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0 0 0.000702740688685835 0.000140548137737047 -0.000562192550948788 0.00126493323963462 0.00337315530569213 0.00913562895291625
Stock impact report

Chevron are top bidders at first Trump Gulf of Mexico oil and gas auction [BNN Bloomberg (Canada)]

BP p.l.c. (BP) 
Last bp p.l.c. earnings: 4/29 04:01 pm Check Earnings Report
Company Research Source: BNN Bloomberg
The auction, which ended with US$279.4 million in high bids, was the first of 30 mandated by U.S. President Donald Trump's tax cut and spending bill, which he signed into law in July. His administration's plans for offshore leasing are a significant departure from that of his predecessor, President Joe Biden, which had planned for a historically small number of oil and gas auctions as part of an effort to move away from fossil fuels and address climate change. “We're entering a new era of offshore American energy dominance,” Matt Giacona, acting director of the U.S. Bureau of Ocean Energy Management, said at the start of the auction, which was broadcast online. BOEM said 30 companies submitted a total of 219 bids on 1.02 million acres, about 1.3 per cent of the acreage offered. BP was the most frequent bidder, according to sale documents, followed by Chevron and Shell. Other top bidders included Anadarko, LLOG Exploration Offshore, Talos Energy and Murphy Exploration & Produc Show less Read more
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