Latest Oil and gas industry News

President Joe Biden signs his first executive order in the Oval Office of the White House on Wednesday, Jan. 20, 2021, in Washington. (AP Photo/Evan Vucci)

On Day One, Biden targets Trump policies on climate, virus

Jan. 20, 2021 10:35 PM EST

WASHINGTON (AP) — President Joe Biden is moving swiftly to dismantle Donald Trump's legacy on his first day in office, signing a series of executive actions that reverse course on immigration, climate change, racial equity and the handling of the coronavirus pandemic. The new president signed the orders...

The Latest: Fireworks light up sky to celebrate inauguration

Jan. 20, 2021 10:18 PM EST

WASHINGTON (AP) — The Latest on Joe Biden's presidential inauguration (all times local): 10:15 p.m. Fireworks lit up the sky behind the Washington Monument to mark the end of Inauguration Day for President Joe Biden. Biden and first lady Jill Biden watched the end of the day’s events from a balcony...

Biden plans temporary halt of oil activity in Arctic refuge

Jan. 20, 2021 10:16 PM EST

JUNEAU, Alaska (AP) — President Joe Biden's administration announced plans Wednesday for a temporary moratorium on oil and gas leasing in Alaska's Arctic National Wildlife Refuge after the Trump administration issued leases in a part of the refuge considered sacred by the Indigenous Gwich'in. The plans,...

In this Dec. 18, 2020 photo, pipes to be used for the Keystone XL pipeline are stored in a field near Dorchester, Neb. Canadian Prime Minister Justin Trudeau says his officials have been in frequent contact with President-elect Joe Biden’s incoming administration making the case for a long disputed oil pipeline that reports say Biden will cancel on his first day in office.   (Chris Machian /Omaha World-Herald via AP)

Keystone XL pipeline halted as Biden revokes permit

Jan. 20, 2021 10:15 PM EST

TORONTO (AP) — Construction on the long disputed Keystone XL oil pipeline halted Wednesday as incoming U.S. President Joe Biden revoked its permit on his first day in office. The 1,700-mile (2,735-kilometer) pipeline was planned to carry roughly 800,000 barrels of oil a day from Alberta to the Texas Gulf...

FILE - In this May 8, 2017, file photo, is Arch Canyon within Bears Ears National Monument in Utah. President Joe Biden said Wednesday, Jan. 20, 2021, he plans to review the Trump administration's downsizing of the Grand Staircase-Escalante and Bears Ears National Monuments in southern Utah. Bears Ears National Monument is on lands considered sacred to Native Americans who joined environmental groups in suing when the boundaries were redrawn in 2017. (Francisco Kjolseth/The Salt Lake Tribune via AP, File)

Biden to review Trump's changes to national monuments

Jan. 20, 2021 7:20 PM EST

SALT LAKE CITY (AP) — President Joe Biden said Wednesday he plans to review the Trump administration's downsizing of two sprawling national monuments in the American Southwest, including one on lands considered sacred to Native Americans who joined environmental groups in suing when the boundaries were...

President-elect Joe Biden and his wife Jill Biden arrive at Andrews Air Force Base, Tuesday, Jan. 19, 2021, in Andrews Air Force Base, Md. (AP Photo/Evan Vucci)

Biden charts new US direction, promises many Trump reversals

Jan. 20, 2021 12:34 AM EST

WASHINGTON (AP) — Stop. Stabilize. Then move — but in a vastly different direction. President-elect Joe Biden is pledging a new path for the nation after Donald Trump’s four years in office. That starts with confronting a pandemic that has killed 400,000 Americans and extends to sweeping...

A man stands in front of signs displaying prices of products in US dollars outside a grocery store in the Quinta Crespo neighborhood of Caracas, Venezuela, Tuesday, Jan. 19, 2021, amid the new coronavirus pandemic. Venezuela's economic crisis has sent millions fleeing and those left behind lacking basic goods, including gasoline, in a country with one of the world's largest proven oil reserves. (AP Photo/Matias Delacroix)

Trump blocks Venezuelans' deportation in last political gift

Jan. 19, 2021 10:58 PM EST

CARACAS, Venezuela (AP) — With the clock winding down on his term, U.S. President Donald Trump shielded tens of thousands of Venezuelan migrants from deportation Tuesday night, rewarding Venezuelan exiles who have been among his most loyal supporters and who fear losing the same privileged access to the...

Canadian Prime Minister Justin Trudeau speaks during a news conference outside Rideau cottage in Ottawa, Ontario, Tuesday, Jan. 19, 2021. (Adrian Wyld/The Canadian Press via AP)

Canada in touch with Biden admin about disputed oil pipeline

Jan. 19, 2021 8:20 PM EST

TORONTO (AP) — Canadian Prime Minister Justin Trudeau said Tuesday that his officials have already made the case to U.S. President-elect Joe Biden’s incoming administration for a long disputed oil pipeline that reports say Biden will cancel on his first day in office. Trudeau said that over the...

Washington state nixes methanol plant meant to supply China

Jan. 19, 2021 7:59 PM EST

OLYMPIA, Wash. (AP) — Officials in Washington state denied a key permit for a large proposed methanol plant Tuesday, saying the project that aims to send the chemical to China to be used in everything from fabrics and contact lenses to iPhones and medical equipment would pump out too much pollution. A...

UN chief urges foreign fighters leave Libya by Saturday

Jan. 19, 2021 7:52 PM EST

UNITED NATIONS (AP) — The U.N. chief is urging the departure of all foreign fighters and mercenaries from Libya by Saturday as called for in the Oct. 23 cease-fire agreement signed by the warring sides after years of fighting split the oil-rich North African nation in two. Secretary-General Antonio...