The revised total for winning bids in this month’s Gulf of Mexico lease sale was about $21 million more than initially ...

The sale generated $279,433,757 in high bids for 181 blocks across 80 million acres in federal waters of the Gulf of America.

Thirty companies submitted bids, including industry giants Chevron, Shell and BP, federal officials said. The total amount of ...

The Kaikias waterflood project, planned to start in 2018, will inject water to displace additional oil, boosting recovery and ...

A unit of BP Plc was the high bidder in a US auction for oil and gas drilling rights in the Gulf of Mexico, the first sale ...

Two years after the last oil and gas lease sale in the Gulf, a new one has brought in over $300 million worth of winning bids ...

Shell shares down on lower oil prices and warmer weather forecasts, subsidiary invests in waterflood project in U.S. Gulf of America.

BP, Woodside Energy and Chevron were the top winners on Wednesday at the U.S. government's first sale of oil and gas drilling ...

The auction didn’t top 2023 results, but BP and Chevron helped bring in more money than many offshore lease sales over the ...

The Arabian Gulf Oil Company has held discussions with the US firm Halliburton on supporting oil fields with modern ...