US scrapping $6.9 billion offshore decommissioning rule from Biden era

Interior to bring required financial assurance level back to Trump standard from 2020

Department of the Interior (DoI) Secretary Doug Burgum talks with Attorney General Pam Bondi before US President Donald Trump speaks about investing in America in the Cross Hall of the White House on Wednesday, 30 April 2025 in Washington.
Department of the Interior (DoI) Secretary Doug Burgum talks with Attorney General Pam Bondi before US President Donald Trump speaks about investing in America in the Cross Hall of the White House on Wednesday, 30 April 2025 in Washington.Photo: AP/SCANPIX
Published 2 May 2025, 19:46Updated 2 May 2025, 19:46
Doug BurgumUS Department of the InteriorDonald TrumpJoe BidenBOEM