President Obama Bans Offshore Drilling in Arctic and Parts of Atlantic

By Valerie Volcovici and Timothy Gardner WASHINGTON, Dec 20 (Reuters) - U.S. President Barack Obama on Tuesday permanently banned new oil and gas drilling in federal waters in the Atlantic and Arctic Oceans, in one of his last environmental pushes before he leaves office next month. In protecting the waters, Obama used a 1950s-era law called the Outer Continental Shelf … [Read more...]

Obama Said to Block Selling New Drilling Rights in U.S. Arctic

By Jennifer A. Dlouhy (Bloomberg) -- The Obama administration is set to block the sale of new oil and gas drilling rights in U.S. Arctic waters under a five-year blueprint, handing a victory to environmentalists who said the activity threatened whales, walruses and other wildlife in the region. The details were confirmed by people familiar with the plan who were not … [Read more...]

Bid to Limit U.S. Offshore Drilling Gains in Wake of Trump Win

By Ari Natter and Jennifer A. Dlouhy (Bloomberg) -- A long-shot bid to convince the Obama administration to use 24 words of a 1953 law to permanently restrict oil development off the U.S. Atlantic and Arctic coasts is gaining support from environmentalists concerned about Donald Trump’s victory. The move to use what’s known as provision 12(a) of the Outer Continental … [Read more...]

Obama Enlists Republican Kasich to Push Trans-Pacific Trade Deal During Presidency

By Roberta Rampton WASHINGTON, Sept 16 (Reuters) - Ohio's Republican governor, John Kasich, took over the White House briefing lectern on Friday to praise the 12-nation Trans-Pacific Partnership, an unusual move that shows how hard President Barack Obama will push for the trade deal's approval. Obama, a Democrat who is leaving office in four months, met with the governor, … [Read more...]

Obama Presses China On Maritime Treaty

By Roberta Rampton (Reuters) U.S. President Barack Obama pressed his Chinese counterpart Xi Jinping on Saturday on territorial disputes in the South China Sea, urging Beijing to uphold its legal obligations and stressing the United States' commitments to its regional allies. Xi said China would continue to safeguard its sovereignty and maritime rights in the … [Read more...]