The US Geological Survey assessed technically recoverable oil and gas reserves in Maverick basin formations in the Western Gulf basin province. Map of assessment units in Western Gulf basin ...

Fitch Ratings says lower oil prices could hit some Gulf budgets harder than others In a worse-case scenario where oil prices drop to $45 a barrel, all six GCC countries are likely to run budget ...

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

The U.S. Gulf of Mexico can continue growing oil output even amid geopolitical volatility not seen in decades, oil and gas industry leaders said on Monday. U.S. President Donald Trump's global ...

May 6 (Reuters) - Major stock markets in the Gulf rose in early trade on Tuesday, helped by a rebound in oil prices, while investors awaited the Federal Reserve's monetary policy meeting.

The BOEM also released a new analysis stating that a significant increase of estimated oil and natural gas reserves exists in the Gulf of America Outer Continental Shelf. BOEM’s updated ...

May 5 (Reuters) - Most stock markets in the Gulf ended lower on Monday, pressured by falling oil prices and investor caution ahead of developments in U.S.-China trade relations. Oil prices - a ...

QatarEnergy on Wednesday announced the fuel prices for May 2025 in the State of Qatar, where diesel prices and the prices for Super petrol and Premium petrol have decreased. QatarEnergy has set ...

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HOUSTON (Reuters) -Oil output from the U.S. Gulf of Mexico can continue growing even amid geopolitical volatility not seen in decades, oil and gas industry leaders said on Monday. U.S. President ...

HOUSTON (Reuters) - Chevron has started oil and gas production from a project in the U.S. Gulf of Mexico, the oil major said on Monday, bringing the company a step closer toward its goal of ...

British energy giant BP, which recently shelved carbon-reduction targets to focus on more profitable fossil fuel output, said today that it had made a new oil discovery off the US Gulf coast.