World Oil (WO) — The Department of the Interior announced its proposal for a second offshore wind energy auction in the Gulf of Mexico. The proposed lease sale includes four areas offshore Louisiana and Texas, totaling 410,060 acres, which the department claims has the potential to power 1.2 million homes. With the proposed sale, BOEM is seeking feedback on various
By Tyler Losier, Energy Reporter, Oil & Gas 360 Liberty Oilfield Services appoints Gale Norton to its board of directors Gale Norton, former secretary of the interior for the George W. Bush White House, will be joining Liberty Oilfield Services (stock ticker: LBRT) as a member of its board of directors. Additionally, she has been appointed as the chair of
Polar Pioneer was the Focus of Protests Just Months Ago Royal Dutch Shell (ticker: RDS.B) delivered some bad news for Transocean (ticker: RIG) as companies returned to their respective offices following an extended Christmas weekend. According to a RIG press release, Shell elected to cancel its contract for the Polar Pioneer rig, which was originally scheduled to expire in July
The U.S. Department of the Interior announces new guidelines for hydraulic fracturing on federal land Earlier today, the Department of Interior (DOI) released a final rule to update regulations governing hydraulic fracturing on public and American Indian lands after four years of consideration. Secretary of the Interior Sally Jewell commented, “Many of the regulations on the books at the Interior
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