A unit of BP Plc was the high bidder in a US auction for oil and gas drilling rights in the Gulf of Mexico, the first sale ...

BP, Shell and Chevron were among 30 companies that submitted bids totalling $371.8mn for oil and gas drilling rights in the ...

The revised total for winning bids in this month’s Gulf of Mexico lease sale was about $21 million more than initially ...

Oil companies have offered $279 million for drilling rights in the Gulf of Mexico in the first offshore lease sale in the ...

During his remarks to military leaders at Marine Corps Base Quantico several weeks ago in late September, Donald Trump ranted ...

Florida's top elected officials, all Republicans, say they will work to stop the Trump administration's plan to open new areas in the eastern Gulf of Mexico to oil drilling.

Dec 10 (Reuters) - The Trump administration will hold ‌the ​government's first sale of oil ‌and gas drilling rights in the ...

President Trump made a similar proposal in his first term, but after facing political pushback, reversed himself and expanded a drilling ban.

The auctions mark a shift from the Biden administration, which sought to reduce offshore drilling as part of a plan to move toward clean energy sources.

Oil and gas companies spent $300 million in bids on more than 1 million acres, a decline of around 27% compared to the last ...