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Oct 11, 2015

House conservative group would ‘look favorably’ on Ryan for speakership

WASHINGTON (Reuters) – A group of hard-line conservative Republicans would “look favorably” on Paul Ryan if he ran to be speaker of the House of Representatives, the group’s leader said on Sunday.

The approximately 40-member House Freedom Caucus is at the center of turmoil within the Republican Party over who will be the party’s effective leader in the House ahead of the 2016 presidential election.

Oct 9, 2015

Exclusive: U.S. warns governments, bankers Iran sanctions still in place

LONDON/WASHINGTON (Reuters) – The Obama administration has privately reminded foreign governments and U.S. bankers that sanctions against Iran remain in effect, cautioning against a rush by Western companies to invest in Iran’s oil industry and other businesses until the country fully complies with the July nuclear agreement.

The U.S. State Department recently cabled a message, known as a demarche, to embassies around the world to reiterate that sanctions on Iran are still in place, diplomatic and government sources told Reuters on Friday.

Oct 9, 2015

Exclusive – U.S. warns governments, bankers Iran sanctions still in place: sources

LONDON/WASHINGTON (Reuters) – The Obama administration has privately reminded foreign governments and U.S. bankers that sanctions against Iran remain in effect, cautioning against a rush by Western companies to invest in Iran’s oil industry and other businesses until the country fully complies with the July nuclear agreement.

The U.S. State Department recently cabled a message, known as a demarche, to embassies around the world to reiterate that sanctions on Iran are still in place, diplomatic and government sources told Reuters on Friday.

Oct 9, 2015

US warns governments, bankers Iran sanctions still in place -sources

LONDON/WASHINGTON, Oct 9 (Reuters) – The Obama
administration has privately reminded foreign governments and
U.S. bankers that sanctions against Iran remain in effect,
cautioning against a rush by Western companies to invest in
Iran’s oil industry and other businesses until the country fully
complies with the July nuclear agreement.

The U.S. State Department recently cabled a message, known
as a demarche, to embassies around the world to reiterate that
sanctions on Iran are still in place, diplomatic and government
sources told Reuters on Friday.

Oct 9, 2015

House passes bill axing U.S. oil export ban, veto looms

WASHINGTON, Oct 9 (Reuters) – A bill to repeal the U.S. oil
export ban passed the House of Representatives on Friday, but
faces an uncertain future after a veto threat by President
Barack Obama.

The bill sponsored by Representative Joe Barton, a Texas
Republican, passed the House 261 to 159, failing to reach the
290 votes necessary to overturn a presidential veto.

Oct 9, 2015

U.S. House slams regulators for not catching VW for years

WASHINGTON (Reuters) – Volkswagen AG’s (VOWG_p.DE: Quote, Profile, Research, Stock Buzz) U.S. chief executive blamed “individuals” for using software to cheat on diesel emissions at a House hearing on Thursday as lawmakers attacked federal environmental regulators for failing to catch the fraud for years.

Michael Horn, head of Volkswagen Americas, testified before a House of Representatives oversight and investigations panel about the emissions scandal that has chopped more than a third of the company’s market value and sent tremors through the global auto industry.

Oct 8, 2015

Volkswagen’s U.S. boss blames ‘individuals’ for cheating

WASHINGTON (Reuters) – Volkswagen’s cheating on emissions with the use of software in diesel cars was not a corporate decision, but something that “individuals did,” its U.S. chief executive told lawmakers on Thursday.

Michael Horn, Volkswagen’s U.S. president and chief executive, testified under oath to the House of Representatives Oversight and Investigations panel about the emissions scandal that has wiped away more than a third of the company’s market value and sent tremors through the global auto industry.

Oct 8, 2015

Volkswagen’s U.S. chief blames emissions scandal on ‘individuals’

WASHINGTON, Oct 8 (Reuters) – Volkswagen’s
cheating on emissions with the use of software in diesel cars
was not a corporate decision, but something that “individuals
did,” its U.S. chief executive told lawmakers on Thursday.

Michael Horn, Volkswagen’s U.S. president and chief
executive, testified under oath to the House of Representatives
Oversight and Investigations panel about the emissions scandal
that has wiped away more than a third of the company’s market
value and sent tremors through the global auto industry.

Oct 8, 2015

Volkswagen’s U.S. head: individuals engineered emissions cheating

By David Morgan and Timothy Gardner

(Reuters) – Volkswagen’s cheating on emissions
with the use of software in diesel cars was not a corporate
decision, but something that “individuals did,” its U.S. chief
executive told lawmakers on Thursday.

Michael Horn, Volkswagen’s U.S. president and chief
executive, testified under oath to the House of Representatives
Oversight and Investigations panel about the emissions scandal
that has wiped away more than a third of the company’s market
value and sent tremors through the global auto industry.

Oct 1, 2015

Senate panel passes bill to lift U.S. oil export ban

WASHINGTON (Reuters) – A bill to lift the 40-year-old ban on U.S. oil exports passed the Senate Banking Committee on Thursday, but the future of the measure is uncertain in the full chamber, after a controversial amendment was added to it.

The bill, sponsored by Senator Heidi Heitkamp a Democrat from oil-producing North Dakota, passed 13 to 9. Heitkamp was the only Democrat to vote for the measure.

    • About Timothy

      "I cover U.S. energy and environment policy and climate change. Moved to DC in late 2009 after a decade in New York. Author of "Diminishing Resources:Oil," which is one in a series of books for young adults."
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