The Gulf is producing near record highs of 1.9 million barrels of oil per day, but that’s still only 14% of the nation’s world-leading high of 13.5 million barrels daily.

The Gulf remains a key region in Shell’s global portfolio, known for its relatively low carbon intensity. Dover’s startup supports Shell’s long-term ambition of net-zero emissions by 2050 ...

BP has made an oil discovery in the deepwater U.S. Gulf of Mexico 120 miles off the coast of Louisiana, the UK-based supermajor said on Monday. The discovery at the Far South prospect comes as BP ...

The forecast shows oil production in the US Gulf to average 1.80 million b/d in 2025 and 1.81 million b/d in 2026. Natural gas production is expected to average 1.72 bcfd this year and 1.64 bcfd ...

The new fields are expected to add 85,000 barrels per day (bpd) of crude oil in 2025 and 308,000bpd in 2026, with associated natural gas production averaging 90 million cubic feet per day (mcf/d ...

Chevron Corp. has started producing oil and natural gas from the Ballymore subsea tieback in the deepwater Mississippi Canyon area of the US Gulf of Mexico, the company said in a release Apr. 21 ...

The volume of the Ek’ Balam oil spill in 2023 — the most serious spill in Mexico in recent years — was under-reported by 10 to 200 times, according to calculations performed by scientists ...

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.

Shell plc's SHEL subsidiary, Shell Offshore Inc., has recently begun production at Dover, a high-potential development in the Gulf of Mexico (Gulf of America), further strengthening Shell’s ...