Biden administration offshore oil and gas lease in Gulf Coast is unlawful, federal judge says - A federal judge has ruled ...
Industry body Offshore Energies UK says the North Sea could produce half of all oil and gas in run up to 2050.
The Búzios Field in the Santos Basin, the largest ultra-deepwater facility of that kind worldwide, produced 1 billion barrels of oil in March, the state-owned company Petrobras announced this ...