The ongoing effort from President Donald Trump's administration to sell off public lands for private exploitation has now ...

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

Zephyrus field, in Mississippi Canyon Block 759, was developed through an infrastructure-led approach in partnership with ...

Political chaos, sanctions and technical mismanagement of the oil industry may have taken a heavy toll on the industry.

Exploration spending faces pressure as industry pivots to strategic acreage deals, giant field redevelopment, and ...

Oil executives looking for the next massive source of petroleum have turned toward the Arctic for decades. Studies by the US ...

Stay informed with the latest breaking news from Afghanistan. Politics, business, sports, and culture updates in English – ...

On Saturday, hours after U.S. forces in Caracas killed at least 80 people and kidnapped Venezuelan President Nicolás Maduro, Donald Trump sounded less like a wartime commander than a developer ...

MOBILE, Ala. (WALA) - A new oil agreement between the United States and Venezuela has raised questions about what it could mean for Americans—especially here along the Gulf Coast, home to many major ...

Anyone who drives a car understands the sting of having to fill up their tank and pulling into the gas station, only to discover that gas prices have skyrocketed. Paying extra for gas means you have ...

Shell warned that a weak oil-trading performance would weigh on its earnings, compounding what is shaping up to be a challenging period as prices continue to slide. The London-based energy company ...

Nobody handles oil quite like Texas and a fresh supply of Venezuelan crude could soon be headed to the Lone Star State’s coast. The first barrels of thick, tar-like crude could arrive as soon as next ...