US Tries to Seize Iranian Gas Heading Toward Venezuela

U.S. federal prosecutors are seeking to seize four tankers sailing toward Venezuela with gasoline supplied by Iran, the latest attempt to disrupt ever-closer trade ties between the two heavily sanctioned anti-American allies.

The civil-forfeiture complaint filed late Wednesday in the District of Columbia federal court alleges that the sale was arranged by a businessman, Mahmoud Madanipour, with ties to Iran’s Revolutionary Guard Corps, a U.S.-designated foreign terrorist organization.

Read More

Industry Report Touts Oil and Gas Contributions in Minnesota Economy

A new study by the American Petroleum Institute (API) credits Minnesota’s strong economy and job creation, in part, to the abundance of affordable fuels wrought by the country’s shale boom recognized through hydraulic fracturing, also called fracking.

Read More

More Local Governments in Colorado Pass Moratoriums on Oil and Gas Development Because of New Regulations

by Derek Draplin   Berthoud and Broomfield are the latest local governments in Colorado to implement a moratorium on oil and gas development following passage of new industry regulations signed into law last month. The Colorado Oil and Gas Conservation Commission, the state’s regulatory body, issued “objective criteria” that will require…

Read More

Nine States Back Environmentalists Trying to Shutdown Search for Oil in Atlantic

by Tim Pearce   Nine states are intervening in a lawsuit against the Trump administration for approving oil and gas companies to search for oil and gas deposits in the Atlantic Ocean. Maryland Attorney General Brian Frosh announced Thursday the states would join environmental groups in a lawsuit to prevent the Trump…

Read More

Enviros File Lawsuits to Stop Trump’s Approval of Surveys for Oil Deposits

by Chris White   Environmental groups are suing to prevent the Trump administration from approving seismic survey testing for oil and gas reserves off the South Carolina coast. Oceana and the Sierra Club argued in legal filings Tuesday that the Commerce Department’s approval of seismic testing violates the Endangered Species…

Read More

Obama Touts Climate Legacy, Then Takes Credit for US Oil Boom

by Michael Bastasch   Former President Barack Obama said he was “extraordinarily proud of the Paris accords” before, rather ironically, taking credit for booming U.S. oil and gas production. “I was extraordinarily proud of the Paris accords because — you know, I know we’re in oil country and we need…

Read More

Trump Notches a Big Win Against Russia After Merkel Folds on US Gas Imports

by Chris White   German Chancellor Angela Merkel is offering government support for a for project that would supply Germany with U.S. natural gas — the move comes as U.S. President Donald Trump seeks to loosen Russia’s hold on Europe’s energy markets. Merkel told lawmakers in early October that her government…

Read More