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  • Associated Press Finance

    Biden administration restricts oil and gas leasing in 13 million acres of Alaska's petroleum reserve

    The Biden administration said Friday it will restrict new oil and gas leasing on 13 million acres (5.3 million hectares) of a federal petroleum reserve in Alaska to help protect wildlife such as caribou and polar bears as the Arctic continues to warm. The decision — part of an ongoing, yearslong fight over whether and how to develop the vast oil resources in the state — finalizes protections first proposed last year as the Biden administration prepared to approve the controversial Willow oil project. The approval of Willow drew fury from environmentalists, who said the large oil project violated Biden's pledge to combat climate change.

  • Reuters

    US restricts drilling and mining in Alaska wilderness, angering state leaders

    The Biden administration on Friday took steps to limit both oil and gas drilling and mining in Alaska, angering state officials who said the restrictions will cost jobs and make the U.S. reliant on foreign resources. The measures are aligned with President Joe Biden's efforts to rein in oil and gas activities on public lands and conserve 30% of U.S. lands and waters to combat climate change. The Interior Department finalized a regulation to block oil and gas development on 40% of Alaska's National Petroleum Preserve to protect habitats for polar bears, caribou and other wildlife and the way of life of indigenous communities.

  • The Telegraph

    Lando Norris beats Lewis Hamilton to Chinese GP sprint pole

    McLaren’s Lando Norris seized pole position for the Chinese Grand Prix sprint race on Friday after a wet and chaotic qualifying at the Shanghai International Circuit.