Lease Sales

Source: World Oil

Court upholds 2022 offshore oil and gas lease sales following Biden’s “unlawful” leasing ban

World Oil


(WO) – Western Energy Alliance won a significant victory in court last Friday as the U.S. District Court for the District of Columbia upheld the first offshore oil and gas lease sales of the Biden administration, held in …

Source: Reuters

Department of the Interior proposes second offshore wind auction in Gulf of Mexico

World Oil


(WO) — The Department of the Interior announced its proposal for a second offshore wind energy auction in the Gulf of Mexico. The proposed lease sale includes four areas offshore Louisiana and Texas, totaling 410,060 acres, which the …

Source: Reuters

Hess and Oxy emerge as top winners in Gulf of Mexico oil lease sale

World Oil


(Bloomberg) — Hess Corp. was the high bidder in a U.S. auction for drilling rights in the Gulf of Mexico, which raised a total of $382 million from oil giants before the Biden administration imposes a two-year hiatus …

Source: World Oil

NOIA president urges congressional action in response to Gulf of Mexico Lease Sale 261

World Oil


(WO) — In a pivotal moment for American energy policy, National Ocean Industries Association (NOIA) President Erik Milito emphasizes the urgency of Congressional intervention following the conclusion of Gulf of Mexico Lease Sale 261. Milito issued the following …

Source: Reuters

US kicks off a spate of oil and gas auctions just as COP28 gets underway

Nasdaq


The Biden administration on Tuesday will auction off 35,000 acres (14,164 hectares) of land in Wyoming to oil and gas drillers, the first in a series of such sales that will coincide with a United Nations’ conference aimed at …

Source: World Oil

BOEM reschedules Gulf of Mexico lease sale 261 for third time after court order

World Oil


(WO) — As a result of the order issued by the United States Court of Appeals for the Fifth Circuit on Nov. 14, 2023, the Bureau of Ocean Energy Management (BOEM) has scheduled Lease Sale 261 for Dec. …

Source: Reuters

Biden administration ordered to sell Gulf of Mexico oil leases next month

World Oil


(Bloomberg) — A federal appeals court ordered the Biden administration to sell drilling rights in the Gulf of Mexico within 37 days, a defeat for environmentalists who argued oil leasing and development in the region imperil a critically …

Source: Oil Price

Western banks to miss out on African oil boom

Oil Price


When the Ugandan and Tanzanian governments announced the East African Crude Oil Pipeline project, it elicited very different reactions. Some cheered the news that would add Uganda to the world’s oil producer club and move its crude to …

Source: Reuters

Biden administration to hold first offshore wind lease sale in Gulf of Mexico

World Oil


(WO) — The Department of the Interior will hold the first-ever offshore wind energy lease sale in the Gulf of Mexico, advancing the Biden-Harris administration’s work to deploy 30 gigawatts (GW) of offshore wind energy by 2030. The …

July 20, 2023 - 3:00 pm Closing Bell Story‎, Energy News, Lease Sales, Offshore, Wind
Source: Reuters

Biden administration blocks activist bid to reduce oil, gas production from federal land

World Oil


(Bloomberg) – The Biden administration has formally rebuffed a bid by environmental activists to phase down oil and gas production on federal lands and waters, marking its latest nod to the endurance of fossil fuels in a warming …

Source: Reuters

Biden plans September restart of oil leases, per court ruling

World Oil


WASHINGTON (Bloomberg) –The Biden administration moved Tuesday to resume selling oil and gas drilling rights in the Gulf of Mexico and throughout the western U.S., after a judge ruled the president’s leasing pause was unlawful.

The Interior Department

Source: Reuters

Trump administration delays big Wyoming oil and gas lease sale

Energyworld.com


The US Bureau of Land Management, which oversees the federal government’s leasing program, had previously delayed sales in Utah, Mississippi, Nevada and Colorado expected this month, as well as a major sale in New Mexico in late May

The …