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.
Tight supply conditions also characterize the offshore service vessel ... if we witness another downdraft in oil prices. Borr Drilling acquired multiple rigs close to the bottom of the cycle ...
After proposing a major expansion in offshore drilling early in his first term ... Kloza noted there are plenty of existing offshore rigs pumping oil in the Gulf of Mexico and added that offshore ...
The Gulf accounts for 97 percent of all offshore oil and gas production in the ... and worst-case-scenario discharges, and all drilling platform designs and materials must undergo certification ...
The president’s measure only outlaws new drilling; existing rigs are unaffected ... allow energy companies to expand offshore drilling where most of the oil is — and continue their current ...
Sable’s plan — to resume drilling at three offshore platforms and pump oil through a buried pipeline running for miles up the coast — is reopening old wounds in this winsome seaside city.
WASHINGTON — President Joe Biden is moving to ban new offshore oil and gas drilling in most U.S. coastal waters, a last-minute effort to block possible action by the incoming Trump ...