US Approves Plan to Open Atlantic to Oil Reserve Surveys
administration has begun to craft the next five-year U.S. offshore oil and gas leasing plan, which will run from 2017 to 2022. The BOEM said the seismic testing framework does not mean a decision has been made on whether the Atlantic will be included in the new five-year plan. (Reporting by Ayesha Rascoe; editing by Matthew Lewis
US: $4B in Loan Aid for Renewable Energy
screening process, Davidson said he believes the reviews will go more smoothly than before, when they were criticized for being inefficient. CUT A GRAPH AND COMBINED And in the wake of the Solyndra scandal, the department also made changes to its due diligence practices and loan oversight. (By Ayesha Rascoe, Reporting by Ayesha Rascoe, editing by Ros Krasny; Editing by Lisa Shumaker and Alden Bentley)
Survey Guidelines Bring US Closer to Atlantic Oil Reseves
By Ayesha Rascoe, Reuters The Obama administration on Thursday laid out a framework for assessing the amount of crude off the Atlantic coast, another step toward possibly allowing oil production in an area that has been out of reach for decades. The plan was released as part of the Bureau of Ocean Energy Management's (BOEM) final environmental review of the possible impacts of seismic testing to gauge oil reserves in the Atlantic Ocean. If approved, the proposal would require measures aimed at avoiding vessel strikes of marine animals, the closure of certain areas to protect the migration
February 2025
