ExxonMobil, through its subsidiary ESSO Exploration and Production Nigeria Offshore East Limited, has announced a $1 billion ...

Trinidad and Tobago’s bid to open a new frontier in deepwater energy exploration has received a major endorsement from global energy giant ExxonMobil.

Noble's profitability and lean balance sheet stand in sharp contrast to Transocean's $2.9B loss, but scale and valuation tell ...

The Nigerian Upstream Petroleum Regulatory Commission has welcomed ExxonMobil’s decision to invest $1bn in the Usan Infill Project located in Oil Mining Lease 138, describing the development as a ...

Transocean Ltd. RIG has officially commenced operations for British energy major BP p.l.c. BP in the Gulf of America (formerly the U.S. Gulf of Mexico). This milestone marks the beginning of a ...

India ramps up oil exploration after a global energy shock exposes import risks, with minister Hardeep Singh Puri saying the ...

The White House announced today that all new deepwater drilling will require environmental reviews. What’s that you say? You assume an activity as transparently fraught with danger and risk as ...

There is a lot of buzz over Senator Frank Lautenberg’s suggestion that oil companies be required to drill a relief well at the same time as they drill any deepwater production well. That would allow ...

India’s state-controlled Oil & Natural Gas Corporation (ONGC) is poised to launch a deep-water exploration campaign in the Andaman basin, off the country’s eastern coast. ONGC told Upstream on ...

Hit by the biggest energy supply shock in decades during the Middle East war, import-dependent India is expanding domestic ...