US Gulf of Mexico oil and gas auction ends with $46.98 mln in high bids
ReutersMar 11, 2026 3:13 PM
March 11 (Reuters) - A sale of drilling rights in the Gulf of Mexico ended with $46.98 million in high bids from oil and gas companies, officials with the U.S. Bureau of Ocean Energy Management said on Wednesday.
Winning bidders included BP BP.L, Chevron CVX.N, Shell SHEL.L and Anadarko. The bids were read via livestream on BOEM's website.
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Tradingkey
Related Articles
Ahead of CPI Release, Credit Crisis Panic Haunts Markets, Wall Street Eyes How Inflation Data Will Impact US Stocks
TradingKey - At 8:30 AM ET on Wednesday, the U.S. Bureau of Labor Statistics will release the February Consumer Price Index (CPI) report, which traders view as setting the tone for investment direction.TradingKey
8 hours ago
Trump Wants TACO? The Script for an Iran War May No Longer Be His to Write
TradingKey - As the US-Israel-Iran conflict enters its second week, new developments have emerged in the situation. On March 9 local time, U.S. President Trump sent a clear signal during a press conference, stating that military operations against Iran would end "soon" but would not be completed within this week. This statement has been interpreted by observers as a direct signal that the U.S. is seeking a "graceful exit." In response to the de-escalatory signals from the U.S., Iran’s stance remains defiant.TradingKey
9 hours ago
Bitcoin Price Analysis: BTC Eyes $72K Breakout Amid Mideast Supply Shocks and Short Squeeze Risk
BTC faces a critical $72K resistance amid Middle East supply shocks and a $4.3B short squeeze risk. Explore the latest btc price trends, institutional ETF outflows, and the impact of the upcoming "Clarity Act" on bitcoin’s market forecast.TradingKey
9 hours ago
Micron vs. Samsung vs. SK Hynix: Is MU Stock the Best Memory Stock for 2026?
TradingKey - Relying on strong AI demand, more memory per system, and sluggish supply response, 2026 will be the memory cycle. Micron Technology (MU) is now in an excellent competitive position today with HBM3E and looking to ramp HBM4E into Nvidia’s Vera Rubin platforms in the second half of 2026.TradingKey
Tue, Mar 10
