The Biden Administration May Stop Exxon from Buying Pioneer
Blaming Exxon for high gasoline prices in the US, the administration of President Joe Biden will try to leave the deal to buy Pioneer, writes Reuters As a result of the merger of Pioneer and Exxon, the latter will become the largest producer of petroleum products in the region. Analysts …
Biden Intends to Cancel Licenses for Hydrocarbon Production in Alaska Issued Under Trump
The American president noted that these measures will help preserve Arctic lands and wildlife US President Joe Biden intends to cancel permits issued by the previous US administration led by Donald Trump to lease federal lands in the state of Alaska for the development of oil and gas fields. This …
Joe Biden imposed restrictions on the development of oil and gas fields near the Chaco Canyon
On June 2, 2023, the Biden Administration decided to stop issuing new oil and gas leases within 10 miles (16 km) of the Chaco Culture National Historical Park. Natives, environmentalists and state officials have long called on the federal government to ban well drilling in the area. The park is …