Oil prices slumped below $60 a barrel this week as investors try to make sense of U.S. President Donald Trump’s push to end ...

The move is an escalation of military operations and a pressure campaign against Nicolás Maduro, Venezuela’s leader. But its ...

Oil major Shell has taken a final investment decision on a waterflood project at its Kaikias field in the U.S. Gulf of Mexico ...

The move comes as offshore operators seek to make existing wells more efficient as oil prices continue to flag.

Oil and gas companies spent $300 million in bids on more than 1 million acres, a decline of around 27% compared to the last ...

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

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

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

Tom Kloza, former OPIS chief analyst, is taking on a new role with Wellesley, Massachusetts-based Gulf Oil, owned by RaceTrac ...

“As we have repeatedly seen in California and other parts of the country, offshore drilling is a ticking time bomb,” they continued. “Any expansion of offshore drilling in the waters off the coast of ...

The first Gulf oil and gas lease sale of the second Trump administration generated close to $21 million more in winning bids than previously announced. The Interior’s Bureau of Ocean Energy Management ...

Most Gulf stock markets ended higher on Thursday, with Saudi Arabia rebounding from a two-year low, as ‍steady oil prices ...