Good afternoon and happy Friday, Daily on Energy , readers! We have a jam-packed newsletter for you to close out the week looking at the news around the fallout of the latest sanctions on Russian oil and the upcoming lease sales in the Gulf of Mexico and Alaska’s Cook Inlet 🇲🇽 🏔️🛢️.

COP30 kicks off next week and, while we won’t be flying down to Brazil, we’ll do our best to provide you all with the latest and greatest news out of the climate conference. Keep an eye out this weekend for a rundown from Callie on everything you need to know ahead of the two-week event. If you are headed down to Belém in the coming days, we wish you safe travels! Please enjoy the warm weather for us 🇧🇷☀️.

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