The Obama administration will temporarily ban the sale of new offshore oil drilling leases in the eastern Gulf of Mexico and off the Atlantic coast, Interior Department Secretary Ken Salazar said Wednesday, a policy change made…
The Obama administration will temporarily ban the sale of new offshore oil drilling leases in the eastern Gulf of Mexico and off the Atlantic coast, Interior Department Secretary Ken Salazar said Wednesday, a policy change made…
In an announcement sure to please environmentalists but anger oil companies, White House officials are expected today to ban offshore oil drilling in the eastern Gulf of Mexico.
Continue reading White House Exp…
In an announcement sure to please environmentalists but anger oil companies, White House officials are expected today to ban offshore oil drilling in the eastern Gulf of Mexico.
Continue reading White House Exp…
Exxon Mobil Corp. (XOM) sold nine U.S. Gulf of Mexico oil and natural gas stakes to Energy XXI in a deal worth $1.01 billion.
The assets produce about 20,000 net barrels of oil a day, The Wall Street Journal said. They contain net proved and probable…