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Economics & Markets
Trump administration taps emergency oil reserves to address rising oil prices, market disruptions
In response to increased oil prices driven by the Iran war and market instability, the Trump administration said it will draw from the Strategic Petroleum Reserve.
March 12, 2026
Map from BOEM
Government
Gulf of Mexico lease sale draws just under $47 million in high bids
March 11, 2026
US Bureau of Ocean Energy Management
Government
BOEM: US OCS holds 65.8 billion bbl of technically recoverable reserves
March 9, 2026
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Government
Interior proposes rollback of Biden-era offshore financial assurance rule
March 9, 2026
Photo from Eni
Government
Eni and Nigeria resolve license dispute, paving way for offshore development
March 6, 2026
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LNG
Argentina’s first long-term LNG export contract: SESA signs offtake deal with Germany’s SEFE
March 6, 2026
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Government
Federal government, Alaska host lackluster Cook Inlet lease sales
March 5, 2026
Map from Northern Territory Government
Government
Australia releases new Beetaloo Sub-basin acreage
March 2, 2026
Government
FWS strips protections for lesser prairie chicken
March 2, 2026
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