A Southeast Louisiana jury ruled oil company Chevron must pay more than $740 million dollars to restore damage it caused to ...

Chinese state-owned oil giant CNOOC Ltd., which stands for China National Offshore Oil Corporation, has followed through on an earlier announced sale of its Gulf of Mexico assets to Britain’s Ineos En ...

The U.S. will hold an oil and gas lease sale in the Gulf of Mexico, as planned by the administration of former President Joe ...

The Florida House of Representatives passed a bill 78-27 on Thursday that would amend State Statues to replace all mentions of “Gulf of Mexico” with “Gulf ...

Kenya has renewed a contract to purchase fuel on credit from three state-owned Gulf companies by two years and renegotiated ...

INEOS Energy has today announced the completion of the acquisition of the US Gulf business held by CNOOC Energy Holdings USA. Inc., a US subsidiary of CNOOC International Limited (CNOOC).

Key oil indicators are signaling looser balances ahead, after OPEC and its allies shocked the market with a dramatic early ...

The recent acquisition includes a portfolio of non-operated assets centred around two deep-water early production sites, ...

Oil futures rose as the market shrugged off a 6.2 million barrel build in U.S. crude inventories while impending U.S. tariffs on Canadian and Mexican oil, and sanctions against Venezuela, Russia and ...

Warren Buffett's company, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B), has invested nearly $290 billion into a portfolio of publicly traded companies. Berkshire owns 118.6 million shares worth $19.8 ...

Explore the intricate history of the US-Iran nuclear conflict, from the 1953 CIA coup in Iran to the recent escalations under ...

Here’s a look at Kurdish people. Kurds do not have an official homeland or country. Most reside within countries in the Middle East including northern Iraq, eastern Turkey, western Iran and small ...