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Companies Bid $264M in Gulf Oil Sale Mandated by Climate Law - Vimarsana News

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.

$264M offered in Gulf oil sale held under climate compromise - Vimarsana News

$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 - Vimarsana News

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

US to auction Gulf of Mexico oil under climate compromise - Vimarsana News

US to auction Gulf of Mexico oil under climate compromise

The Biden administration is auctioning oil and gas leases across more than 114,000 square miles in the Gulf of Mexico in a sale mandated by last year's climate bill. Wednesday's

Oil industry giants offered $264 million for drilling rights in federal waters in Gulf of Mexico - Vimarsana News

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