In a legal setback for fossil fuel advocates, a federal court has invalidated a large offshore oil and gas lease sale in the Gulf of Mexico, ruling Thursday in favor of environmental groups that ...

Pat Bunker was trying to figure out where he was at. It was 1993, and Bunker was looking for the Gulf of Mexico. Really he was just looking for the water. Bunker, a Seattle kid turned Iowa Hawkeye ...

President Biden is using a decades-old law to block drilling for oil in more than 625 million acres of U.S. ocean — the largest region a president has ever protected using this authority.

President Biden is using a decades-old law to block drilling for oil in more than 625 million acres of U.S. ocean — the largest region a president has ever protected using this authority.

In his reasoning, he also invoked the 2010 Deepwater Horizon disaster, in which a drilling rig in the Gulf of Mexico exploded, killing 11 workers and causing the largest oil spill in U.S. history.

Verite News A surprise pitch from a Chicago company with no experience building offshore wind farms has reignited enthusiasm for wind energy development in the Gulf of Mexico. Hecate Energy, a ...

BOEM is waiting to see if more companies propose projects for the two areas, which total about 142,000 acres. The areas differ from the ones BOEM planned to auction in July, but the agency had ...

Offshore wind energy is a major source of power in China, the UK and Germany, but there are only 19 turbines spinning off American shores. But three more projects under construction are on track ...

Lease sales questions. The outlook beyond 2025 is less clear in light of US President Joe Biden’s decision to stage only three lease sales between 2025 and 2029. No lease sales will be held in 2024.

WASHINGTON (AP) — Oil companies offered $382 million for drilling rights in the Gulf of Mexico on Wednesday after courts rejected the Biden administration’s plans to scale back the sale to ...

The latest Gulf of Mexico lease sale raised $382 million in high bids, which made it the largest lease sale for the last eight years, according to Reuters.. The highest bidder in the tender was ...