Prior to Venezuela’s push to keep control over its oil, the country’s oil made up about 15% of the oil refined in America.

Shell and Ineos Energy have made a new US Gulf oil discovery following a successful exploration well in the offshore play’s Norphlet region, London-based Ineos said Monday. The Nashville exploration ...

Houston’s oil giants came out on top during the first sale of oil and gas drilling rights in the Gulf of Mexico since 2023, offering a sneak peak into how the industry views offshore opportunities ...

Oil companies offered $300 million for drilling rights in the Gulf on Wednesday in the first of 30 sales planned for the region under Republican efforts to ramp up U.S. fossil fuel production.The sale ...

Energy companies offered more than $279 million in winning bids Wednesday at the U.S. government's first sale of oil and gas drilling rights in the U.S. Gulf since 2023, led by BP (BP), which offered ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Two years after the last oil and ...

First Gulf oil and gas lease sale since 2023 drew 219 bids across 1.02 million acres. Auction held under Trump’s One Big Beautiful Bill Act, mandating 30 offshore sales in 15 years. High bids totaled ...

A unit of BP Plc was the high bidder in a US auction for oil and gas drilling rights in the Gulf of Mexico, the first sale held under President Donald Trump’s second term. Energy companies offered ...

The Bureau of Ocean Energy Management’s first auction of new oil and gas leases in the Gulf of America under the Trump administration drew fewer bids than those seen during the Biden administration.

FLORIDA, USA — Florida lawmakers from both sides of the aisle are pushing back on new initiatives by the Trump administration for offshore oil drilling off the state's Gulf coast. In a direct letter ...

The Trump administration is proposing to lease large swaths of water off the coast of California, the eastern Gulf shore, and the High Arctic for oil and gas drilling, escalating its plans to “drill, ...

If the Bureau of Ocean Energy Management has its way, a huge swath of the Eastern Gulf of Mexico, long considered off limits, will be opened to offshore drilling. A map released Nov. 20 includes a ...