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Trump administration reduces royalty rates in first U.S. oil, gas lease...

(Reuters) The Trump administration on Thursday announced its first offshore oil and gas lease sale, offering 76 million acres (30 million hectares) in the...

Trump blocks Exxon from drilling for oil in Russia

(CNN) The Trump administration has denied ExxonMobil permission to bypass sanctions to drill for oil in Russia. "The Treasury Department will not be issuing waivers...