U.S. Energy Secretary Chris Wright invoked the Defense Production Act to restore the Sable Offshore Corp.'s Santa Ynez unit and pipeline off Santa Barbara's coastline.
The $5 billion project in the Gulf of Mexico is expected to help produce up to 10 billion barrels of oil by the end of this decade. Critics say it could endanger people and marine life.
WTEN Albany on MSN
Local trucker hits milestone of one million miles travelled with one rig
Local trucker hits milestone of one million miles travelled with one rig ...
The second auction of oil and gas leases in the Gulf of America since President Donald Trump’s election in 2024 drew almost $47 million in high bids, with 98% of the activity in offshore areas deeper ...
Oil prices have soared since the U.S. and Israel launched their war against Iran, and President Donald Trump is now turning ...
With the U.S.-Israeli war against Iran now in its second week, Strait of Hormuz traffic halted and crude oil topping $90 per ...
The IEA has said its 32 members hold more than 1.2 billion barrels in public emergency stockpiles, including the largest ...
Into the Shadows on MSN
Oil rig explosion that reshaped offshore safety
On July 6, 1988, the Piper Alpha oil platform in the North Sea became the site of one of the deadliest offshore disasters in history. A maintenance error triggered a gas leak that quickly ignited into ...
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