President Biden is taking executive action to protect more than 625 million acres of the American ocean from offshore drilling, the White House announced early Monday. The move to ban new offshore ...

President Biden announced an 11th-hour executive action on Monday that bans new drilling and further oil and natural gas development on more than 625 million acres of U.S. coastal and offshore waters.

Jan 7 (Reuters) - U.S. President-elect Donald Trump said on Tuesday he will move quickly to revoke an offshore oil and gas drilling ban announced by outgoing Democratic President Joe Biden.

President Joe Biden has banned future offshore oil and gas drilling along much of the US coastline - weeks before Donald Trump takes office. The action will not have any impact on large parts of ...

Donald Trump has vowed to reverse the move, but that could prove difficult. President Joe Biden is making a sweeping move to ban all future offshore oil and natural gas drilling on America's East ...

WASHINGTON — President Biden on Monday banned offshore oil and gas drilling along most of America’s coast — with President-elect Donald Trump’s transition team calling it “political ...

President Joe Biden will move Monday to block all future oil and gas drilling across more than 625 million acres of federal waters — equivalent to nearly a quarter of the total land area of the ...

He also invoked the 2010 Deepwater Horizon oil spill in the Gulf of Mexico, saying the low drilling potential of the areas included in the ban did not justify the public health and economic risks ...

Donald Trump's spokeswoman has said that President Joe Biden's move to ban new offshore oil and gas drilling in most U.S coastal waters is "disgraceful." "This is a disgraceful decision designed ...

Cabinda Gulf Oil Co. Ltd. (CABGOC), Chevron’s subsidiary in Angola, achieved first gas on the Sanha Lean Gas Connection (SLGC) project offshore Block 0 adjacent to the Cabinda... The rig count ...

Installing underground utility lines is no longer the hassle they were decades ago, thanks to Horizontal Directional Drilling (HDD). With this process, yards remain untouched, traffic flows ...

HAMILTON, Bermuda, Dec. 23, 2024 /PRNewswire/ -- Borr Drilling Limited ("Borr Drilling" or the "Company") (NYSE: BORR) (OSE: BORR) initiated a share repurchase program on December 13, 2024 to ...