The US Department is implementing a policy change that is expected to increase US Gulf output by about 10%.

The Department of the Interior today (April 10) announced a significant increase in estimated oil and gas reserves in the Gulf of America . . .

April 10 (UPI) --The Department of Interior on Thursday released an analysis of fossil fuel deposits showing an additional 1.30 billion barrels of oil in the Gulf of Mexico's Outer Continental shelf.

Oil prices rebounded over 3% after Trump paused tariffs for most countries, easing pressure after Brent briefly fell below $60 on fears of oversupply and a looming recession. OPEC+ plans to ...

But a shaky outlook for the price of oil could put some countries' budgets and spending projects at risk. Saudi Arabia, the United Arab Emirates, Bahrain, Kuwait, Oman, and Qatar make up the Gulf ...

Shell Offshore Inc. (Shell), a subsidiary of Shell plc, today (April 8) announced the start of production at Dover, the second subsea tieback con. . .

The Gulf Arab monarchies, long synonymous with oil wealth, are deepening energy interdependence with China and Southeast Asian nations, signing a slew of landmark agreements in recent months for ...