Auto Added by WPeMatico
(Reuters) – The U.S. Interior Department said on Thursday it has implemented new guidelines for allowable pressure differences in a certain type of oil drilling in part of the Gulf of Mexico, changes it expects can boost U.S. oil output. President Donald Trump’s new Energy Dominance Council led by Interior Secretary Doug Burgum is looking …
US Aims to Boost Offshore Oil Drilling by Easing Pressure Rules Read More »
April 21 (Reuters) – Oil and gas group Shell (SHEL.L) plans to complete a marine survey at Venezuela’s offshore Dragon gas field before a U.S.-set May deadline to wind down all licenses related to energy projects in the country, sources close to the preparations said. Colombia-flagged survey vessel Dona Jose II arrived in U.S.-sanctioned Venezuela …
Shell to Complete Survey at Venezuela Gas Field as License Wind-Down Approaches Read More »
The U.S. Interior Department on Friday said it would begin taking public input for a new five-year offshore oil and gas leasing program that could include new zones in the Arctic and elsewhere to maximize energy development. President Donald Trump has ordered government agencies to identify ways to increase already record high U.S. oil and …
Trump Administration Kicks Off Plan for Expanded Offshore Drilling Read More »
GEORGETOWN, April 15 (Reuters) – A consortium led by U.S. Exxon Mobil (XOM.N) is about to begin the installation of its fourth floating oil production facility in Guyana, the South American country’s maritime regulator said in a notice on Tuesday. The floating production storage and offloading (FPSO) facility ‘One Guyana,’ built by SBM Offshore (SBMO.AS) …
Exxon Consortium to Begin Installation of Floating Oil Facility in Guyana Read More »
A federal district judge ruled against the Biden administration’s sale of oil and gas drilling rights in the Gulf of Mexico, citing insufficient analysis of the sale’s potential effects on the climate and endangered whales. Summary by Bloomberg AI The judge directed additional arguments on the best remedy, which could include invalidating leases sold in …
Judge Rules Against Sale of Gulf of Mexico Oil Drilling Rights Read More »
HOUSTON, Jan 31 – U.S. oil producer Chevron used the term “Gulf of America” instead of Gulf of Mexico in its fourth-quarter press release on Friday, a sign of corporate America beginning to implement U.S. President Donald Trump’s order to rename the ocean basin. The name change was part of a flurry of executive orders Trump issued …
Oil Producer Chevron Uses Term ‘Gulf of America’ After Trump Renaming Order Read More »
Action seen delivering on his vow to unleash American energy Biden had blocked new offshore oil leases in 625 million acres Photographer: Eric Thayer/Bloomberg US President Donald Trump revoked offshore oil and gas leasing bans that effectively blocked drilling in most US coastal waters as he made sweeping moves his first hours in office to unleash …
Trump Orders U.S. Waters Open to Oil Drilling, Reversing Biden Read More »
Summary • Biden announced ban on Jan. 6, saying it helps fight climate change • Trump says he will reverse it • Republican-led states joined by trade groups in their lawsuit (Reuters) – A group of Republican-led states filed a lawsuit on Friday challenging a ban announced by outgoing Democratic U.S. President Joe Biden earlier …
Republican-Led States Sue Biden Administration Over Offshore Drilling Ban Read More »
Jan 9 (Reuters) – Oil and gas major Shell (SHEL.L) said on Thursday it had started production at the offshore floating facility Whale located in the Gulf of Mexico. The Whale development is operated by Shell, which owns 60% of the project alongside U.S. energy major Chevron (CVX.N), which has a 40% stake. The project …
Shell Begins Production at Whale in US Gulf of Mexico Read More »
Proclamation protects 625 million acres of Pacific, Atlantic Decision complicates any Trump bid to widen offshore drilling President Joe Biden is set to order a ban on new offshore oil and gas development across some 625 million acres of US coastal territory, ruling out the sale of drilling rights in Atlantic and Pacific waters as well as …
Biden to Ban New Oil Drilling Over Vast Stretch of US Atlantic, Pacific Waters Read More »
