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Offshore Lease Offshore Drilling

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights: V 9, Issue 8, 2025

Welcome to our eighth issue of Currents 2025. Extending the Lives of Fossil Fuel Power Plants Based on Arguably Tenuous Assumptions May Increase Power Prices - In July, the Trump administration’s Department of Energy (DOE)...more

White & Case LLP

President Biden Bans Future Offshore Drilling in Certain Areas

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This client alert provides a brief overview of President Biden’s recent decision to expand the ban on offshore oil and gas leasing, outlining its background, scope, and potential impact on the energy industry. Key...more

Holland & Knight LLP

Understanding President Joe Biden's Offshore Drilling Restrictions

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In his final days in office, President Joe Biden has exercised his executive authority to withdraw more than 625 million acres of federal waters from future oil and gas leasing – the largest withdrawal of its kind in U.S....more

Holland & Knight LLP

Interior Department Announces Rule on Financial Assurance for Offshore Oil and Gas

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For a decade, the U.S. Department of the Interior has wrestled with financial assurance (or bonding) requirements for offshore oil and gas companies. Over the last 10 years, the Interior Department has released – and later...more

Holland & Knight LLP

Appeals Court Restores Offshore Oil, Gas Lease Sale Without Rice's Whale Protections

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The U.S. Court of Appeals for the Fifth Circuit on Nov. 14, 2023, dismissed claims brought by environmental groups challenging offshore oil and gas Lease Sale 261. The court ordered that the sale take place within 37 days of...more

Holland & Knight LLP

Inflation Reduction Act Advances Stalled Offshore Oil and Gas Lease Sales

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The Inflation Reduction Act (the Act), which passed the U.S. Senate on Aug. 7, 2022, requires that previously announced offshore lease sales in the Gulf of Mexico and Alaska be held during the next two years....more

Holland & Knight LLP

Interior Releases Draft Program for New Offshore Leases; Future Uncertain

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The U.S. Department of the Interior on July 1, 2022, released its long-awaited update on the next Outer Continental Shelf (OCS) five-year proposed offshore drilling program (Program), a day after the previous program expired....more

Jones Day

Preliminary Injunction Issued Preventing Ban on New Federal Oil and Gas Leases

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As reported in the last edition of The Climate Report, Alabama, Alaska, Arkansas, Louisiana, Georgia, Mississippi, Missouri, Montana, Nebraska, Oklahoma, Texas, Utah, and West Virginia (collectively, "Plaintiff States") filed...more

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