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THENATIONALPULSE (Pulse Wires) - BP to Sell Off North Sea Operations Strangled by Climate Regulations.

BP's decision to sell its North Sea oil business underlines concerns over British energy policy and its impact on investment and jobs.

BP’s decision to sell its North Sea oil business underlines concerns over British energy policy and its impact on investment and jobs . PULSE POINTS WHAT HAPPENED: BP has announced plans to sell its North Sea oil business, which includes five production hubs and employs approximately 1,100 people. The company stated this decision aligns with its broader strategy to streamline operations and focus on higher-value opportunities, against a backdrop of punitive climate regulations and windfall taxes on the sector imposed the incumbent Labour and prior Conservative governments. DETAIL: BP’s North Sea assets, including Glen Lyon, Clair, and Clair Ridge, have been central to the British energy system for decades. However, political…Open

NYTIMES (Sachi Kitajima Mulkey) - A New Bureau Will Oversee Both Offshore Drilling and Seabed Mining

The new federal office will undo a change made after the 2010 Deepwater Horizon oil disaster. Critics say it could reduce environmental oversight.

JUSTTHENEWS (Natalia Mittelstadt) - First oil sale made in California after Trump offshore drilling to resume in state

Oil production is currently through Sable Offshore Corporation's Platform Harmony, producing around 22,000 barrels of oil per day

REDSTATE (Bob Hoge) - The Left Coast Is Pumping Again As Trump Unleashes Tens of Thousands of Barrels of Offshore Oil a Day

JUSTTHENEWS (Kevin Killough) - Trump steamrolls over California’s anti-fossil fuel crusade to get oil flowing from offshore rigs

Were it not for the fact that California GDP accounts for 14% of the U.S. total, and is home to military installations and key shipping ports, Trump might be happy to let the state run its energy industry into the ground. But with its impacts reaching beyond state borders, Trump is taking action.

REDSTATE (Bob Hoge) - Drilling Time: Oil Production Reportedly Ramping Up ASAP Off CA Coast Following Trump's Executive Order

JUSTTHENEWS (The Center Square Staff) - Second U.S. Gulf oil & gas lease sale generates $47 million

The Big Beautiful Gulf 2 auction in New Orleans on Wednesday drew 38 bids from 13 companies on 25 blocks covering about 141,000 acres in federal waters off the coasts of Texas, Louisiana and Mississippi, according to the agency.