Sentences with phrase «lease sales»

Part of the problem is that retailers and restaurants often use net lease sales to fuel expansion.

This status quo is held in place by the federal government's five - year leasing plan that excludes the areas in red from lease sales at least through 2017.

Accordingly, all coal lease sales should fully recognize this factor in the valuation of the commodity.

The Company is increasing its forecast for gross capital expenditures from $ 2.9 billion to $ 3.0 billion, primarily reflecting increased contractual lease sales activity.

, then eventually expand production volume and begin regular sales along with lease sales.

The program's administrator would be required to hold at least two lease sales within 10 years after the bill became law.

Later — much later — is likely under the current federal plan, which would keep lease sales from happening until 2017 at the earliest.

We have experts who specialize in specific property types and sectors, net lease sales and corporate finance.

Salazar is also reviewing a rule easing commercial oil shale development; he must decide what federal parcels to offer in pending lease sales in the West; and he will have to decide in the coming months on land - management plans for areas in Colorado and Wyoming that contain valuable resources as well as imperiled species and wilderness habitat.

DOI announced this week it will hold America's second - ever competitive lease sale for offshore wind on the US Outer Continental Shelf (OCS) September 4th, for 112,800 acres in a prime development zone 23.5 miles from Virginia Beach.

The Outer Continental Shelf Lands Act requires the Secretary of the Interior, through BOEM, to prepare and maintain a schedule of proposed oil and gas lease sales in federal waters, indicating the size, timing, and location of auctions that would best meet national energy needs for the five - year period following its approval.

Despite the Koch influence in North Carolina and elsewhere along the Atlantic seaboard (New Jersey is another notorious example), DOI has been forging ahead with a program of lease sales in designated Wind Energy Areas, in waters managed by the Bureau of Ocean Energy Management.

They did not disappear — these two sites will be included in a forthcoming offshore lease sale for another wind energy holdout, South Carolina.

«This is the largest number of lease sales ever proposed for the National [Outer Continental Shelf] Program's 5 - year lease schedule,» the Interior Department said in a statement.

WASHINGTON, DC — As part of President Obama's Climate Action Plan to create American jobs, develop domestic clean energy sources and cut carbon pollution, U.S. Secretary of the Interior Sally Jewell and Bureau of Ocean Energy Management (BOEM) Director Abigail Ross Hopper today announced a proposed lease sale for 122,405 acres offshore North Carolina for commercial wind energy leasing.

Recent federal lease sales have generated a tepid response, said Imran Khan, who leads Wood Mackenzie's commercial valuation team for oil and gas projects in the Gulf of Mexico.

Last December, the state had its second - largest lease sale by acreage and third by dollar amount since 1998, raking in nearly $ 17 million in winning bids on nearly 600 million acres of state lands in the North Slope.

Wildlife advocates asked courts to reverse lease sales on more than 1,300 square miles of land in Montana, Wyoming, Utah and Nevada, according to attorneys involved.

But recent lease sales held by the Department of Interior's Bureau of Land Management (BLM)-- auctioning off huge tracts of the reserve to the oil and gas industry — don't bode well for the future of this important habitat.

If Interior holds more lease sales in lands that were traditionally considered wilderness, it could become nearly impossible to reverse.

Democrats cited the weak results of a recent Arctic lease sale in the National Petroleum Reserve - Alaska (NPR - A).

New Jersey Governor Phil Murphy is asking the federal government to extend the public comment period on proposed new lease sales for offshore wind in the New York Bight, a step that could delay the process for up to six months.

The Proposed Final Program offers 11 potential lease sales in four planning areas — 10 sales in... Read more →

In announcing the sale, the Interior Department compared the targeted waters to «about the size of New Mexico» and said the first lease sales off Texas, Louisiana, Mississippi, Alabama and Florida are scheduled for March next year.

The Obama administration canceled further lease sales off the state's northern coast.

The estimated amount of resources projected to be developed as a result of the proposed region - wide lease sale ranges from 0.21 to 1.12 Bbbl of oil and from 0.55 to 4.42 Tcf.

This should be guided by a forward - thinking regulatory framework that prioritizes regularly scheduled lease sales as necessary to enhance U.S. energy security and maintain America's position as a global energy superpower.

The need for a robust offshore leasing plan remains critically important — and the plan should retain the single Atlantic lease sale that was included in BOEM's draft.

Interior Secretary Ryan Zinke said the draft proposal for offshore leasing between 2019 and 2024 would offer about 90 percent of the U.S. outer continental shelf, the largest lease sale ever.

The lawsuit filed Monday in U.S. District Court seeks to reverse lease sales across 475 square miles (1,230 square kilometers) in Montana, Wyoming, Utah and Nevada.

To date, BOEM has awarded 11 commercial offshore wind leases, including nine through the competitive lease sale process (two offshore New Jersey, two in an area offshore Rhode Island - Massachusetts, another two offshore Massachusetts, two offshore Maryland and one offshore Virginia).

Under the terms of a landmark tax reform bill, which opened the door for drilling in ANWR, Interior's Bureau of Land Management (BLM) must hold at least two lease sales before December 2024 (E&E Daily, Dec. 20, 2017).

While mining can continue under existing leases, and the pause will likely have minimal impact as interest in leasing has declined with many government lease sales only having a single bidder, it sends a clear signal regarding administrative assassination.

No later than January 1, 2016, the Secretary of the Interior shall hold no less than 5 separate commercial lease sales in areas considered to have the most potential for oil shale development, as determined by the Secretary, in areas nominated through public comment.

In May 2010, as oil continued to gush into the Gulf from BP's Deepwater Horizon disaster, President Obama canceled a pending lease sale that would have opened Virginia's coastline to the dangers of offshore oil drilling.

This ongoing analysis will inform decisions about the configuration of the Beaufort Sea planning area lease sale, as well as any specific mitigation measures that may be appropriate.

President Donald Trump's plan to open America's oceans to petroleum drilling drew condemnation from West Coast and Florida governors but was welcomed in the state where most lease sales could be held.

In 2016, oil industry giant ConocoPhillips acquired 594,972 acres in the reserve in a single lease sale.

The US Department of the Interior announced the first offshore wind energy lease sale earlier this month.

Currently, important attention is rightfully given to the Dec. 2017 congressional passage of far - reaching tax legislation that included provisions for the initial approval of federal mineral lease sales for oil and gas exploration and extraction in the coastal plain ecosystem of ANWR.

The expectation of future inflation will also reduce the value paid for oilsands leases, although lease sales are not as frequent as they once were.

Under former President Barack Obama, the Interior Department delayed lease sales on millions of acres of public...

Few conservation groups reacted to Interior's announcement Tuesday, although several had called the unprecedented lease sale «a terrible idea» when Zinke first discussed it this spring.

The Department of the Interior's Proposed Final Outer Continental Shelf Oil and Gas Leasing Program (Program), 2012 to 2017, introduces several enhancements to the Alaska OCS lease sale process.

An oil and gas lease sale allows qualified bidders to compete for exclusive rights to explore blocks in federal waters off Alaska.

«All you have to do is look back to the last lease sale the state of Alaska held,» he said.

Honda will begin lease sales in Japan of this all - new Clarity Fuel Cell in March 2016.

This lawsuit is one of two filed this week to safeguard the Western Arctic from the irreversible harm that could be caused by these ill - considered and illegal lease sales.

Although the agency put more Reserve land tracts on the auction block last year than ever before — doubling the size of any Reserve lease sale in a decade — it failed to consider the far - reaching climate impacts that could be triggered by this wave of oil and gas development.