Management estimates indicate 56 million bbl oil in place of which about 25 million bbl are considered recoverable, the company said.

A territorial standoff between China and South Korea is intensifying after Beijing installed a large steel structure in the ...

NEW ORLEANS (AP) — Fifteen years after the Deepwater Horizon oil rig exploded off the Gulf Coast, killing 11 and sending 134 ...

A new multiyear offshore program, to be unveiled soon, will include a reconfigured Arctic area where future lease sales will ...

Launching the process to develop the 11th national outer continental shelf program marks a decisive step toward securing ...

BW Energy has confirmed the substantial oil discovery with good reservoir and fluid quality at an appraisal well in the ...

You might be surprised to learn there’s an old oil rig sitting right inside the boundaries of the Flower Garden Banks ...

Newsweek showcased satellite images of a Chinese rig that has strained relations with Seoul in an exclusive report on Thursday.

South Korea is contemplating the establishment of a necessary facility in its overlapping territorial waters with China in ...

Down past New Orleans lies Plaquemines parish, a narrow sliver of land at the tip of Louisiana that reaches southward like a ...

U.S. Customs and Border Protection (CBP) seized 72 grams of heroin mixed with fentanyl and 96 grams of THC vape oil at Galveston’s cruise port over the weekend, calling the drugs ...

We are still recovering from the Deepwater Horizon Oil Spill that happened 15 years ago, devastating our seafood industry and marine life here on the coast. Eleven people were tragically killed in the ...