Merged Federal Agency to Manage Massive Expansion in Proposed Offshore Oil Development

Date:

File image of a PennzEnergy oil exploration drilling rig In the Gulf of America. Getty ImagesThe Trump administration is merging two Interior Department agencies into one office that will orchestrate its proposed plan to dramatically expand offshore oil and gas production and spearhead its Outer Continental Shelf critical minerals development initiatives.Under a “phased transition” that began in April, the Bureau of Ocean Energy Management and the Bureau of Safety and Environmental Enforcement are being folded into the newly created Marine Minerals Administration.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Ohio State Agrees to $2.1 Million Federal Settlement Over Undisclosed China Research Ties

Ohio State University has agreed to pay $2.1 million...

USDA Unveils New Support for Ranchers to Rebuild Cattle Herds

The U.S. Department of Agriculture has unveiled a new...

How Major US Stock Indexes Fared Aug. 31

Oil prices rose and U.S. stocks fell after American...

Trump Unveils New Drug Pricing Deals With 9 Pharmaceutical Companies

President Donald Trump on Aug. 31 announced agreements with...