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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 ...

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 ...

Blackstone Inc. (BX) is considering a sale of Beacon Offshore Energy that could be valued at more than $5 billion. The ...

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

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 ...

When it comes to the U.S. offshore wind industry, big changes are underway. Since re-taking office last year, President Trump has worked to make good on a campaign promise to "end" the industry. He's ...

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 ...

The Trump administration has assessed what it’s calling the largest civil fine ever for an offshore oil spill in 2023 off the Louisiana coast. The Pipeline and Hazardous Materials Safety ...