The Polok and Chinwol fields were the first deep-water oil discoveries made by Repsol and partners in Mexico in 2020. The Polok-1 exploration well, drilled to a depth of 2,620 m, found more than ...

As far as British oil giant BP is concerned, the catastrophic oil spill that tainted Louisiana’s shores more than a decade ago didn’t take place in the Gulf of Mexico. It took place in the ...

Production from new fields in the U.S. Gulf of Mexico is helping to offset a decline in production; These new fields would also help push GOM crude oil production to 1.9 million barrels daily in 2025.

The DJ Basin is in northeastern Colorado and southeastern Wyoming. Eimear Bonner, Chevron’s chief financial officer, said the company had third quarter earnings of $4.5 billion or $2.48 per share.

Crude oil and gasoline prices Monday rallied on some short-covering after last week's plunge to a 14-month nearest-futures low. Crude oil prices also saw support as Tropical Storm Francine ...

The Department of Interior Thursday released an analysis of fossil fuel deposits showing an additional 1.30 billion barrels of oil in the Gulf of Mexico's Outer Continental shelf.

The last Gulf of Mexico oil and gas lease sale in late 2023 raised $382 million, the highest since 2015. Burgum, who is head of Trump's energy dominance council, ...

WASHINGTON – The U.S. House approved legislation Thursday that would rename after 400 years the Gulf of Mexico to the Gulf of America. “The House voted to permanently rename the Gulf of Mexico ...

A BP oil platform in the Gulf of Mexico. The company said it has discovered oil in the Far South prospect that it co-owns with Chevron. Photo: Toby Harriman for The Wall Street Journal.

A federal district judge on Thursday ruled against a Biden administration sale of oil and gas drilling rights in the Gulf of Mexico, faulting the government with failing to sufficiently analyze ...