The angry mutterings at the Permian Basin Petroleum Association’s “Spring Swing” golf tournament this week weren’t all about ...

Chinese state-owned CNOOC has sold its Gulf of Mexico oil assets to UK-based Ineos Energy for $2 billion. The purchase marks Ineos’ third major U.S. energy investment in three years. Despite ...

WASHINGTON, April 4 (Reuters) - The U.S. will hold an oil and gas lease sale in the Gulf of Mexico, as planned by the administration of former President Joe Biden, and will release a proposed ...

FILE PHOTO: View of the Gulf of Mexico in Veracruz ...

WASHINGTON (Reuters) - The U.S. will hold an oil and gas lease sale in the Gulf of Mexico, as planned by the administration of former President Joe Biden, and will release a proposed notice of it in ...

U.S. January oil production decreased by 305 kb/d to 13,146 kb/d, 158 kb/d lower than December 2023. Click to read.

BOEM plans to issue the proposed notice of sale in June. These Outer Continental Shelf sales don’t just boost U.S. energy ...

BEIJING -- Hong-Kong listed Chinese oil company CNOOC has finished selling U.S. oil and gas assets in the Gulf of Mexico amid what it warns is rising uncertainty in the energy market. CNOOC ...