MARKETS

US Judge cancels GOM Lease Round 257 acreage permits

THE United States Department of Interior has said it is reviewing a decision by Judge Rudolph Contreras from the District Court for Columbia that has today cancelled 80 million acres of Gulf of Mexico acreage for oil and gas operators.

File photo: Chevron assets in the GOM

File photo: Chevron assets in the GOM

The decision was handed down in a lawsuit initiated by environmental activist group EarthJustice; lawyers for which claim approvals were given on faulty climate change disclosure and risk assessment practises. ...

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A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

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