On a weekly U.S. oil production basis, volumes reached an all-time high of 13.63 million barrels per day in early December ...

The U.S. Interior Department said on Thursday it has implemented new guidelines for allowable pressure differences in a ...

Eni has confirmed an oil discovery at the Capricornus 1-X well in the Orange basin offshore Namibia. The drilling took place ...

Photo: Alamy President Donald Trump signed an executive order in the Oval Office on Thursday to “unleash” America’s offshored ...

Ecopetrol said it is evaluating its strategy related to some projects in the southern Caribbean Sea off Colombia after Shell ...

This move aligns with President Trump's Executive Order to unleash US energy and follows extensive industry consultation.

BP and Eni confirmed the preliminary results of the Capricornus 1-X exploration well in Namibia's Orange Basin.

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.

Much has changed in the Gulf Coast region in the years since the Deepwater Horizon blowout and oil spill. In this piece, ...

The company intends to begin full production at the development, in the Timor Sea near Darwin, within months after its ...