Friday, December 20, 2024
U.S. judge voids 80 million acres of offshore oil and gas leases- oil and gas 360

U.S. judge voids 80 million acres of offshore oil and gas leases

World Oil WASHINGTON (Bloomberg) –The sale of offshore oil and gas leases on more than 80 million acres in the Gulf of Mexico was canceled by a U.S. judge who ordered regulators to take a harder look at the impact on climate change. U.S. District Judge Rudolph Contreras in Washington vacated the lease sale in a 67-page decision, issued Thursday.

Biden, EU pledge cooperation on energy security amid Russia threat- oil and gas 360

Biden, EU pledge cooperation on energy security amid Russia threat

Nasdaq WASHINGTON, Jan 28 – U.S. President Joe Biden and his European Union counterpart Ursula von der Leyen on Friday pledged to cooperate on guaranteeing Europe’s energy security as well as Ukraine’s amid the standoff triggered by Russia amassing troops at Ukraine’s border. “The United States and the EU are working jointly towards continued, sufficient, and timely supply of natural