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

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 ...

Production has started at Beacon Offshore Energy’s Zephyrus field in the US Gulf, the Houston-based operator announced on ...

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

On January 20, 2025, Donald Trump announced that, during his second term as president, the United States would enter a new ...