Oil companies offered $300 million for drilling rights in the Gulf of Mexico, marking the first of 30 planned sales under Republican efforts to boost U.S. fossil fuel production.
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First of 30 oil lease sales planned for Gulf of Mexico draws $279 million in bids from oil companies
Oil companies offered $279 million for drilling rights in the Gulf of Mexico on Wednesday in the first of 30 sales planned ...
The auctions mark a shift from the Biden administration, which sought to reduce offshore drilling as part of a plan to move toward clean energy sources.
The average fuel price in the Gulf Coast region declined about 11 cents since last month. According to the EIA, gas prices across the region in the last year have been as low as $2.49 on Dec. 8, 2025, ...
Gulf airports are turning into clean-energy producers, from massive solar fields to off-grid terminals and early SAF supply, ...
Revenues generated from offshore energy activities provide funding for the U.S. Treasury, Gulf Coast states like Mississippi, the Land and Water Conservation Fund, and the Historic Preservation Fund.
A Texas refinery that supplies green fuel to US airlines has been purchasing animal fat from cattle raised on illegally cleared lands in the Amazon rainforest, according to a Reuters review of ...
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Eni Secures 10-Year LNG Deal With Thailand’s Gulf Development Company
Eni has strengthened its push into Asian LNG markets with a new 10-year sales agreement that will deliver 0.8 million tons ...
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