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, Shell and Chevron were among 30 companies that submitted bids totalling $371.8mn for oil and gas drilling rights in the ...

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

Oil companies have offered $279 million for drilling rights in the Gulf of Mexico in the first offshore lease sale in the ...

The Bureau of Ocean Energy Management’s first auction of new oil and gas leases in the Gulf of America under the Trump administration drew fewer bids than those seen during the Biden administration.

An estimated 30 billion barrels of oil are beneath those waters.

The Trump administration is holding the first oil and gas drilling rights auction in the Gulf of Mexico since 2023, testing ...

Thirty oil companies, including Chevron, Shell and BP, paid the United States Department of the Interior around $279 million ...

BP, Chevron, and Shell led the bids in the U.S. government's first oil and gas lease auction in the Gulf of Mexico since 2023 ...

The auction didn’t top 2023 results, but BP and Chevron helped bring in more money than many offshore lease sales over the ...

The U.S. government is offering 81.2 million acres in the Gulf of Mexico at a royalty rate of 12.5%, the lowest permitted by Trump's new tax law. Previously, oil companies were required to pay a ...