Companies Bid $264M in Gulf Oil Sale Mandated by Climate Law
Bids were up 38% from the last auction and marked the most offered in a sale since 2017.
Source: arkansasbusiness.com
Justin Rostant News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Justin Rostant. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Justin Rostant Today - Breaking & Trending Today
Chevron Most Active While Exxon Eyes Carbon Storage in Gulf of Mexico Auction
By Sabrina Valle HOUSTON, March 29 (Reuters) – Exxon Mobil Corp on Wednesday bid for offshore blocks to store carbon dioxide underground during a government oil and gas lease sale in the U.S. Gulf of Mexico, while rivals Chevron Corp and BP Plc targeted areas for production. The largest U.S....
Source: gcaptain.com
$264M offered in Gulf oil sale held under climate compromise
By KEVIN McGILL and MATTHEW BROWN Associated Press
Source: wfmj.com
Oil giants offer $264M for Gulf of Mexico drilling rights
Oil companies offered a combined $264 million for drilling rights in the Gulf of Mexico on Wednesday in a sale mandated by last year's climate bill compromise.The auction was the first in the Gulf in more than a year and drew interest from industry giants including ExxonMobil, Shell and Chevron. It could further test the
Source: 1010wcsi.com
Oil industry giants offered $264 million for drilling rights in federal waters in Gulf of Mexico
The auction was the first in the Gulf in more than a year and drew interest from companies like ExxonMobil, Shell and Chevron. The sale was mandated by last year’s climate bill compromise
Source: elpais.com