New public-land drilling rules would overhaul the Western oil industry
The potential new rules would hike the amount companies must pay in order to drill, in addition to other changes.
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The potential new rules would hike the amount companies must pay in order to drill, in addition to other changes.
High bids increased by $72 million in the first GOM sale in two years.
'Lease Sale 259 is the first Gulf of Mexico offshore oil and gas lease sale since November 2021'.
The 73 million acre sale — one of the nation’s largest ever — being held by the Interior Department on Wednesday was one of several required under the Democrats’ climate law as a concession to Senator Joe Manchin to secure the bill’s passage in the Senate.
The American Petroleum Institute (API) today announced the promotion of Holly Hopkins to Vice President of Upstream Policy.