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The allocation is part of a total of $250 million provided through the Bipartisan Infrastructure Law.

The U.S. Department of the Interior (DOI) has posted an update.

The areas to be auctioned have the potential to power almost 1.3 million homes with renewable energy.

'This transaction signifies an important stride for Dolphin Drilling'.

The 2.6-gigawatt CVOW project will generate enough clean, renewable energy to power up to 660,000 homes once fully constructed in late 2026.

Oil and gas industry players should not rely solely on carbon capture, utilization, and storage technology to meet low carbon targets, the agency said.

Donald Trump is the oil and gas industry's undisputed top pick for the Republican presidential nomination.

The gas carrier reported $172.44 million in net income for the 12 months to March 2023.

DORIS has secured a contract to perform SPS and SURF concept engineering for Repsol's Block 29 development.

'Doubts around a shale response to high prices have re-emerged as the rig count has fallen'.