Author: Breanne Deppisch

Western states and Alaska are taking aim at the Biden administration’s proposed public lands rule, arguing it violates federal law and comes at the expense of energy, mining, and agricultural interests in their states. The Bureau of Land Management’s Public Lands Rule, which was announced in late March, would allow the agency to lease federal…

Russian oil and gas earnings were roughly halved in the first six months of 2023, according to new Finance Ministry data, as lower crude prices and limited European gas deliveries continued to cut into Moscow’s primary source of revenue. From January through June of this year, Russian oil and gas revenues fell by a combined…

Chinese electric vehicle maker BYD deployed an engineering team to Chile this week to kick-start a massive lithium processing plant, part of a broader investment shift from electric vehicle makers around the world to compete for limited access to critical minerals. BYD first announced its $290 million investment in April to build out its new…

Oil prices increased Monday on the news that Saudi Arabia and Russia would each impose additional supply cuts for the month of August, amounting to roughly 1.5% of global supply and threatening to push up gas prices for drivers across the United States through the second half of the year. Saudi Arabia said it would…

As hundreds of wildfires continue to burn throughout Canada and choke out large swaths of the United States, many cities have changed or even canceled their planned Fourth of July fireworks displays over air quality concerns and fears of worsening pollution. Here’s what you need to know about canceled displays and who is most at…

A group of 10 states announced their intent Thursday to sue the Environmental Protection Agency over its failure to comply with its own emissions standards for wood stoves, a high-emissions appliance responsible for releasing toxins and particulate matter into the air. In the notice of intent, attorneys general for New York, Alaska, Illinois, Maryland, Massachusetts,…

Glencore CEO Gary Nagle took aim at European investors this week for being too focused on environmental, social, and governance, or ESG factors, which he said were taking precedence above financial returns. Speaking at a mining event in London on Thursday night, Nagle sought to defend Glencore’s proposal to create a spinoff of its coal…

The U.S. Army Corps of Engineers approved the final permit on the Mountain Valley Pipeline on Friday, clearing the way to finish construction on the sprawling interstate natural gas pipeline, which could be completed as early as this year. Sen. Joe Manchin (D-WV), who led the push for the pipeline, announced the news on Twitter.…

The largest U.S. auto union on Friday sharply criticized the Department of Energy’s conditional $9.2 billion loan to Ford and its manufacturing partner SK On to build three electric vehicle battery plants, accusing the Biden administration of “actively funding the race to the bottom” in approving the funds. In a statement, United Auto Workers President…

The Department of Energy is loaning Ford and its battery manufacturing partner $9.2 billion to finance the construction of three electric vehicle battery plants in Tennessee and Kentucky, a massive cash infusion meant to ramp up domestic battery manufacturing capabilities to compete with China. The conditional loan agreement, granted to Ford and its Korean battery…