Oil and gas companies spent $300 million in bids on more than 1 million acres, a decline of around 27% compared to the last ...

A unit of BP Plc was the high bidder in a US auction for oil and gas drilling rights in the Gulf of Mexico, the first sale ...

BP, Woodside, and Chevron topped the charts in the Gulf Auction, raising $279M. This landmark sale highlights continued ...

The auctions mark a shift from the Biden administration, which sought to reduce offshore drilling as part of a plan to move toward clean energy sources.

Dec 10 (Reuters) - BP, Chevron and Shell were among the top winners on Wednesday at the U.S. government's first sale of oil ...

The U.S. government's latest oil and gas drilling rights auction in the Gulf of Mexico garnered $279.4 million in high bids, ...

Companies offer $279 million for Gulf of Mexico drilling rights in first of 30 planned oil salesBy MATTHEW BROWN and MATTHEW ...

Auction of oil and gas drilling rights in the Gulf of America for the first time since 2023 was held Wednesday in New Orleans ...

BP, Chevron, and Shell were the top bidders at the first U.S. Government sale of oil and natural gas drilling rights for the ...

On Wednesday, the Trump administration will conduct the first government sale of oil-and-gas drilling rights in Gulf of Mexico?since 2023.