Oil prices ease on prospect of persistently high US interest rates

Oil prices slipped in early trade on Friday as U.S. jobs data pointed to higher interest rates for longer and easing tensions in the Middle East dampened supply concerns. The market largely shrugged ... Read More

Alaska’s U.S. senators say pending decisions on Ambler road and NPR-A are illegal

Alaska’s U.S. senators and representatives of resource-extraction industries accused the Biden administration on Thursday of breaking federal laws by rejecting a controversial plan to build a road ... Read More

Oil prices jump, U.S. stock futures sink on reports of explosions heard in Iran

Crude oil prices jumped and U.S. stock futures sank Thursday night following reports of explosions in a city in western Iran, amid fears of a wider ... Read More

EPA takes first step toward a rule for existing gas plants

The agency has opened a “non-regulatory docket” to collect comments before it writes a climate rule for the existing gas fleet. EPA began taking public comment Tuesday on how it should ... Read More

US finalizes higher fees for oil and gas companies on federal lands

President Joe Biden's administration on Friday finalized a range of reforms designed to boost returns and address environmental harms from drilling on public lands, a move that will increase fees for ... Read More

Alaska House, seeking to boost oil and gas business, approves carbon storage bill

The Alaska House of Representatives voted Wednesday to allow companies to collect carbon dioxide and inject it deep underground. Supporters said they believe it will boost the state’s oil, coal and ... Read More

Biden Administration Takes Next Step Toward All-EV Auto Future

Over the next three decades, that will prevent more than 7 billion tons, in total, of climate-warming carbon emissions. That’s more than the entire U.S. economy coughs up each year. This is ... Read More

US takes next step in Medicare drug price negotiations with pharma companies

WASHINGTON, April 2 (Reuters) - The Biden administration ... that could have led to onerous remedies for the U.S. tech giant. Marketscategory US FTC preparing to sue to block $8.5 bln takeover ... Read More

How US oil production hit a record under Biden despite climate policies

Almost no matter the metric, the U.S. oil and gas industry has flourished under President Joe Biden, even though his administration has pushed hard to transition the U.S. economy toward a carbon ... Read More

US takes another step to stem the flow of technology to Russia for weapons

Since Moscow invaded Ukraine in 2022, the U.S. and ... can take to help prevent their products from ending up inside Russia. The Reuters Daily Briefing newsletter provides all the news you need ... Read More

Biden Administration Takes Next Step Toward All-EV Auto Future

Drivers bought a record 1.2 million all-electric cars last year, also up 50% on the year, to reach 8% of all new cars sold, with this year’s share headed to 10% or more. That’s a strong vote ... Read More