Ravi Chawla, Managing Director and Chief Executive Officer of Gulf Oil Lubricants, said the company has significant room for ...
First Gulf oil and gas lease sale since 2023 drew 219 bids across 1.02 million acres. Auction held under Trump’s One Big Beautiful Bill Act, mandating 30 offshore sales in 15 years. High bids totaled ...
The campaign features a variety of 15-second to 30-second commercials across the Northeast. The campaign features a variety of 15-second to 30-second commercial spots airing on several connected TV ...
NEW ORLEANS — Oil companies offered a combined $264 million for drilling rights in the Gulf of Mexico on March 29 in a sale mandated by last year’s climate bill compromise. Developing the leases for ...
UNITED STATES, — Before former President Joe Biden left office, he issued a ban on new activity for certain areas of offshore oil and natural gas production. President Donald Trump has since issued an ...
The announcement comes as the Trump administration looks to ramp up domestic production of oil and gas. The Interior Department forged ahead Wednesday with the Trump administration’s offshore oil and ...
The offshore oil industry based in the Gulf of Mexico will be key to building out American offshore wind. But that doesn’t mean the players are fully embracing the energy transition. PORT FOURCHON, La ...
Gulf NOCs are prioritizing long-term stability and economic transformation over direct entanglement in regional conflicts, even amid escalating tensions and military actions. Each major Gulf NOC, ...
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First of 30 oil lease sales planned for Gulf of Mexico draws $300 million from companies
WASHINGTON (AP) — Oil companies offered $300 million for drilling rights in the Gulf of Mexico on Wednesday in the first of 30 sales planned for the region under Republican efforts to ramp up U.S.
Back in May, I met the CEO of a major environmental group for coffee in Washington. This was a few weeks after BP’s Deepwater Horizon rig exploded but before the oil made landfall along the coast. The ...
Most stock markets in the Gulf ended lower on Sunday in response to Friday's fall in oil prices amid thin holiday-season ...
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