However, not long after the U.S. lifted its ban on crude exports in 2015 amid a shale boom that turned the country into the ...

Despite the precautionary oil and gas shut-ins in the Gulf of Mexico, oil prices were downwardly explosive on Wednesday, ...

"stop almost all offshore oil production in the Gulf of Mexico." "When the courts do these actions. They are against the American worker. They are against the American economy. They're also ...

Gulf of Mexico oil and gas production is almost fully restored following hurricane Francine, a statement posted on the Bureau ...

WASHINGTON — Offshore oil companies operating in the Gulf of Mexico are facing the prospect of a potential shutdown in new drilling activity later this year, amidst a longstanding legal battle ...

A fight over Gulf of Mexico oil production is looming in Washington as US regulators race to redo guidance on how to protect endangered species ahead of a deadline that could ultimately threaten ...

About one-quarter of US Gulf of Mexico oil production was still offline Friday after the powerful Hurricane Helene swept ...

Crude oil prices drop on Saudi production increase reports, Libya stability, and mixed economic stimulus impact in China, ...

Crude oil prices rose as Hurricane Francine disrupts production, but concerns over demand persist amid IEA's lowered growth ...

Gulf Cooperation Council (GCC) countries face budgetary deficits as current oil prices remain below what is needed to balance their budgets. IMF: Saudi Arabia now needs oil prices more than $20 ...

Production from new oil fields in the Gulf of Mexico will help the region avoid a decline in output due to natural depletion this year and next.

The effects could be sweeping: If the Gulf of Mexico were a country, it would rank among the world’s top 12 oil producers globally. “The ramifications could be potentially enormous for ...