US Will Revise Biden-Era Offshore Oil and Gas Bonding Rule (Reuters) -The Trump administration will revise a Biden-era rule that required the oil and gas industry to provide nearly $7 billion in ...

A federal court has granted the American Petroleum Institute’s request to scrap its lawsuit challenging the Biden administration’s five-year plan for offshore oil and gas development.

in 1992. The vessels, renamed Chris V, Shelby C and Lauren E, respectively, are being placed into immediate service in the U.S. Gulf offshore oil patch. Aries Marine already has one vessel under ...

Most new oil and gas projects in 2024 were located offshore, where spills can be hard to detect. Researchers at the nonprofit ...

The American Petroleum Institute wants to halt legal action now that the Interior Department is developing new plans for fossil fuel development. The American Petroleum Institute is asking to drop ...

WASHINGTON (Reuters) - The U.S. Interior Department said on Thursday it has implemented new guidelines for allowable pressure differences in a certain type of oil drilling in part of the Gulf of ...