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House, Senate Bills Aim at Replacing Obama Oil-Drilling Plan

By Tennille Tracy WASHINGTON--House and Senate lawmakers are trying to overturn a five-year oil drilling plan developed by the Obama administration and replace it with new proposals that open up more federal waters to exploration. The House approved a bill Wednesday that paves the way for oil drilling in the Atlantic and Pacific oceans, areas where production has not taken place for several years, and nearly doubles the number of drilling lease auctions to be held between now and 2017. The bill passed the House by a vote of 253 to 170. Also Wednesday, Sen. Lisa Murkowski (R., Alaska) and a bipartisan group of senators unveiled a similar bill while also introducing a provision that forces the federal government to share more of the oil royalties with coastal states. The Interior Department finalized its five-year drilling plan earlier this year, outlining 12 lease auctions in the Gulf of Mexico, two in the Arctic Ocean and one in Cook Inlet. -By Tennille Tracy, Dow Jones Newswires; 202-862-6619; [email protected] Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stock News for Exxon Mobil (XOM)
DateTimeHeadline
02/24/201716:49:00MARKET SNAPSHOT: Dow Posts 11th Straight Record; S&P 500 Sees...
02/24/201714:31:00MARKET SNAPSHOT: U.S. Stocks Retreat From Record-setting Streak...
02/23/201712:53:54Current Report Filing (8-k)
02/22/201720:22:00Exxon Lowers Proved Reserve Estimates -- Update
02/22/201718:44:00Exxon Lowers Proved Reserve Estimates
02/22/201717:08:00InterOil Announces Completion of ExxonMobil Transaction
02/22/201716:56:21Statement of Changes in Beneficial Ownership (4)
02/22/201716:52:08Annual Report (10-k)
02/22/201716:30:00ExxonMobil Announces 2016 Reserves
02/22/201716:23:41Statement of Changes in Beneficial Ownership (4)
02/21/201711:00:00ExxonMobil Employees Inspire Girls to Pursue Future in Engineering
02/20/201720:00:00Supreme Court of Yukon Approves ExxonMobil Transaction
02/17/201705:59:00Energy Companies Face Crude Reality: Better to Leave It in the...
02/16/201709:00:00ExxonMobil Sets Record in High Performance Oil and Gas Reservoir...
02/16/201702:30:00ExxonMobil Singapore Refinery to Expand Group II Base Stock Production
02/13/201715:59:40Statement of Changes in Beneficial Ownership (4)
02/10/201715:03:08Amended Statement of Ownership (sc 13g/a)
02/10/201709:00:00ExxonMobil Awards License for Efficient Drilling Technology to...
02/07/201705:41:00InterOil Secures US$470 Million Credit Facility
02/03/201710:16:08Statement of Changes in Beneficial Ownership (4)

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