A federal judge has ruled that more than 109,000 square miles of Gulf Coast federal were unlawfully opened up for offshore ...

In a legal setback for fossil fuel advocates, a federal court has invalidated a large offshore oil and gas lease sale in the Gulf of Mexico, ruling Thursday in favor of environmental groups that ...

Oil futures dropped as the U.S. reciprocal tariff rollout is seen worse than many had expected, raising concerns it will slow the global economy and oil demand with it.

A federal district judge on Thursday ruled against a Biden administration sale of oil and gas drilling rights in the Gulf of Mexico, faulting the government with failing to sufficiently analyze ...

The leases in the Gulf Coast were expected to produce up to 1.1 billion barrels of oil and more than 4 trillion cubic feet (113 billion cubic meters) of natural gas over 50 years, according to a ...

Carmouche claimed in court earlier this month that the damage from Texaco’s alleged actions is comparable to the 2010 Gulf oil spill, claiming that Texaco did not properly follow the permitting ...

The recent acquisition includes a portfolio of non-operated assets centred around two deep-water early production sites, ...

China's CNOOC Ltd has finalised the sale of its US Gulf assets to UK chemical company Ineos, marking a strategic shift in its ...

Oil platforms are visible through the haze near the Flower Garden Banks National Marine Sanctuary in the Gulf of Mexico, off the coast of Galveston, Texas, Saturday, Sept. 16, 2023. NEW ORLEANS ...

The United States, under President Donald Trump, has rolled out country-specific reciprocal tariffs, aiming to counter trade ...