Gulf of Mexico oil lease sale number 259 held on Wednesday attracted $264 million in bids for drilling rights in an area estimated to hold nearly 30 billion barrels of oil, with Chevron coming in with the highest bids
The banking crisis that started with the failure of Silicon Valley Bank (SVB) is putting major U.S. LNG projects at risk, as rising interest rates and supply chain issues introduce financial challenges that have already led to delays.