Nations Strike Deal at COP28 to Transition Away From Fossil Fuels

After two weeks of negotiations at the COP28 climate summit, nearly 200 countries have reached an agreement to begin reducing global consumption of fossil fuels.

Countries Push for COP28 Deal on Fossil Fuels as Talks Spill into Overtime

Many nations had criticized a deal draft released on Dec. 11 for failing to call for a "phase-out" of fossil fuels.

US Eyes Central Atlantic Wind Lease Sale

The proposed wind lease sale includes acreage offshore Delaware, Maryland and Virginia.

Carbon Tax, Swinging Gasoline Prices, EV Push. What’s Next for US Energy Policy?

The future of domestic energy policy hangs on the balance of the Inflation Reduction Act's efficacy, a carbon tax adoption and consumers embracing electric vehicles. 

COP28 Kicks Off with Climate Disaster Fund Victory

The early breakthrough on the damage fund, which poorer nations had demanded for years, could help grease the wheels for other compromises to be made during the two-week summit.

OPEC Head Accuses IEA of Vilifying Fossil Fuel Industry

Last year, OPEC dropped the International Energy Agency as a source for data on oil markets.

Environmental Group Urges US not to Extend License for Tellurian LNG plant

The Sierra Club environmental group on Nov. 8 urged the U.S. energy regulator to reject a request by liquefied natural gas developer Tellurian Inc for a three-year extension to complete construction of its $25 billion LNG export facility.

BOEM Identifies Four Wind Energy Areas in GoM Amid Concerns

Word of the wind energy areas comes after the first U.S. GoM lease sale brought in one high bid in August and as the region’s offshore oil and gas sector faces uncertainty.

US Appeals Court Blocks Gulf of Mexico Oil, Gas Sale Expansion, Pending Appeal

The order was the latest in a legal fight over offshore drilling and federal protection of an endangered species of whale.

US Announces $3.5 Billion to Bolster Power Grid, Deploy Clean Energy

President Joe Biden's administration announced $3.5 billion funding for projects to protect the aging U.S. power grid from extreme weather and fires and to connect transmission systems with more electricity from renewable energy sources.