Gulf Of Mexico Oil And Gas News 2025 Usa. Oil companies hold about a dozen leases in the eastern gulf of mexico and roughly 30 in federal waters near southern california, where the last lease sale was held in 1984. Biden said he is using authority under the federal outer continental shelf lands act to protect offshore areas along the east and west coasts, the eastern gulf of mexico and portions of alaska's.

Ineos energy has today announced the acquisition of the gulf of mexico business held by cnooc energy holdings u.s.a. “president biden’s decision to ban new offshore oil and natural gas development across approximately 625 million acres of us coastal and offshore waters is significant and.