(The Center Square) – United Kingdom-based Harbour Energy on Monday announced it has agreed to acquire deepwater specialist LLOG Exploration Company for $3.2 billion, providing the company with a ...
Houston’s oil giants came out on top during the first sale of oil and gas drilling rights in the Gulf of Mexico since 2023, offering a sneak peak into how the industry views offshore opportunities ...
Oil companies offered $300 million for drilling rights in the Gulf on Wednesday in the first of 30 sales planned for the region under Republican efforts to ramp up U.S. fossil fuel production.The sale ...
Energy companies offered more than $279 million in winning bids Wednesday at the U.S. government's first sale of oil and gas drilling rights in the U.S. Gulf since 2023, led by BP (BP), which offered ...
BP, Woodside, Chevron dominate bidding Chevron places highest bid of $18.6 million for Keithley Canyon block Companies bid more per acre than in any Gulf auction since 2017 The auction, which ended ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Two years after the last oil and ...
BP won the most acreage in the Dec. 10 Gulf of Mexico lease sale, where companies offered more than $279 million in the first auction of Trump’s second term. The total fell about $100 million short of ...
A unit of BP Plc was the high bidder in a US auction for oil and gas drilling rights in the Gulf of Mexico, the first sale held under President Donald Trump’s second term. Energy companies offered ...
FLORIDA, USA — Florida lawmakers from both sides of the aisle are pushing back on new initiatives by the Trump administration for offshore oil drilling off the state's Gulf coast. In a direct letter ...
WASHINGTON – President Donald Trump proposed Thursday a five-year plan that would open about 1.27 billion acres to oil and gas exploration and hold seven lease sales off Louisiana’s Gulf coast, ...
The Trump administration proposed Thursday to open up new oil and gas drilling off the coast of California, a move that had already been denounced by Gov. Gavin Newsom (D). The administration also ...