(Bloomberg) Hess Corp. was the high bidder in a US auction for drilling rights in the Gulf of Mexico, which raised a total of $382 million from oil giants before the Biden administration imposes a two-year hiatus for future sales.Most Read from BloombergTrump Barred From Colorado Ballot in Unprecedented RulingThe Hedge Fund Traders Dominating a Massive Bet on BondsApple Races to Tweak Software Ahead of Looming US Watch BanStocks Rally Loses Steam While Treasuries Power On: Markets WrapOnce Af
The drilling could be “a step for Lebanon to begin overcoming the economic crisis that Lebanon and its people are experiencing,” Berri said.BEIRUT Long-anticipated exploratory drilling for.
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On Friday, the White House released its long-awaited proposal for the next five-year offshore leasing program, and the contents appear to walk back Pr.
Read my mind. joe manchin is pressing the biden administration on what marc is talking about, new offshore oil and gas leases on the sales of them. let s watch. is the administration, which you have your top people with you right now, is your intent to lease unless you are stopped from leasing? currently onshore there are more 12 million acres under lease and offshore 8 million acres under lease. it s clear we re leasing. those have been previous. the bottom line is you have the ability to make some of the changes if we recommended. there is practical changes that should have been made by now. you don t need us. harris: did you catch what he said? those have been previous. don t give me the history. tell me what you ll do about the future. first thing one of the first things president biden did in office was to suspend new leases ordered by a federal court to resume there. not by choice they resumed them.