Chinese state-owned oil giant CNOOC Ltd., which stands for China National Offshore Oil Corporation, has followed through on an earlier announced sale of its Gulf of Mexico assets to Britain’s Ineos Energy. “This is a major step for us into the deepwater Gulf of Mexico, which builds on our growing

The Department of the Interior just announced that it’s revving the engine on another offshore lease sale in the Gulf of Mexico, which was recently renamed by the Trump Administration to the Gulf of America, slated for 2025. Secretary of the Interior Doug Burgum made it crystal clear: the era of

On the eve of the first-ever Central Asia-European Union summit, Kazakhstan announced the discovery of vast deposits of rare earths, a big nugget of information clearly designed to attract foreign investment. The two-day summit kicked off on April 3 in the Uzbek city of Samarkand, with the leaders

Several of Europe's top diplomats called out Russian President Vladimir Putin for failing to agree to a US-led peace proposal to end the war in Ukraine amid signs Washington has grown wary of the Kremlin's intentions during several weeks of talks. Several of Europe's top diplomats, commenting

The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday, following a 1 rig dip in the prior week. The total rig count in the US fell by 2 to 590 rigs, according to Baker Hughes, down 30 from this same