oil and gas

A report published on Monday by Bloomberg, citing the Russian Finance Ministry, found that Moscow generated over double the amount of revenue in April 2024 from oil sales and taxes compared to April 2023.

LNG Energy Group, a Canada-based company owned by billionaire Texas businessman Rodney Lewis, brokered a deal with Venezuela’s PDVSA.

The administration of U.S. President Joe Biden reinstated oil and gas sanctions on Venezuela on Thursday, a recognition that lifting the sanctions did nothing to entice the socialist regime to host a free and fair election.

Venezuela’s socialist dictator Nicolás Maduro attempted to issue a message in English to U.S. President Joe Biden on Monday to discuss the upcoming expiration of Biden’s generous oil and gas sanctions relief package to his regime.

Argentine President Javier Milei asserted in an interview on Sunday that he “would not have any problem” imposing diplomatic sanctions against Venezuela’s socialist regime, suggesting he would be willing to convince other countries to support similar measures.

Ukraine’s National Agency on Corruption Prevention (NACP) announced on Tuesday that it had decided to add China’s three largest oil and gas companies to its list of “international sponsors of war” for their lucrative business interests in Russia, potentially driving a wedge between Kyiv and Moscow.

European nations continue to find ways to get around their own sanctions on Russian energy imposed in the wake of Moscow’s invasion.

Voters are overwhelmingly concerned about the rising price of gasoline in the United States and would prefer to have Congress and President Joe Biden focus their time on oil and gas drilling to reduce costs.

The National Republican Congressional Committee (NRCC) indicated they would target vulnerable House Democrats in energy-rich districts for voting against the GOP-led energy package.

The House passed Republicans’ signature legislation, the Lower Energy Costs Act, on Thursday with support from four Democrats and all but one Republican.

The Biden administration was forced to offer up 2,600 square miles of federal oil and gas leases in the Gulf of Mexico this week, following a deal made by Sen. Joe Manchin (D-WV) in exchange for his support of the left’s climate legislation last summer.

Texas Republicans hailed the GOP’s signature legislation, the Lower Energy Costs Act, on the same day that two Texas Democrats announced they would also support the bill, signaling the nation’s top oil-producing state stands to gain from its passage.

Former President Donald Trump detailed his plan for “reclaiming American energy dominance” and creating the “power plants, pipelines, grids, ports, refineries, and shipping terminals of tomorrow” in his latest campaign ad video shared exclusively with Breitbart News.

Just a few days after President Joe Biden took a victory lap for “action to get more oil” undertaken by his administration, a cabal of climate change groups complained that U.S. financial institutions continue to fund the fossil fuel industry.

HSBC announced that it will no longer finance new oil and gas projects in order to meet the green agenda goals of the globalist elites.

Senator John Kennedy (R-LA) said Wednesday on Fox News Channel’s “Fox and Friends” that President Joe Biden’s energy policy is a “moron-athon” while discussing the administration’s plan to implement new regulations on U.S. oil and gas to prevent methane leaks.

Democrat challenger Gabe Vasquez defeated incumbent Rep. Yvette Herrell (R-NM) in New Mexico’s Second Congressional District.

“Mitch McConnell knows he doesn’t have my support,” Kelly Tshibaka said, noting the GOP leader’s support of Lisa Murkwoski.

Wesley Hunt, Republican nominee to represent Texas’s 38th district, said crime, inflation, and the border are low-hanging fruit for victory.

Oil and gas company Valero Energy slammed California as a “hostile regulatory environment for refining” after the state’s Energy Commission accused them of price fixing.

Leaders in the fossil fuel industry slammed Sen. Lisa Murkowski’s record of harming the Alaskan energy sector on Wednesday.

Republican Washington state U.S. Senate candidate Tiffany Smiley is calling for a return to American energy independence, according to her energy and environment policy proposal obtained exclusively by Breitbart News.

U.S. Treasury Secretary Janet Yellen said Thursday the United States must look to “the wind, sun, and other clean sources of energy” instead of relying on oil and gas.

Japan’s government said this week it spotted three Chinese warships “sailing an unusual route around the archipelago,” the South China Morning Post (SCMP) reported on Wednesday, noting that the sighting comes amid heightened tensions between Tokyo and Beijing over maritime territorial disputes.

Leftist ex-guerrilla member Gustavo Petro, one of the two remaining candidates in next week’s Colombian presidential election, has expressed his desire to put an end to the country’s oil and sugar industries if elected president.

The EU agreed to embargo two thirds of Russian oil immediately with the aims of reducing imports by 90 per cent at the end of the year.

The Conservative government of Boris Johnson will impose a 25 per cent windfall tax on oil and gas companies to provide public handouts.

Environmentalists outraged by Biden’s decision to resume federal oil and gas leasing have not read the fine print. Biden actually eliminated 80 percent of the land available for leasing and increased the cost of operating those leases by 50 percent. 

If you want to know why the supply of oil is responding so sluggishly to demand, direct your attention to the explosive popularity of environmental, social, and governance (ESG) investing.

California Assemblyman and Democrat candidate running for the U.S. House of Representatives, Rudy Salas, missed two votes in the recent weeks to temporarily suspend the state’s gas tax, as gas prices have skyrocketed in the Golden State and across the country.

The Republican State Leadership Committee (RSLC), a state Republican-aligned campaign arm, launched a series of digital ads in Democrat states to emphasize their failed far-left policies at the state level that have crippled domestic energy production.

A majority of voters in the United States support the federal government opening up public lands for oil drilling as one method of reducing the skyrocketing price of gas, according to a Morning Consult/Politico poll.

An overwhelming majority of voters in the United States support a temporary break from paying federal and state taxes on gasoline as one method of reducing the skyrocketing price of gas, according to a Morning Consult/Politico poll.

The latest poll from the National Republican Congressional Committee (NRCC) of 77 battleground congressional districts across the country showed that the Democrats face headwinds with voters as they are being held responsible for record-high inflation, skyrocketing gas prices, and out of control spending.

Permits for oil and gas development “have been coming out of the Biden administration slower than” during the Trump years, oil executive Dan Eberhart said.

“Put drop boxes next to the pump and see who gets elected,” Andrew Wilkow said, adding, “Start voting at gas stations.”