The Trump administration will hold an auction for drilling oil and gas off the U.S. Gulf next month and has proposed another ...

The One Big Beautiful Bill Act opened the door for more frequent oilfield leases — and for Louisiana to collect a bigger ...

The Bureau of Ocean Energy Management, the federal agency that regulates offshore energy and mineral resources, announced ...

The Trump administration plans to auction offshore drilling rights across roughly half of the Gulf of Mexico next month, the ...

UNITED STATES, — Before former President Joe Biden left office, he issued a ban on new activity for certain areas of offshore oil and natural gas production. President Donald Trump has since issued an ...

A draft five-year plan for offshore oil development proposes selling leases on the West Coast, Gulf of Mexico and Alaska.

Reversing Biden administration policies that halted offshore leasing, prompting lawsuits and restricting oil and natural gas development, the Trump administration is expanding offshore capabilities.

By bnm Tehran bureau A Marshall Islands-flagged oil tanker sailing from the United Arab Emirates to Singapore made a sudden ...

Oil prices - a catalyst for the Gulf's financial markets - fell nearly 1%, weighed down by oversupply in the market, while ...

The average fuel price in the Gulf Coast region declined about 21 cents since last month. According to the EIA, gas prices ...

Petroleum futures did not show dramatic changes immediately following the release of the weekly data by the Energy Information Administration. The latest EIA data showed U.S. commercial crude oil ...