Tag: US Interior Department
US fossil fuel royalty rules toughened
New royalty rules to improve transparency of federal coal program By Valerie Volcovici WASHINGTON, June 30 (Reuters) – The Obama administration on Thursday completed new rules for how energy companies value oil, gas and coal extracted from federal land in a reform meant to protect taxpayers’ stake in those sales. The Interior Department updated the […]
US coal lease suspension affects 30 plus mining projects
US coal lease suspension announced Friday BILLINGS, Mont. _ At least 30 applications from companies seeking to mine hundreds of millions of tons of coal face suspension as the government reviews sales of the fuel from public lands, government officials disclosed Friday. The coal leasing program would be put on hold for up to three […]
Interior Dept to cancel energy lease on US, Canadian Blackfoot sacred land
Interior Dept cancelling drilling lease near Glacier National Park BILLINGS, Mont. _ The Interior Department plans to cancel a long-suspended oil and gas drilling lease near Glacier National Park that’s on land considered sacred to the Blackfoot tribes of the U.S. and Canada, according to court documents filed Monday. Tribal leaders said such a move […]
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