Oil companies are growing increasingly cautious on spending on production growth amid concerns about an oversupplied market and oil prices lower than at last year’s levels…
Federal Judge in Alaska Holds Up Offshore Drilling Plans for the Rest of the Country…
A federal judge Friday vacated President Donald Trump’s order to revoke a ban on oil and gas exploration in federal waters in the Arctic and Atlantic oceans. Former President Barack Obama unilaterally enacted the bans near the end of his second term. Obama used powers under a 1953 law over offshore drilling to block oil […]
Trump Administration to Open 90% of U.S. Offshore to Leasing and Roll Back Obama-Era Drilling Regulations…
The plan is to open almost everything in the 2019-2024 OCS Oil and Gas Leasing Program, with Eastern Gulf leasing beginning when the Congressional moratorium expires after 2022…
Trump Administration Grants Permit for Oil Company to Explore Drilling in Acrtic Ocean…
The Trump administration on Tuesday approved an oil company’s request to drill an exploratory well on a man-made artificial island in the Arctic Ocean. The Bureau of Safety and Environmental Enforcement granted a permit for Italian oil company Eni SpA to drill an exploratory well in the Beaufort Sea to test production conditions there, the […]
Obama Administration Approved Gulf Fracking During Deepwater Horizon Disaster…
From 2010 to October 2014, the Obama administration approved more than 1,500 permit applications for offshore drilling plans that included fracking…