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 ...

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 ...

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

NEW ORLEANS — Oil companies offered a combined $264 million for drilling rights in the Gulf of Mexico on March 29 in a sale mandated by last year’s climate bill compromise. Developing the leases for ...

The campaign features a variety of 15-second to 30-second commercials across the Northeast. The campaign features a variety of 15-second to 30-second commercial spots airing on several connected TV ...

UNITED STATES, — Before former President Joe Biden left office, he issued a ban on new activity for certain areas of offshore oil and natural gas production. President Donald Trump has since issued an ...

The offshore oil industry based in the Gulf of Mexico will be key to building out American offshore wind. But that doesn’t mean the players are fully embracing the energy transition. PORT FOURCHON, La ...

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

Most Gulf equities slipped on Tuesday in tandem with a decline in global stock markets ahead of key U.S. data releases this week, while weaker oil prices also weighed on sentiment.