Chevron Corporation CVX reinforced its long-standing commitment to the Gulf of Mexico with a strong performance in the latest U.S. offshore oil and gas lease sale, totaling $279 million in winning ...
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First of 30 oil lease sales planned for Gulf of Mexico draws $279 million in bids from companies
WASHINGTON (AP) — Oil companies offered $279 million for drilling rights in the Gulf of Mexico on Wednesday in the first of 30 sales planned for the region under Republican efforts to ramp up U.S.
First Gulf oil and gas lease sale since 2023 drew 219 bids across 1.02 million acres. Auction held under Trump’s One Big Beautiful Bill Act, mandating 30 offshore sales in 15 years. High bids totaled ...
Two upcoming Gulf auctions will offer 80 million acres each for offshore drilling. Trump administration‘s plan reverses Biden-era restrictions on lease sales. Environmental groups sued to block the ...
WASHINGTON -- Oil companies offered $279 million for drilling rights in the Gulf of Mexico on Wednesday in the first of 30 sales planned for the region under Republican efforts to ramp up U.S. fossil ...
WASHINGTON — Oil companies offered $300 million for drilling rights in the Gulf of Mexico on Wednesday in the first of 30 sales planned for the region under Republican efforts to ramp up U.S. fossil ...
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