Sentences with phrase «offshore lease»

With the Obama administration's decision not to include the Atlantic in the next federal offshore leasing program, let's connect some dots that put this unfortunate decision in a fuller context — one where the administration is choosing retreat instead of progress with its energy strategy.
The comments were filed with the Bureau of Ocean Energy Management (BOEM), which is putting together a new federal offshore leasing plan that will blueprint development from 2019 - 2024.
House legislation requiring a new federal offshore leasing plan that includes areas off South Carolina and Virginia is the best way to create new access to federal oil and natural gas resources sooner rather than later.
So let the process of developing a new offshore leasing program begin: American energy for Americans.
The discovery comes with the federal Bureau of Ocean Energy Management (BOEM) nearing completion of its new five - year offshore leasing program, which will blueprint federal lease sales from 2017 - 2022.
«The administration's decision to move forward with the largest offshore lease sale in our nation's history is a key part of that effort.
Producing significant amounts of oil from offshore leases in the Chukchi and Beaufort Seas is quite a few years away because of permitting delays, serial lawsuits filed by environmental pressure groups, and the physical challenges involved in building the necessary offshore infrastructure in the Arctic Ocean.
E.ON and Scottish Power have both recently won offshore leases from the U.K. government to use Pelamis technology, and the company itself has secured its own lease — obviously with the goal of using its own machines.
EDF Renewables has confirmed its intention to bid in upcoming offshore lease auctions held by the US Interior Department, adding another major global developer to the snowballing US offshore wind market.
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 Bureau of Ocean Energy Management, the division of Interior that oversees offshore leases, offered assurances that the environment would be protected as additional leases are sold in the gulf.
The Trump administration said Tuesday that it will sell leases for some 77 million acres in the Gulf of Mexico for oil and gas drilling in the largest U.S. offshore lease sale ever.
To achieve this, the president - elect plans to revoke the Clean Power Plan, open onshore and offshore leasing on federal lands for energy development, end the ban on new federal coal leases and lift various other regulations.
More Lease Auctions Planned DOI and BOEM are still not finished with offshore lease auctions.
The Gulf already has this infrastructure, and even with that, according to a recent Oil Change International (OCI) study, profits are slim; 76 percent of new Gulf offshore leases, and 45 percent nationwide, are only breaking even, and that's with the help of federal subsidies.
Soon, the Interior Department is expected to release its draft offshore leasing program that will shape natural gas and oil development on the federal outer continental shelf (OCS) for the next five years, 2019 - 2024.
They did not disappear — these two sites will be included in a forthcoming offshore lease sale for another wind energy holdout, South Carolina.
The Trump Interior Department announced Thursday plans to offer blocks in the Arctic, Atlantic and Pacific oceans for oil and gas exploration in an ambitious new five - year offshore lease plan.
The right energy policy path is for BOEM to produce a robust offshore leasing program that fits with the United States» rise to world leadership in oil and natural gas production.
By law, the Bureau of Ocean Energy Management must collect public input before enacting its five - year offshore leasing plan.
The Obama administration's decision last week to eliminate the Atlantic from the next federal offshore leasing plan is a step backward for American energy policy.
According to Lorne Stockman of Oil Change International, a think - tank focused on the post-carbon economy, it isn't clear how popular the new offshore leases will be with fossil fuel companies, particularly outside those areas of the Gulf already crowded with rigs and infrastructure.
Using federal offshore leases, wind power projects along the East Coast, including off the shores of Massachusetts, New Jersey, Connecticut,...
9) Shrink the renewable energy programs, and jumpstart onshore and offshore leasing, drilling, fracking, and mining on federally managed lands.
Again, the offshore leasing program should facilitate safe and responsible energy development, including the Arctic because of the tremendous energy opportunity there.
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