By Stuart Turley, Energy News Beat The second offshore oil and gas lease sale in the Gulf of America under President Trump’s “One Big Beautiful Bill Act” (OBBBA) has wrapped up with significantly lower participation […]
Daily Standup Top Stories Norway’s Oil Fund to Buy Stakes in Offshore Wind for $1.5 Billion March 31, 2025 Clark Savage The world’s biggest sovereign wealth fund, Norway’s $1.8 trillion oil fund, will buy 49% in […]
A federal judge has blocked an oil and gas lease sale in Gulf waters off the coast of Louisiana after finding that authorities did not take into account the impact of new offshore drilling on […]
The new BOEM rule requires stricter financial assurance standards, impacting 76% of smaller oil and gas operators in the Gulf. Small companies may face significant costs for surety bonds, potentially leading to a $379-800 million […]
World Oil (WO) — As a result of the order issued by the United States Court of Appeals for the Fifth Circuit on Nov. 14, 2023, the Bureau of Ocean Energy Management (BOEM) has scheduled […]
A 60-day comment period is slated to commence Oct. 24 on the Interior Department’s plan to hold the next federal Gulf of Mexico offshore oil and natural gas lease sale in March, according to an […]
The Bureau of Ocean Energy Management (BOEM) has announced the next steps for oil and gas leasing on the Outer Continental Shelf (OCS) to comply with provisions in the Inflation Reduction Act of 2022. These […]
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