Murphy Marches On Despite White House Headwinds

摘要

US producer Murphy Oil remains confident in its development plans in the US Gulf of Mexico despite new federal measures that have effectively halted new oil and natural gas leasing and permitting in the region. CEO Roger Jenkins told investors on a conference call he was disappointed but “not surprised” by US President Joe Biden’s wide-ranging executive order, which implemented a host of climate and energy-related measures (OD Jan.27’21).