of Mexico over future global warming emissions from...

Companies plan $2.6B investment in major Alaska oil project

ANCHORAGE, Alaska (AP) — Two oil and gas companies have announced plans to invest $2.6 billion into developing a major oil field on Alaska’s North Slope. Australia-based Santos and Spain-based Repsol made the announcement, which was lauded by state political...

Ruling clears Biden’s 2021 pause on new oil, gas leases

NEW ORLEANS (AP) — A judge’s order that forced the Biden administration to resume sales of oil and gas leases on federal land and waters was vacated Wednesday by a federal appeals court in New Orleans. It was at least a temporary victory for President Joe Biden but...

Norway hits export record amid soaring gas prices

STOCKHOLM (AP) — Norway’s exports reached a record in July, driven mainly by natural gas prices that have soared since Russia’s invasion of Ukraine. The Scandinavian country’s statistics agency on Monday said Norwegian exports reached 229 billion kroner...