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EXPLORATION

Biden cancels March federal GOM acreage sale

THE Biden administration has cancelled the upcoming March Oil and Gas Lease Sale in the Gulf of Mexico, as part of its broader efforts to curb oil and gas development in federal lands in a bid to tackle climate change.

Mark Tilly
Millions of acres waved goodbye

Millions of acres waved goodbye

The Bureau of Ocean Energy Management announced on Friday that its rescinding of the Record of Decision for the Gulf of Mexico Lease 257 was in response to Biden's executive order directing the Secretary...

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