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Biden Bans Offshore Oil, Gas Drilling in Most Federal Waters as Trump Vows to Reverse It

President Joe Biden's long-threatened ban on new offshore oil and gas drilling in most of the U.S.'s coastal waters echoes President-elect Donald Trump's desire to expand offshore drilling in the name of ensuring U.S. energy independence. The move is being advanced with the aim of blocking the president's administration promises. . Trump has already made […]

US Steel, Nippon sue Biden over move to block $14B merger

U.S. Steel and Nippon Steel sued the U.S. government on Monday to revive their $14 billion merger after President Biden blocked the deal last week. The CEO of U.S. Steel called. It's a “shameful” capitulation to union leaders. The lawsuit, filed in federal court in Washington, accuses Biden and administration officials of corrupting the deal […]

Biden Enacts Last-Minute Offshore Drilling Ban Across Vast Swath Of US Waters

The Biden administration on Monday announced a ban on future offshore oil and gas activity across 625 million acres of the outer continental shelf. This area is larger than the area of ​​land included in the waning Louisiana Purchase of 1803. of action Future drilling will be halted on 250 million acres along the East […]

Biden bans offshore drilling in 625M acres of federal waters before Trump admin

President Biden on Monday announced an 11th-hour executive action banning new drilling and further oil and gas development in more than 625 million acres of U.S. coastal and offshore waters. Biden, whose term ends in two weeks, said he would use his authority to protect offshore areas along the East and West Coasts, the eastern […]

Nippon Steel and US Steel sue Biden administration over blocked merger

U.S. Steel and Japanese steelmaker Nippon Steel filed a lawsuit against the U.S. government on Monday in a last-ditch effort to move forward with integration, but President Biden blocked the lawsuit on Friday, citing national security concerns. A new lawsuit accuses Biden of intervening in the merger review process for political gain and trying to […]