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Beacon Offshore Energy operates some of the US’ most productive wells, using advanced technology to tap hard-to-reach crude ...

Italian energy giant Eni has extended its use of a premium shallow-water jack-up drilling rig in Mexico and has remaining options for an additional 240 days. Eni has a growing upstream business in ...

Beacon Offshore Energy LLC, Houston, announced that it has commenced oil and natural gas production from the Zephyrus field, ...

Grupo Carso has agreed to purchase the Russian oil company Lukoil’s subsidiary to gain full control of the Ichalkil and ...

Jan 20 (Reuters) - Blackstone is in talks to sell its Beacon Offshore Energy, which operates oil and gas assets in the U.S.

As a public comment period comes to a close, Florida leaders are pushing back against a new plan for offshore oil drilling.

LONDON, Jan 6 (Reuters) - Shell (SHEL.L), opens new tab has agreed to buy stakes in two undeveloped offshore blocks in ultra-deep waters offshore Angola from Chevron (CVX.N), opens new tab, the ...

Mexican billionaire Carlos Slim's Grupo Carso will acquire complete ownership of two Gulf of Mexico oil fields after agreeing ...

California Atty. Gen. Rob Bonta has filed suit against the Trump administration, alleging it has illegally claimed oversight ...

TotalEnergies signed an agreement with the Lebanese government for the Block 8 exploration permit offshore Lebanon. TotalEnergies signed an agreement with the Lebanese government for the Block 8 ...

Harbour Energy has been designated operator of the Zama offshore oil project in Mexico. The consortium is working to advance the project to a final investment decision this year. Harbour Energy plc ...