The New Oil - Search News

Biden to ban offshore oil, gas drilling in vast areas

The New York Times · 4d

Biden Bans New Oil and Gas Drilling Along Most U.S. Coasts

The ban affects the entire Eastern Seaboard, the Pacific Coast along California, Oregon and Washington, the eastern Gulf of Mexico and the Northern Bering Sea.

FOX News on MSN · 4d

Trump plans to 'immediately' reverse Biden's 'ridiculous' ban on new oil and gas drilling along US coast

President-elect Donald Trump said he will "unban" President Biden's executive order blocking new oil and gas drilling across U.S. coastal and offshore waters.

Bloomberg L.P. · 6d

Biden to Ban New Oil Drilling Over Vast Stretch of US Atlantic, Pacific Waters

President Joe Biden is set to order a ban on new offshore oil and gas development across some 625 million acres of US coastal territory, ruling out the sale of drilling rights in Atlantic and Pacific waters as well as the eastern Gulf of Mexico.

Shell Starts Oil Output at New Gulf of Mexico Field

Bloomberg L.P. · 23h

Shell Starts Oil Output at New Gulf of Mexico Field With Chevron

Shell Plc began production at its ‘Whale’ floating facility in the Gulf of Mexico, which is expected to reach daily peak production of 100,000 barrels of oil equivalent.

Shell begins oil production at floating Gulf of Mexico facility

The new Whale development is up and running following President Joe Biden’s drilling ban along much of the U.S. coastline.

Oilfield Technology · 7h

Chevron bolsters US Gulf of Mexico production with whale facility startup

Chevron Corp. has announced the start of oil production from the Whale semi-submersible platform in the deepwater US Gulf of Mexico. Chevron USA Inc., a wholly owned subsidiary of Chevron Corporation,

2h

Biden hits Russian oil in toughest sanctions yet in bid to give Ukraine, Trump leverage

The Biden administration on Friday imposed its broadest package of sanctions yet targeting Russia's oil and gas revenues in ...

Hosted on MSN1h

This Penny Oil Stock Keeps Tearing Higher. Is It a Buy, Sell, or Hold for 2025?

By their very nature, penny stocks are volatile and marked by sharp price movements that test an investor’s temperament.

3d

Russia’s oil future dims as US mulls new sanctions

The latest U.S. sanctions on Russian oil are rumored to be expansive, encompassing two Russian oil companies and more than ...

1h

Biden admin imposes harsh sanctions on Russian oil industry to cut off funding for Ukraine war effort

The Biden administration on Friday targeted Russia’s energy sector, including its oil industry, with some of its harshest ...

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