This is a monumental milestone in achieving American energy dominance,” Interior Secretary Doug Burgum said in a statement of ...

In another move to increase offshore U.S. oil production, the Interior Department Thursday said it will use a new commingling ...

Most offshore oil and gas projects in 2024 were linked to widespread pollution, with satellite data revealing frequent oil ...

SINGAPORE (Reuters) -Chinese offshore oil and gas major CNOOC Ltd's first-quarter net profit fell 7.9%, weighed by weaker oil ...

The U.S. Department of the Interior has launched the early stages of a new plan for offshore oil and gas leasing, signaling ...

The department’s new approach will let operators produce from layers that have a greater difference in pressure.

Crude oil production has been a significant part of Ghana’s economic growth since the country first discovered oil in commercial quantities in 2007.

CNOOC reported a decrease in net profit for the first quarter of 2025, as lower oil prices outweighed the benefits of ...

The Trump Administration has revised offshore drilling rules to increase oil production in the U.S. Gulf by allowing greater pressure differences and accelerating project approvals.

The DOI has expanded the allowable pressure differential for single-wellbore oil production from multiple reservoirs in the ...

Secretary Doug Burgum has initiated action on two of President Trump’s executive orders — one regarding offshore oil leasing ...

and acquires shuttle tankers that transport crude oil under long-term charters in offshore oil production regions, mainly in Brazil and the North Sea. The most recent catalyst for the stock’s ...