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BOEM Announces Next Steps in Leasing Program

The U.S. Bureau of Ocean Energy Management announced the next steps in the national outer continental shelf oil and gas leasing program.

Department of energyDistrict of columbiaUnited statesWhite houseErik militoBureau of ocean energy managementDepartment of theNational environmental policyGulf of mexico program areaNational outer continental shelf oilGas leasing programUs bureau of ocean energy managementNational ocean industries associationDepartment of the interiorOcean energy managementArea identification

US: BOEM announces next steps in National Outer Continental Shelf Oil and Gas Leasing Program

US: BOEM announces next steps in National Outer Continental Shelf Oil and Gas Leasing Program
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Biden admin finalizes most restrictive offshore oil drilling plan in US history

The Department of the Interior on Friday published a finalized oil and gas plan that includes the fewest number of offshore lease sales ever proposed in U.S. history.

United statesRhode islandJoe manchinSenate energyBureau of ocean energy managementNatural resources committeeOcean energy managementPacific oceansPresident bidenNatural resources committee chairman joe manchinContinental shelf lands actOffshore oilGas lease salesOffshore windOil and gas leasesGulf of mexico

U S Oil Drillers See More Gains As OPEC+ Agrees to Cut Production

The total number of active drilling rigs in the United States rose by 3 this week after rising by 4 last week, according to new data that Baker Hughes published Friday.

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ECB Rate-Cut Expectations Soar After EU Inflation Cools More Than Expected

ECB Rate-Cut Expectations Soar After EU Inflation Cools More Than Expected
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United statesSweden doubles down on nuclear energyVenezuela invasion plans put oilRenewables industryClimate summit to push oilMichigan governor signs clean energy packageEnergy transition strategyAgreement to deepen oil productionTraders cut bullish bets on oilHydrogen planesBad weather continues to disrupt russia oilUs crude oilCritical minerals auctionUs launches oilOil kneejerks on freshGovernment energy transition plan