Thirty companies submitted bids, including industry giants Chevron, Shell and BP, federal officials said. The total amount of ...

The first sale of oil and gas drilling leases in the Gulf of Mexico since 2023, and the first of 30 sales mandated by the tax ...

Environmentalists said the fossil fuel sales would put wildlife in the Gulf at an higher risk of dying in oil spills. Spills ...

Thirty oil companies, including Chevron, Shell and BP, paid the United States Department of the Interior around $279 million ...

This sale generated $279.4m in high bids for 181 blocks located within 80 million acres of federal waters in the GoM.

Gulf states will get a new boost in shared revenue from offshore oil and gas leases, the Department of the Interior announced Tuesday. The Trump administration has raised the cap on how much states ...

'Offshore oil and gas production does not happen overnight - it takes years of planning, investment, and hard work before barrels reach the market', U.S. Secretary of the Interior Doug Burgum said.

U.S. President Donald Trump's administration on Tuesday unveiled a comprehensive schedule to hold more than 30 offshore oil and gas lease sales in the Gulf of Mexico and Alaska's Cook Inlet over the ...