'Under the new rule, BOEM estimates industry will be required to provide $6.9 billion in new financial assurances to protect American taxpayers from assuming industry decommissioning costs'.
Diamondback Energy borrowed $5.5 billion in the U.S. investment-grade market to partly help fund its $26 billion takeover of Endeavor Energy Resources.
'Stakeholders in the UK offshore sector will be asked to commit to a set of principles to help the sector achieve the energy transition through digitalization'.