Posts Tagged ‘leases’

Judge rules Obama administration overlooked fracking risks in California mineral leases

By Rory Carroll SAN FRANCISCO (Reuters) – A federal judge has ruled the Obama administration broke the law when it issued oil leases in central California without fully weighing the environmental impact of "fracking," a setback for companies seeking to exploit the region's enormous energy resources. The decision, made public on Monday, effectively bars for [...]

Russia leases planes to Cuba, writes off Soviet debt

HAVANA (Reuters) – Russia will lease eight jets worth $ 650 million to its Cold War- era ally Cuba and will partially write off the country's multi-billion-dollar, Soviet-era debt under agreements signed during Prime Minister Dmitry Medvedev's visit to Havana on Thursday. Moscow will write off part of the $ 30 billion debt and will [...]

BP barred from new US gov’t contracts, land leases

The Obama administration put a stop to new federal contracts with BP on Wednesday, admonishing the British oil company for a "lack of business integrity" and also disqualifying it indefinitely from winning new leases to drill on taxpayer-owned lands. Tweet This Post

BP just got its life back with more Gulf of Mexico oil leases

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