Oil companies have offered $279 million for drilling rights in the Gulf of Mexico in the first offshore lease sale in the ...
Thirty oil companies, including Chevron, Shell and BP, paid the United States Department of the Interior around $279 million ...
The first sale of oil and gas drilling leases in the Gulf of Mexico since 2023, and the first of 30 sales mandated by the tax ...
This sale generated $279.4m in high bids for 181 blocks located within 80 million acres of federal waters in the GoM.
Gulf states will get a new boost in shared revenue from offshore oil and gas leases, the Department of the Interior announced Tuesday. The Trump administration has raised the cap on how much states ...
Governor Ron De Santis and Florida Republicans have openly criticized President Donald Trump's offshore drilling plan for the Gulf of America.
A new five-year offshore oil and gas leasing plan proposes 21 sales in Alaska, from the Gulf of Alaska to the High Arctic, and 13 more off the U.S. West Coast and in the Gulf of Mexico.
Offshore oil and gas production does not happen overnight - it takes years of planning, investment, and hard work before barrels reach the market', U.S. Secretary of the Interior Doug Burgum said.
Environmentalists said the fossil fuel sales would put wildlife in the Gulf at an higher risk of dying in oil spills. Spills ...
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