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Federal Leasing Costs Hiked Under Democrats’ New Inflation and Climate Bill
2022-08-04 - Even window shopping for acreage, or submitting an official expression of interest in an area for potential auction by federal land authorities, would carry a $5 per acre cost if the bill is passed.
Biden Administration to Hold First Onshore Oil, Gas Lease Sale
2022-06-28 - The BLM lease sales will run June 29-30 and will cover more than 140,000 acres across eight Western states, posing a test of the oil and gas industry's demand for new prospects at a time of soaring global energy prices.
Ukraine Attacks Crimean Oil-drilling Platform for Second Time in a Week
2022-06-27 - Last week, a Ukrainian strike forced the suspension of work on three platforms.
Macron Tells Biden that UAE, Saudi Can Barely Raise Oil Output
2022-06-28 - Saudi Arabia and the UAE have been perceived as the only two countries in OPEC with spare capacity to boost global deliveries that could reduce prices.
US Envoy Expected to Visit Beirut Next Week Over Israel Gas Dispute
2022-06-07 - Due to a maritime border issue with Israel, U.S. envoy Amos Hochstein is expected to visit the country to discuss the issue.