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(Reuters) – The latest Trump administration sale of oil and gas drilling rights in the Gulf of Mexico attracted nearly $82.7 million in high bids on Wednesday, generating more money than a sale in March, but far less than one held in December. The Trump administration offered more than 80 million acres (32.4 million hectares) …
US Gulf of Mexico Oil and Gas Lease Sale Attracts $82.7 Million in High Bids Read More »
By Mark Chediak and Ari Natter The Trump administration has agreed to roughly $4 billion in settlements this year to cancel planned offshore wind projects, including a $1.22 billion deal with German utility RWE AG announced Thursday, with billions more in projects still at risk. In addition to RWE, the Trump administration has reached agreements …
Trump Refunds to Cancel Offshore Wind Projects Total $4 Billion Read More »
(Reuters) – Chevron is shutting-in production at its Petronius facility in the U.S. Gulf of Mexico, and all associated personnel are being moved onshore in preparation for Tropical Depression Two, the company said in a statement on Monday. The U.S. oil major also said it is transporting nonessential personnel from its Tubular Bells and Blind …
Chevron Shuts in US Gulf Platform in Preparation for Developing Tropical Storm Read More »
OSLO, July 2 (Reuters) – Norway’s unions representing workers on drilling rigs and floating production platforms reached a wage deal on Thursday evening, ahead of a midnight deadline to avert a strike, labour unions and the employers’ association said. The unions had threatened to call out more than 600 members employed on Transocean’s Encourage rig, …
Norway’s Unions Agree Wage Deal to Avert Strike at Offshore Installations Read More »
By API – American Petroleum Institute As America approaches its 250th anniversary, instability in the Middle East is a reminder of one of our country’s greatest modern achievements: we changed our energy destiny. A generation ago, global disruptions exposed America’s dependence on foreign energy. Today, the United States is the world’s leading producer of oil …
AMERICAN ENERGY SNAPSHOT: Why Offshore Matters for America’s Next 250 Years Read More »
June 29 (Reuters) – Duke Energy (DUK.N) will end its offshore wind lease in the Carolina Long Bay area as part of a settlement agreement with the U.S. Department of the Interior, the department said on Monday, in the latest move by U.S. President Donald Trump to shift investments away from the renewable power source. …
Duke Energy to Terminate North Carolina Offshore Wind Lease Read More »
by EnergyNow Editorial Staff The Trump administration has launched a major effort to expand offshore oil and gas development along the California coast, reopening a debate that has largely been dormant for decades. In January, the U.S. Department of the Interior began the process of considering new offshore lease sales in federal waters off Central …
Trump’s Push for New Offshore Drilling Off California Faces Growing Opposition Read More »
June 2 (Reuters) – Seven U.S. states led by New York sued the Trump administration on Tuesday for cancelling a major offshore wind lease off the coast of New York in exchange for a pledge by its owner to invest instead in fossil fuel projects. The lawsuit in the Washington, D.C., federal court challenges a …
US States Sue Trump Administration and TotalEnergies Over Offshore Wind Cancellation Read More »
By Heidi Taksdal Skjeseth Norway is putting pressure on the European Union to remove a moratorium on new oil and gas drilling in the Arctic where almost two thirds of its petroleum resources lie. Norwegian politicians, civil servants, and environmental and industry lobbyists are increasingly visiting Brussels to influence EU institutions as the bloc gears …
Norway Presses EU to Drop Ban on Arctic Drilling of Oil and Gas Read More »
NEW YORK, May 28 (Reuters) – A U.S. District Court on Thursday denied the California Department of Parks and Recreation’s bid to stop oil producer Sable Offshore Corp (SOC.N) from moving oil on a long-disputed pipeline linked to the Santa Ynez offshore platform. The denial marks a setback for California’s efforts to stop the Santa …
District Court Denies California Parks Department Bid to Stop Sable Offshore Pipeline Read More »
