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EIA News

Peak Permian: Timing uncertain

April 1, 2025 Andy Del Prado

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 […]

Energy Policy

US federal judge blocks offshore lease sale over impact on Rice’s whales

March 31, 2025 Stu Turley

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 […]

Oil
Crude Oil News

76% of Small Offshore Oil Companies at Risk

May 31, 2024 Mariel Alumit

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 […]

Gulf of Mexico
Crude Oil News

BOEM reschedules Gulf of Mexico lease sale 261 for third time after court order

November 21, 2023 Mariel Alumit

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 […]

Offshore
Crude Oil News

BOEM sets date for US Gulf of Mexico oil and gas Lease Sale 259

October 24, 2022 Mariel Alumit

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 has announced the next steps for oil and gas leasing on the Outer Continental Shelf.
Crude Oil News

BOEM Announces Next Steps for Oil and Gas Leasing

October 21, 2022 Mariel Alumit

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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