Oil exploration and production company ConocoPhillips (COP) is selling its interests in the Ursa and Europa Fields in the Gulf of ...

ConocoPhillips has agreed to sell two oilfields and a pipeline in the Gulf of Mexico to Shell subsidiaries for $735 million.

The decision about the Rice's whale from the Bureau of Ocean Energy Management was applauded by the oil and gas industry operating in the Gulf of Mexico.

The executive order aims to dismantle safeguards put in place under the Outer Continental Shelf Lands Act, a law historically used by presidents to protect U.S. coastal waters from oil and gas ...

Before President Donald Trump, the most high-profile call to change the name of the Gulf of Mexico came from Stephen Colbert, who joked on his Comedy Central show in 2010 that the body of water should ...

The Deepwater Horizon oil spill in 2010 was the largest marine oil spill in the petroleum industry. Scientists troubled after ...

When President Donald Trump sat down to lunch with his Japanese counterpart this month, talk turned quickly to how Tokyo ...

Two Pemex workers were evacuated from the platform, due to a possible stress scenario resulting from the incident', Pemex ...

Top U.S. refiners are poised to seek alternative sources for heavy, sour crudes, including running more domestic grades, as ...

Douglas McIntyre, Editor-in-Chief at Climate Crisis 24/7, reports that the oil industry has secured a major victory with the ...

The law authorizes the president to withdraw offshore areas from oil and gas leasing, as eight administrations, including the first Trump administration, have routinely done. However, the law does not ...

President Donald Trump has begun his America First overhaul of government, signing scores of executive orders in his first ...