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 ...

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

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 ...

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

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

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

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 ...

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 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 ...

Major Gulf stock markets fell on Sunday on weaker oil prices and profit-taking, with sentiment further pressured by concerns ...