BP has made an oil discovery at the Far South field in the U.S. Gulf of Mexico, it said on Monday, as the energy major seeks ...

The Department of Interior Thursday released an analysis of fossil fuel deposits showing an additional 1.30 billion barrels ...

bp has discovered oil at the Gulf of Mexico Far South prospect 120 miles off the coast of Louisiana. Both the initial well and a subsequent sidetrack encountered oil in high-quality Miocene reservoirs ...

Chief executives of the US Gulf’s larger players, including Chevron’s Mike Wirth and Occidental’s Vicki Hollub, touted the basin as an on-ramp toward greater fortunes in 2025, in part because of Trump ...

Japan, South Korea and Taiwan will also follow ... due to a potential LNG glut later in this decade. Gulf LNG, like Gulf oil, faces a bearish headwind from American energy dominance.

Saudi Arabia, the UAE, Bahrain, Kuwait, Oman, and Qatar — hold approximately 32.6% of the world’s proven crude oil reserves.

Interior Secretary Doug Burgum ordered his offshore energy bureau to conduct the first offshore oil and gas sale of the ... offshore energy auction in the Gulf of Mexico, which President Donald ...

March 26 (Reuters) - Major Gulf stock markets were mixed on Wednesday as investors waited for clarity on U.S. President Donald Trump's trade policy ahead of looming tariffs. Traders are hoping ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Wealthy Gulf nation Kuwait is set to borrow for the first time in almost a decade, raising hopes that the ...

British energy company BP discovered oil off the US Gulf Coast. This follows BP's decision to prioritize fossil fuels. The discovery is at the 'Far South' prospect. BP plans to increase ...