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 ...

The revised total for winning bids in this month’s Gulf of Mexico lease sale was about $21 million more than initially announced. The first Gulf of Mexico oil and gas lease sale of the second Trump ...

Oil companies offered $300 million for drilling rights in the Gulf on Wednesday in the first of 30 sales planned for the region under Republican efforts to ramp up U.S. fossil fuel production.The sale ...

'The strong bidding we saw today reflects sustained industry confidence in the long-term potential of the U.S. outer continental shelf'. Britain's BP PLC and the United States' Chevron Corp and Murphy ...

The auction didn’t top 2023 results, but BP and Chevron helped bring in more money than many offshore lease sales over the last 15 years. An auction of U.S. offshore oil and gas leases brought in more ...

Trump’s first Gulf of Mexico lease sale drew nearly $300 million in bids, with the highest price per acre in eight years. The administration’s plan for 30 offshore lease sales through 2040 reassured ...

WASHINGTON (AP) — 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.

One of the most anticipated sales of the year just happened, but we're not talking about Happy Honda Days. Thirty energy companies on Wednesday made more than 200 bids for space in the Gulf of Mexico ...

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 ...