US decides to limit leasing in Alaska petroleum reserve

By Becky Bohrer in Juneau JUNEAU, Alaska (AP) — The U.S. Interior Department has issued a decision to limit roughly half the National Petroleum Reserve-Alaska to oil and gas leasing, rolling back a Trump-era policy criticized by conservationists that would have vastly...

Looking to deepen pain for Putin, West studying oil and gas

  By Ellen Knickmeyer in Washington WASHINGTON (AP) — The United States unleashed some of its toughest actions against Russian President Vladimir Putin right after he rolled his troops into Ukraine. Polls in the U.S. find that people want Washington to do more....

Biden increases oil royalty rate, scales back lease sales

BILLINGS, Mont. (AP) — The Interior Department on Friday said it’s moving forward with the first onshore sales of public oil and natural gas drilling leases under President Joe Biden, but will sharply increase royalty rates for companies as federal officials weigh...

East African oil pipeline hits the headwinds

By Wanjohi Kabukuru in Mombasa MOMBASA, Kenya (AP) — Climate activists — including influential campaigners Vanessa Nakate and Hilda Nakabuye — are urging more banks and insurers not to back the controversial $5 billion East African Crude Oil Pipeline that is primed to...