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Hess strikes oil in deepwater Gulf of Mexico

Hess Corporation (NYSE:HES), a 30 percent co-venturer in Guyana’s Stabroek Block, on Tuesday announced an oil discovery at the Esox-1 exploration well located in Mississippi...

Chevron farms into Shell’s Mexico deepwater blocks

US supermajor Chevron said on Friday it signed an agreement with Royal Dutch Shell to buy a 40% stake in three deepwater blocks on...

Oil Workers Evacuate GOM Rigs as Storm Strengthens

(Bloomberg) -- Oil and natural gas producers in the U.S. Gulf of Mexico began evacuating workers and shutting in output as a storm gathers...

Kosmos strikes oil at Gladden Deep

Kosmos Energy (NYSE: KOS) (LSE: KOS) announced on Tuesday an oil discovery at Gladden Deep in the US Gulf of Mexico (GOM) where the company...

US Gulf of Mexico oil production on track to set new...

Oil production in the US Gulf of Mexico (GoM) is poised to set new records in the imminent future, according to Rystad Energy. Thanks to...

Exxon explores selling U.S. Gulf of Mexico assets

(Reuters) - Exxon Mobil Corp is exploring the sale of many of its U.S. Gulf of Mexico assets, as higher oil prices prompt the world's...

Anadarko halts GoM operations ahead of ‘Gordon’

US oil company Anadarko said on Monday that it has evacuated workers and shut down production on two oil platforms in the northern Gulf...

U.S. oil prices rise as Gulf oil rigs evacuated ahead of...

(Reuters) - U.S. oil prices rose on Tuesday, breaking past $70 per barrel, after two Gulf of Mexico oil platforms were evacuated in preparation...

Date set for next Gulf of Mexico oil and gas lease...

(MAREX) U.S. Deputy Secretary of the Interior David Bernhardt has announced that the Bureau of Ocean Energy Management (BOEM) will offer approximately 78 million...

US to sell oil and gas leases in Gulf of Mexico

The US Department of Interior is set to allow oil and gas firms to explore and develop 77.3 million acres offshore Texas, Louisiana, Mississippi,...