In a significant blow to New Mexico’s communities and public lands, the Department of the Interior has announced its intention to roll back key federal bonding requirements for oil and gas companies ...

The Biden administration implemented tougher bonding rules for onshore oil and gas production on public lands. Senate Democrats want the Trump administration to preserve Biden-era bonding rates and ...

The relaxed rules would “free up billions of dollars” for oil companies, which they could redirect “toward future leasing, exploration, and production,” Interior Secretary Doug Burgum said in a ...

A mid-size Houston offshore oil and gas drilling company is suing its surety providers, claiming they colluded to force it to pay more collateral than necessary. The plaintiff's suit is also an ...

In a significant blow to New Mexico’s communities and public lands, the Department of the Interior has announced its intention to roll back key federal bonding requirements for oil and gas companies ...