Chevron has started oil and natural gas production in the Ballymore prospect of the Gulf of Mexico, which the U.S. now calls the Gulf of America. The Houston-based oil company said Ballymore is ...

WASHINGTON — The Interior Department is helping to increase oil production in the newly renamed Gulf of America by 100,000 barrels per day under a new policy following President Trump’s ...

An assessment by the US Geological Survey reveals potential undiscovered oil and gas in two formations under much of the US ...

May 13 (Reuters) - Most major stock markets in the Gulf crept higher early on Tuesday, as the prospect of increased supplies pressured oil prices and concern over U.S. President Donald Trump's ...

HOUSTON (Reuters) - Chevron has started oil and gas production from a project in the U.S. Gulf of Mexico, the oil major said on Monday, bringing the company a step closer toward its goal of ...

For more than a week, the U.S. Coast Guard has been attempting to contain what it's calling "an uncontrolled oil and natural gas discharge" off the Gulf Coast. The Coast Guard on Friday said more ...

Then, climate activism post-2021 COP26 forum slowed down capital injection in new oil production, a situation that has recently reversed. The announcement by Gulf Energy last week that it is ...

Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more ...

NEW ORLEANS — Fifteen years after BP’s devastating Gulf oil spill, the only cleanup worker to successfully sue the oil giant over his chronic medical condition is filing a new lawsuit ...

May 6 (Reuters) - Most stock markets in the Gulf ended higher on Tuesday helped by a rebound in oil prices while investors awaited the Federal Reserve's monetary policy meeting. Oil - a catalyst ...

Chevron has set a strategic goal of producing 300,000 net barrels per day of oil equivalent from the Gulf in 2026 and the ... in this report are flying under Wall Street radar, which provides ...