Saturday, August 8, 2026
Oil drillers shrug off Trump's U.S. Arctic wildlife refuge auction- oil and gas 360

Oil drillers shrug off Trump’s U.S. Arctic wildlife refuge auction

Reuters The Trump administration on Wednesday found few takers at its sale of drilling leases in a pristine Arctic wildlife refuge, with an Alaska state agency emerging as the sole bidder for most of the acreage sold. The sale, which generated around $14.4 million in high bids, marked a rejection by the oil and gas industry of one of President

Exclusive: BP gives Caribbean refinery more time to hit operating targets - sources- oil and gas 360

Exclusive: BP gives Caribbean refinery more time to hit operating targets – sources

Reuters NEW YORK – BP Plc has given the operator of a Caribbean refinery more time to fully restart and retain its crude oil supply agreement after the plant failed to hit operating targets last year, according to people familiar with the matter. Last month, BP threatened to walk away from a 2018 agreement to supply up to 200,000 barrels