North America6 days agoUS Sets August 12 Date for Third Gulf of Mexico Lease Sale Under The One Big Beautiful Bill ActThe US Bureau of Ocean Energy Management (BOEM) has announced that the third Gulf of Mexico offshore oil and gas…
North America1 week agoEldorado Drilling to acquire Vantage Drilling in $258-million dealEldorado Drilling AS has agreed to acquire Vantage Drilling International in a merger valued at approximately $258 million, combining the…
North America1 week agoChevron CEO Confirms Multiple Vessels Were Attacked in the Strait of Hormuz This WeekMultiple vessels transiting the Strait of Hormuz have suffered attacks this week, Chevron Corp. Chief Executive Officer Mike Wirth revealed…
North America2 weeks agoChevron CEO expects oil prices to rise in the near future“The market’s ability to absorb this imbalance has deteriorated drastically today compared to where we started,” said the CEO at…
North America2 weeks agoImpacts of Middle East conflict set to reshape energy investment plans as disruptions put focus on securityElectricity and diversification are driving growth in energy spending with countries seeking to respond to 2nd energy crisis in 5…
North America3 weeks agoBorr Drilling: Pemex Needs More Jack-Up Rigs to Hit 1.8Mb/d Mexico Production Target by 2030Demand for shallow-water rigs is rising in Mexico, according to the country’s largest offshore drilling operator, as state oil company…
North America4 weeks agoFire Breaks Out on California Gas Platform During DecommissioningThe U.S. Coast Guard and partners responded to a fire onboard a non-operational natural gas platform offshore Santa Barbara, California,…
North America1 month agoOTC Recognizes Industry Leaders With 2026 Distinguished Achievement AwardsHouston, Texas, USA (25 February 2026) – The 2026 Offshore Technology Conference (OTC) Board of Directors has selected this year’s…
North America1 month agoOil prices edge lower as U.S. waits for Iran response to deal proposalInvestors continue to assess the latest developments in the Middle East amid concerns over renewed tensions between Iran and the…
North America1 month agoShell and Kosmos put US Gulf hydrocarbon prospect on their 2027 drilling agendaU.S.-headquartered oil and gas exploration and production company Kosmos Energy and its partner, Shell, are planning to spud a prospect…