Trump Administration kicks off plan to expand offshore drilling
The U.S. The U.S. Donald Trump ordered the government to find ways to increase U.S. oil production. He argued that previous administrations had curtailed drilling unnecessarily to combat climate changes. He also rescinded the efforts of former president Joe Biden to stop oil drilling in the Arctic, and large areas along the U.S. Atlantic Coast and Pacific Coast. In a recent press release…
William P. Doyle Appointed as DCA Executive Director & CEO
The Dredging Contactors of America’s (DCA) has selected the Honorable William P. Doyle, Sr. as its new Executive Director and Chief Executive Officer (CEO). William Doyle currently serves as a Commissioner with the U.S. Federal Maritime Commission having been unanimously confirmed twice by the U.S. Senate as a Presidential Appointee, and remained onboard with the Administration of President Donald J. Trump. Mr.
US Sets Gulf of Mexico O&G Lease Auction for March
The U.S. Interior Department said it will hold its largest offshore auction to date, nearly 77 million acres, to energy companies in March 2018 to conduct oil and gas development. The proposed lease of offshore Texas, Louisiana, Mississippi, Alabama and Florida blocks continues U.S. President Donald J. Trump's efforts to encourage domestic energy production despite relatively low oil prices, the department said.
US Will Not Issue Drilling Waivers to Russia Sanctions
The United States will not make an exception for American companies, including oil major Exxon Mobil Corp, seeking to drill in areas prohibited by U.S. sanctions on Russia, Treasury Secretary Steven Mnuchin said on Friday. "In consultation with President Donald J. Trump, the Treasury Department will not be issuing waivers to U.S. companies, including Exxon, authorizing drilling prohibited by current Russian sanctions," Mnuchin said in a statement.
