14 companies bid for western Gulf leases
Federal officials on Wednesday will open sealed bids from 14 companies vying for new oil and gas leases in the western Gulf of Mexico.
View ArticleNortheast carbon auctions reach $1.8 billion
The nine Northeastern and Mid-Atlantic states participating in the Regional Greenhouse Gas Initiative use the revenue to fund energy efficiency, renewable energy, consumer utility bill assistance, and...
View ArticleOffshore auction tests industry’s appetite amid slumping prices
Just 35 companies are participating in the government auction of Gulf of Mexico drilling rights -- down from 50 a year ago and 56 in a similar March 2013 auction -- suggesting that lower oil prices may...
View ArticleFeds collect millions in Gulf oil drilling sale, despite falling prices
Slumping oil prices tempered some of the industry's enthusiasm for new drilling rights in the Gulf of Mexico -- but not much.
View ArticleMexico’s energy regulators are hopeful the crude crash won’t spoil their...
Mexican energy regulators on Tuesday expressed confidence that low oil prices won't suppress activity as the country auctions exploration and production rights for the first time in more than 75 years.
View ArticleCERAWeek: Mexico’s bidding rounds continue despite crude collapse
Thirty-four companies had signed on to the first auction organized by the state, said Lourdes Melgar, Mexico's deputy secretary of energy for hydrocarbons at the Ministry of Energy.
View ArticleOffshore oil auction draws low interest
Just five oil and gas companies submitted sealed bids for western Gulf of Mexico acreage, ahead of Wednesday's auction in New Orleans.
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