Close Menu
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

Permian emissions fall 20% since 2022 even as output rises, new study finds

October 9, 2025

Iveco presents electric minibus eDaily LE

October 9, 2025

Air New Zealand Invests in New Zealand Nature through First Verified Carbon Removals

October 9, 2025
Facebook X (Twitter) Instagram Threads
Oil Market Cap – Global Oil & Energy News, Data & Analysis
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment
Oil Market Cap – Global Oil & Energy News, Data & Analysis
Home » API, NOIA welcome action averting possible shutdown of U.S. Gulf waters
North America

API, NOIA welcome action averting possible shutdown of U.S. Gulf waters

omc_adminBy omc_adminMay 21, 2025No Comments2 Mins Read
Share
Facebook Twitter Pinterest Threads Bluesky Copy Link



Leaders from the American Petroleum Institute and National Ocean Industries Association today voiced their support of the U.S. National Marine Fisheries Service’s release of a new biological opinion for the Gulf of America/Gulf of Mexico. The decision comes in advance of a court-ordered deadline, thereby avoiding significant and immediate consequences for the U.S. energy sector. 

“With a new biological opinion in place, the administration has helped ensure that the Gulf of America will remain the backbone of our nation’s energy supply,” said Holly Hopkins, API’s VP of Upstream Policy. “While we appreciate the administration’s prompt action, they inherited flawed analysis under a short timeline. We welcome the opportunity to work with the Departments of Commerce and Interior to improve the biological opinion and ensure it reflects the best available science and data.”

“We appreciate the Trump administration’s timely efforts to improve a Biological Opinion that was originally developed through a flawed, opaque process,” said Erik Milito, President of the National Ocean Industries Association (NOIA). “Their willingness to revisit and revise the document reflects a strong commitment to restoring scientific rigor and regulatory balance.”


Last year, the U.S. District Court for the District of Maryland vacated the NMFS 2020 Biological Opinion for Gulf of Mexico Oil and Gas activities effective May 21, 2025. The biological opinion provides a necessary foundation for oil and natural gas operations in the Gulf of America/Gulf of Mexico, and a gap between opinions would significantly slow down or halt all permits for routine, daily operations.

In addition to generating 14% of U.S. crude oil production, the Gulf Coast is the heart of America’s vast network of energy infrastructure that connects our economy. From pipelines and storage facilities to major ports and refineries, this critical infrastructure is essential for energy access across the United States.

“The Gulf of America stands as one of the world’s most environmentally responsible and economically critical offshore energy hubs,” Milito added. “It supports hundreds of thousands of American jobs, generates billions in vital revenue that funds conservation and coastal restoration efforts, and produces some of the lowest-carbon intensity oil globally. Far from being in conflict, environmental stewardship and energy production are deeply interconnected—and the Gulf demonstrates this every single day.”



Source link

Share. Facebook Twitter Pinterest Bluesky Threads Tumblr Telegram Email
omc_admin
  • Website

Related Posts

Chevron reintroduces Clarity line of ashless hydraulic oils for sustainable performance

October 8, 2025

EIA raises U.S. oil production forecast after record July output

October 7, 2025

Chevron names Kevin McLachlan to lead global exploration as Liz Schwarze announces retirement

October 7, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

LPG sales grow 5.1% in FY25, 43.6 lakh new customers enrolled, ET EnergyWorld

May 16, 20255 Views

South Sudan on edge as Sudan’s war threatens vital oil industry | Sudan war News

May 21, 20254 Views

Trump’s 100 days, AI bubble, volatility: Market Takeaways

December 16, 20072 Views
Don't Miss

Permian emissions fall 20% since 2022 even as output rises, new study finds

By omc_adminOctober 9, 2025

(WO) — Greenhouse gas emissions from the Permian Basin have declined nearly 20% since 2022…

Air New Zealand Invests in New Zealand Nature through First Verified Carbon Removals

October 9, 2025

Sembcorp Expands Indian Renewables Portfolio with $190M ReNew Solar Acquisition

October 9, 2025

bp starts production from Murlach field, marking sixth project start-up in 2025

October 9, 2025
Top Trending

Carlyle, CalSTRS to Co-Invest in Climate Solutions

By omc_adminOctober 9, 2025

EU Parliament Lawmakers Reach Deal on Bigger Cuts to Sustainability Reporting and Due Diligence Laws

By omc_adminOctober 9, 2025

Vycarb Raises $5 Million to Capture and Store CO2 in Water

By omc_adminOctober 9, 2025
Most Popular

The Layoffs List of 2025: Meta, Microsoft, Block, and More

May 9, 20259 Views

Analysis: Reform-led councils threaten 6GW of solar and battery schemes across England

June 16, 20252 Views

Guest post: How ‘feedback loops’ and ‘non-linear thinking’ can inform climate policy

June 5, 20252 Views
Our Picks

Uniper Inks 7-Year Deal for Biomethane Supply from Spain

October 9, 2025

BMI Flags Trends It Says Will Shape Future of Oil, Gas

October 9, 2025

OMV to Reset Dividend Policy

October 9, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2025 oilmarketcap. Designed by oilmarketcap.

Type above and press Enter to search. Press Esc to cancel.