Trump Urges the U.K. to Drill More Oil, Criticizing Its Energy Policy

President Trump said the North Sea was a “treasure chest,” but its high taxes were driving away oil producers.

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Canadian Company Claims to Find Large Oil Reserves in Poland

The firm’s chief executive said that the field in the Baltic Sea might eventually produce up to 40,000 barrels of oil a day, making it the largest discovery in Northern Europe in more than a decade.

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Venezuela Is Holding an Election in Essequibo, a Region of Neighboring Guyana

In Sunday’s election, President Nicolás Maduro has called to elect a governor of Essequibo — a region that actually belongs to neighboring Guyana.

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China Says Trump’s Order on Seabed Mining Violates International Law

Dozens of countries have called for a moratorium on seabed mining, and have urged restraint until an international authority agrees on rules for the practice.

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Interior Department to Fast-Track Oil, Gas and Mining Projects

The Trump administration plans to dramatically reduce environmental reviews before permitting drilling and mining projects on public lands and in federal waters.

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Chevron Must Pay $745 Million for Coastal Damages, Louisiana Jury Rules

The verdict will likely influence similar lawsuits against other oil companies over coastal damage in the state.

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Trump-Era Pivot on Seabed Mining Draws Global Rebuke

Diplomats from more than 30 nations have criticized a proposal that could allow the start of seabed mining by 2027.

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Marco Rubio Warns Venezuela Against Attacking Guyana Over ExxonMobil Deal

As ExxonMobil produces oil offshore in Guyana, Venezuela has asserted claims to a large region of the country, recently sending a naval vessel into the waters.

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BP to ‘Fundamentally Reset’ Strategy in Shift Back to Oil and Gas

The energy giant said it would cut planned investments in clean energy and redirect spending toward fossil fuels.

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