lease sale

WASHINGTON–The U.S. Interior Department Thursday finalized plans to lease new tracts in the Gulf of Mexico and off the Alaska coast for offshore oil and

HOUSTON–U.S. Interior Secretary Ken Salazar said Wednesday that the first lease sale in the central U.S. Gulf of Mexico since the Deepwater Horizon oil

NEW ORLEANS — The Obama administration today announced that the Department of the Interior’s Bureau of Ocean Energy Management (BOEM) will hold the

NEW ORLEANS (Dow Jones)–The U.S. oil-and-gas industry took another step out from the shadows of the Deepwater Horizon disaster on Wednesday when federal

  HOUSTON (Dow Jones)–ConocoPhillips’s (COP) $103.2 million offer for the Keathley Canyon Block 95 was the highest bid in the first U.S. Gulf

WASHINGTON (Dow Jones)–Environmental groups are challenging the first auction of oil-drilling leases to be held in the Gulf of Mexico since the Deepwater

(Dow Jones) The Obama administration proposed a moderate expansion of offshore drilling Tuesday, revealing a five-year plan that represents the first blueprint

By Tennille Tracy, The Wall Street Journal WASHINGTON—The U.S. has decided to allow BP PLC to bid on new oil-drilling leases that go up for sale in the