Revenues generated from offshore energy activities provide funding for the U.S. Treasury, Gulf Coast states like Mississippi, the Land and Water Conservation Fund, and the Historic Preservation Fund.

BP plc BP, the British energy giant, announced that it has started production at the Atlantis Drill Center 1 expansion project in the Gulf of America (GoA). The company has achieved this milestone two ...

Oil companies offered $300 million for drilling rights in the Gulf of Mexico, marking the first of 30 planned sales under Republican efforts to boost U.S. fossil fuel production.

Oil companies offered $279 million for drilling rights in the Gulf of Mexico on Wednesday in the first of 30 sales planned ...

President Donald Trump says the U.S. has seized an oil tanker off the coast of Venezuela amid mounting tensions with the ...

The auctions mark a shift from the Biden administration, which sought to reduce offshore drilling as part of a plan to move toward clean energy sources.

Eni has strengthened its push into Asian LNG markets with a new 10-year sales agreement that will deliver 0.8 million tons ...

Brooge Petroleum and Gas Investment Company, a subsidiary of shipping and logistics firm Gulf Navigation, has finalised an agreement to launch front-end engineering design for a new refinery in ...