Department Of The Interior To Revise Rule For Offshore Drilling Risk Management

( May 6, 2025, 10:41 AM EDT) -- WASHINGTON, D.C. — The U.S. Department of the Interior (DOI) has announced plans to revise the Bureau of Ocean Energy Management’s (BOEM) 2024“Risk Management and Financial Assurance for OCS Lease and Grant ObligationsRule” and proceed with development of a new rule that the DOI says is “consistent with the Trump administration’s 2020 proposed regulatory framework.”...