In another move to increase offshore U.S. oil production, the Interior Department Thursday said it will use a new commingling ...

April 10 (UPI) --The Department of Interior on Thursday released an analysis of fossil fuel deposits showing an additional 1.30 billion barrels of oil in the Gulf of Mexico's Outer Continental shelf.

Chinese state-owned CNOOC has sold its Gulf of Mexico oil assets to UK-based Ineos ... China had not condemned Russia’s invasion of Ukraine. The company’s withdrawal from offshore USA comes ...