Shell’s plans to juice output from its deepwater Perdido development in the U.S. Gulf of Mexico just ran into a delay-shaped ...

First oil is imminent from a pair of major US Gulf developments, executives at two operators said on Tuesday at the Offshore ...

Florida Governor Ron DeSantis signed bills renaming the Gulf of Mexico to the Gulf of America in state law and textbooks. This action aligns with a previous executive order from former President ...

Russian Deputy Prime Minister Alexander Novak met Thursday with Iranian Oil Minister Mohsen Paknejad, who is visiting Moscow for the 18th Iran-Russia Joint Economic Cooperation Commission.

HE Minister of Finance Ali bin Ahmed Al Kuwari met Thursday with Minister of Oil and Gas of the State of Libya Dr Khalifa Abdul Sadiq, on the sidelines of the Spring Meetings of the International ...

WASHINGTON — The Interior Department is helping to increase oil production in the newly renamed Gulf of America by 100,000 barrels per day under a new policy following President Trump’s ...

Then, climate activism post-2021 COP26 forum slowed down capital injection in new oil production, a situation that has recently reversed. The announcement by Gulf Energy last week that it is ...

The U.S. Interior Department said on Thursday it has implemented new guidelines for allowable pressure differences in a certain type of oil drilling in part of the Gulf of Mexico, changes it ...

The EIA’s latest STEO highlighted that U.S. crude oil production averaged 13.35 million barrels per day in the first quarter of this year. The Lower 48 states, excluding the Gulf of America ...

But market volatility, weaker prices, and mounting global risks now threaten to weigh on the recovery, even as the kingdom pushes to diversify its economy beyond oil. Still, Gulf oil exporters ...

Chevron has set a strategic goal of producing 300,000 net barrels per day of oil equivalent from the Gulf in 2026 and the Ballymore project represents another step toward achieving. Since 2024 ...

Chevron Corporation CVX and TotalEnergies SE TTE have successfully commenced oil and gas production from the Ballymore project in the Gulf of America (formerly the U.S. Gulf of Mexico) within its ...