The Obama administration’s decision to forgo auctions of new oil and gas drilling rights in U.S. Arctic waters deals a blow to energy companies seeking to lock up new territory beyond the long-explored Gulf of Mexico.
American Midstream Partners LP will acquire JP Energy Partners LP to expand operations in North American basins including the Permian, Gulf of Mexico and Eagle Ford.
Oil major Shell has revealed fresh footage of the Turritella floating production, storage and offloading vessel after it achieved first oil at the Stones development in the US Gulf of Mexico.
Oil major Shell has agreed a $425million deal to sell all of its interest in a number of Gulf of Mexico Green Canyon blocks to EnVen Energy Corporation.
InterMoor has successfully completed final tensioning and chain cutting operations on the FPSO Turritella for the Shell Stones project in the Gulf of Mexico.
Oil majors are in talks with Mexico's state-owned Pemex as the struggling state-run oil producer seeks partners to develop deepwater crude in the Gulf of Mexico.
A representative of the native American Houma Nation Council will attend Shell’s annual general meeting next week to call on the board and investors to put an end to new offshore leases in the Gulf of Mexico.
Shell and the US Coast Guard have agreed to conclude skimming operations in their joint response to oil spill at the Glider field in the Gulf of Mexico.
The boss of BHP Billiton said the commodities giant will not wait for prices to recover and will invest in its oil division as it pursues "quality growth projects".
Cleaning up after the next major oil spill could be made easier thanks to scientists at Heriot-Watt University who have cracked the genetic code of marine bacteria that helped "eat" the crude spilled from the Macondo disaster in the Gulf of Mexico.
MRC Global has won a new maintenance, repair and operations agreement to be a preferred supplier of pipe, valves and fittings products and services to Chervron's operations in the Gulf of Mexico.
A federal judge in New Orleans has granted final approval to an estimated $20 billion (£14billion) settlement over the 2010 BP oil spill in the Gulf of Mexico.