Chevron Corporation CVX and Shell plc SHEL are two of the world's biggest energy companies, and both have been drilling for oil and gas in the deep waters of the Gulf of America (GoA) — what we used ...

In the aftermath of the Deepwater Horizon disaster 15 years ago and the simultaneous shale oil boom, the oil and gas industry focused its attention on the onshore U.S. and today’s record-high oil and ...

The forecast shows oil production in the US Gulf to average 1.80 million b/d in 2025 and 1.81 million b/d in 2026. Natural gas production is expected to average 1.72 bcfd this year and 1.64 bcfd in ...

Oil and gas companies are bringing several new projects online in the Gulf, moves aimed at keeping production flowing offshore as older projects shutter and the Trump administration gives a stamp of ...

A recent attempt by BP to shift its strategy to focus more on oil and gas production over renewables was not warmly greeted by investors BP's stock rallied on Wednesday, and shares of Shell fell, ...

(Reuters) - Royal Dutch Shell on Thursday agreed to sell its 22.45 percent stake in the Caesar Tonga field in the Gulf of Mexico for $965 million (£737 million) in cash to a subsidiary of Israeli ...

Shell Offshore Inc., a subsidiary of Shell plc, has commenced production at the Dover field in the Gulf of Mexico, a key milestone that reinforces the company’s leadership in deepwater oil and gas ...