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

Australia news live: Jewish community ‘not OK’ after alleged antisemitic Melbourne attacks; Yuendumu locals ‘hopeful’ ahead of inquest findings | Australia news

July 6, 2025

TotalEnergies moves to restart work on $20 billion Mozambique LNG, sources say

July 6, 2025

OPEC+ plans to boost supply even faster with August hike

July 6, 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
Executive Moves

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

TotalEnergies moves to restart work on $20 billion Mozambique LNG, sources say

July 6, 2025

OPEC+ plans to boost supply even faster with August hike

July 6, 2025

Petrobras considers selling onshore assets in response to lower oil prices

July 6, 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, 20254 Views

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

May 21, 20253 Views

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

December 16, 20072 Views
Don't Miss

TotalEnergies moves to restart work on $20 billion Mozambique LNG, sources say

By omc_adminJuly 6, 2025

(Bloomberg) — Companies hired by TotalEnergies SE to build a $20 billion gas project in…

OPEC+ plans to boost supply even faster with August hike

July 6, 2025

Petrobras considers selling onshore assets in response to lower oil prices

July 6, 2025

Subsea7 secures EPCI contract for offshore Egypt

July 6, 2025
Top Trending

Australia news live: Jewish community ‘not OK’ after alleged antisemitic Melbourne attacks; Yuendumu locals ‘hopeful’ ahead of inquest findings | Australia news

By omc_adminJuly 6, 2025

ESG Today: Week in Review

By omc_adminJuly 6, 2025

Texas flooding latest: desperate search for survivors after dozens killed and girls at summer camp missing | Texas

By omc_adminJuly 5, 2025
Most Popular

The 5 Best Soundbars of 2025

May 6, 20251 Views

Energy Department Lifts Regulations on Miscellaneous Gas Products

May 2, 20251 Views

9 Tech Companies With Names Inspired by ‘the Lord of the Rings’

July 6, 20250 Views
Our Picks

Petro-Victory announces merger agreement with Azevedo & Travassos Energia

July 6, 2025

Petrobras considers selling onshore assets in response to lower oil prices

July 6, 2025

HCLTech Expands Partnership with Equinor

July 6, 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.