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Billionaire Texas Oilman Inks Deal to Revamp Venezuela’s Onshore Oil Fields

LNG Energy Group, a Canadian-based company owned by billionaire Texas businessman Rodney Lewis, has signed a deal with Venezuela’s state oil company PDVSA to rehabilitate five onshore oil fields, according to the Associated Press. mediated. report Wednesday. The deal was announced days after US President Joe Biden took office. returned Oil and gas sanctions against […]

UK lifts de facto ban on onshore wind development

Britain’s Conservative government on Tuesday eased planning rules, lifting restrictions that had effectively banned the construction of new onshore wind farms in the UK. In 2015, then-Prime Minister David Cameron, who was also in the Conservative government, introduced a rule that allowed one challenge to a wind turbine application to block development. This regulation has […]