The move comes as offshore operators seek to make existing wells more efficient as oil prices continue to flag.

The Giant Eclipse Octopus is going viral on Facebook. The page Science and Space Daily uploaded a picture of a Kraken-like creature and claimed it was supposedly found in the Gulf of Mexico. Marine ...

Oil companies have offered $279 million for drilling rights in the Gulf of Mexico in the first offshore lease sale in the ...

The revised total for winning bids in this month’s Gulf of Mexico lease sale was about $21 million more than initially ...

Researchers say his journey confirms long-term data predictions and could help guide future conservation efforts.

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 ...

The auction didn’t top 2023 results, but BP and Chevron helped bring in more money than many offshore lease sales over the ...

Dec 10 (Reuters) - The Trump administration will hold ‌the ​government's first sale of oil ‌and gas drilling rights in the ...

BP, Shell and Chevron were among 30 companies that submitted bids totalling $371.8mn for oil and gas drilling rights in the ...

The world's transition to renewable energy—and progress toward lowering carbon emissions—depends on expanding offshore energy, particularly wind power. A new study published in the journal Marine and ...

The waters of the Gulf of Mexico are often favored for their warm temperature, attracting tourists throughout the summer ...