Judge axes $190mn offshore lease — RT World News

US environmentalists prevailed in stopping the controversial oil and gas extraction deal

The Biden administration has been ordered not to execute leases for offshore drilling in the Gulf of Mexico which were auctioned off in November.

The government had offered 80 million acres of federal waters, of which 1.7 million acres were sold, netting over $190 million from oil giants like Chevron, Shell, and Exxon Mobil. A federal judge sided with a group of…

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Written by Bourbiza Mohamed

A technology enthusiast and a passionate writer in the field of information technology, cyber security, and blockchain

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