Published 2 months ago

Biden administration to release long-awaited offshore oil plan Friday

The U.S. Interior Department will release its five-year offshore oil drilling plan on Friday, finally ending the delays in the schedule.
The plan is expected to include auctions for oil and gas drilling rights in the Gulf of Mexico and Alaska, sparking debates on the future of offshore drilling.
The eagerly awaited plan is highly anticipated by stakeholders from the oil and gas industry.

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Reuters

UPDATE 2-US to release 5-year offshore oil drilling plan Friday -official

The U.S. Interior Department will release its highly anticipated five-year offshore oil drilling plan on Friday, U.S. Deputy Secretary of the Interior Tommy Beaudreau told a Senate committee on Thursday.

2 months ago·United Kingdom

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The Hill

Biden administration to release long-awaited offshore oil plan Friday

The Biden administration will release on Friday its long-awaited plan that maps out the next five years of offshore drilling, a top official said. “We’ll be publishing the five-year program tomorrow,” Deputy Interior Secretary Tommy Beaudreau said in response to questions from Sen. Bill Cassidy (R-La.) during a Senate hearing Thursday. “The program is definitely informed…

2 months ago·Washington, United States

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Financial Post

Biden Defies Environmentalists by Selling Offshore Oil Drilling Rights

(Bloomberg) — The Biden administration is charting plans to sell offshore oil drilling rights in the Gulf of Mexico over the next five years, despite objections from environmentalists who argue the move would be disastrous for the climate.

2 months ago·Canada

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WTVB

Exclusive-Biden’s 5-year offshore oil plan will have historically low lease sales, no sales in 2024 -sources

By Jarrett Renshaw and Nichola Groom (Reuters) - The Biden administration's five year oil and gas lease plan to be released on Friday will not include any sales in 2024 and will total the lowest number of auctions in the history of the lease program, according to three sources familiar with the plan. (Reporting By Jarrett Renshaw; Editing by Chris Reese)

2 months ago

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