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Oil companies have offered $279 million for drilling rights in the Gulf of Mexico in the first offshore lease sale in the ...

The all-cash transaction is valued at roughly $412 million after estimated tax benefits. The company plans to finance it through a mix of cash on hand and committed debt. Based on the present value of ...

The VanEck Oil Services ETF remains in a bullish trend, outperforming crude oil despite a bearish energy market. OIH benefits from rising OPEC+ output, pro-energy U.S. policy, and advances in LNG ...

Artificial intelligence isn’t a side experiment for oil and gas – it’s becoming the new frontier of competitive advantage. Across the industry, AI is changing the game, reshaping long-time workflows ...

Following 25 years of what oil and gas executives categorize as hostility to the industry, the state is now making a play to keep those companies from leaving. Concerned with the exodus of oil and gas ...

ALBANY, N.Y. (NEWS10)—-The New York Public Service Commission voted six to one to approve a long-term gas plan for National Grid Companies. During Thursday’s Meeting, the controversial North East ...

The Equinor-led partners in the mature multi-field Aasgard complex in the Norwegian Sea have made a near-field oil and gas discovery that can be connected to existing production facilities. The ...

U.S. Steel on Friday pinned blame for the deadly explosion Monday at the Clairton Coke Works on a valve failure that led to coke oven gas igniting, according to the company’s preliminary findings.

BP has made its largest oil and natural gas discovery in 25 years off the coast of Brazil, it said Monday, in a potential big boost for the British company following its strategic shift away from ...

On April 26th, 2025, an 82-year-old oil well, designated as Well #59, blew out near Garden Island Bay in Plaquemines Parish, resulting in over 9,400 gallons of oil spilling into the Mississippi River ...