One Big Beautiful Bill Act Boosts Offshore Oil and Gas Industry

The One Big Beautiful Bill Act (OBBBA) advances a pro-industry framework for offshore oil and gas development, mandating more oil and gas lease sales, larger acreage offerings, lower minimum royalty rates, and... Read more »

Offshore Crypto Platform KuCoin Agrees to Pay Nearly $300 Million for Failure to Register as Money Transmitting Business

In an action originated by the US Attorney’s Office for the Southern District of New York, Seychelles-based crypto platform Peken Global Limited (known as KuCoin) pled guilty to operating an unlicensed money... Read more »

President Biden Issues Offshore Oil and Gas Drilling Ban

President Biden banned offshore oil and gas leasing on over 625 million acres of submerged lands on the Outer Continental Shelf (OCS). Source link Read more »
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