This isn't the first time President Trump has sought to reverse drilling bans. As he learned in his first term, it won't be easy.
Despite President Donald Trump’s calls to "drill, baby, drill,” many oil companies operating in the Gulf will likely sit on ...
But the ban had one glaring omission: It didn’t include the western Gulf of Mexico, where the country extracts most of its offshore oil. Reader support makes our work possible. Donate today to ...
Kloza noted there are plenty of existing offshore rigs pumping oil in the Gulf of Mexico and added that offshore projects typically take 6-8 years to come online. “I don’t see it as having any ...
President-elect Donald Trump said that when he takes office he will "immediately" reverse President Joe Biden's recent ...
The western and central Gulf of Mexico, where the Whale project is located, was one of the few areas not affected by President Joe Biden’s ban on new offshore oil and gas leasing. The region is ...
“THE FIRST OFFSHORE OIL WELL: First producing offshore oil well out of sight of land was completed Nov. 14, 1947 in the Gulf of Mexico forty-three miles South of Morgan City, Louisiana,” it say ...
Installed in 2,860 feet (871.7 m) of water, the Auger TLP reportedly set a world water-depth record for a drilling and production platform, and surpassed the existing Gulf of Mexico record by more ...
Trump wants to "drill, baby, drill," but undoing Biden's offshore ban will likely require congressional action, and the politics of coastal drilling is complex.
Chevron U.S.A. Inc., a subsidiary of CVX, holds a 40% working interest in the project, while Shell Offshore Inc ... per day in the U.S. Gulf of Mexico by 2026. The Whale platform is expected ...