The Well News on MSN

Feds say untapped offshore oil and gas could provide energy for a century or more

WASHINGTON - Untapped but technically recoverable oil and natural gas resources in the Outer Continental Shelf hold the ...

Stunning turnaround for California’s oil industry after Trump’s surprise executive order to help ease gas prices

Oil pumping operations are expected to begin imminently off the coast of California after President Trump issued an executive ...

Second U.S. Gulf oil & gas lease sale generates $47 million

The second auction of oil and gas leases in the Gulf of America since President Donald Trump’s election in 2024 drew almost $47 million in high bids, with 98% of the activity in offshore areas deeper ...
New Orleans City Business

Push to expand offshore oil production faces headwinds

Two upcoming Gulf auctions will offer 80 million acres each for offshore drilling. Trump administration‘s plan reverses Biden-era restrictions on lease sales. Environmental groups sued to block the ...
Business News

Triangle eyes Indonesian offshore oil and gas play with new study

Triangle Energy has signed a joint study agreement with an Indonesian institution for an offshore exploration area in Indonesia, overseen by the nation’s Directorate General of Oil and Gas. The six- ...

W&T Offshore: Natural Gas Opportunities And Middle East Tension Can Pump Upside

W&T Offshore has robust liquidity, efficiency, and drivers to justify its upside potential. Learn why WTI stock is a Buy.
The New Voice of Ukraine on MSN

Washington eases sanctions on Russian oil at sea

"To expand the global availability of existing supplies, the U.S. Treasury Department is granting temporary permission for countries to purchase Russian oil now stranded at sea," U.S. Treasury ...

Trump Strikes Iran’s Kharg Oil Hub, Urges Hormuz Reopening

The US struck military sites on Kharg Island, from which Iran exports almost all its oil, for the first time overnight, ...