
Gulf of Mexico still essential for energy
The deep waters of the U.S. Gulf of Mexico continue to be one of the more prolific sources of oil and natural gas, the federal government said. ... more
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Nigerian oil output may stay low through 2017
Nigerian crude oil production will likely remain suppressed by militant activity at least through next year, a report from the U.S. government said. ... more
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SpaceX to Acquire EchoStar AWS-3 Spectrum Licenses in $2.6 Billion Stock Deal
Robotic exosuit designed to assist astronaut movement tested in simulated lunar mission
OlmoEarth AI Platform Released to Expand Access to Planetary Data and Insights
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Reducing gas flares and pollution from oil production
Last year, dozens of major oil companies and oil-producing nations agreed to end the routine flaring of natural gas from wells by 2030.
This burning off of uncaptured methane in addition to si ... more
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DNO touts advantage of merging with Gulf Keystone Petroleum
If accepted, a merger with Gulf Keystone Petroleum, an Iraqi-focused company, would provide an advantage in terms of reserves, Norway's DNO said. ... more
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Oil now flowing from offshore Ghana
One of the bigger oil projects off the coast of West Africa has started production from a floating facility offshore Ghana, Tullow Oil announced Thursday. ... more
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Brent crude oil breaks through $50
Brent crude oil prices were on pace to hold above the psychological threshold of $50 per barrel as bullish sentiments gained momentum early Thursday. ... more
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Continental Resources sells acreage to balance books
The estimated $222 million received from the sale of shale acreage in North Dakota and Montana will help balance the books, Continental Resources said. ... more
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