The move comes as offshore operators seek to make existing wells more efficient as oil prices continue to flag.
Oil and gas companies spent $300 million in bids on more than 1 million acres, a decline of around 27% compared to the last ...
Oil companies have offered $300 million for drilling rights in the Gulf of Mexico in the first offshore lease sale for the ...
The National Hurricane Center is monitoring the Gulf of Mexico for the second week in a row as another troubling area of low pressure moves west toward Texas. Much like a similar tropical disturbance ...
The NOAA's National Hurricane Center (NHC) issued its afternoon report on Tuesday updating its guidance on Invest 93L, a disorganized tropical disturbance currently making its way over the Florida ...
Oil major Shell said output at two of its offshore platforms in the U.S. Gulf of Mexico has been temporarily shut due to a ...
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