Texas, Louisiana, and Mississippi have sued the U.S. government to block a proposed rule by the Biden administration that would require offshore oil and gas companies to provide nearly $7 billion in financial assurances for decommissioning old infrastructure.
VAALCO Energy begins refurbishing FPSO at Baobab field, offshore Ivory Coast
U.S. oil and gas company VAALCO Energy is refurbishing its FPSO facility at the Baobab field in...