By bne IntelliNews BP announced on April 14 that it had made an oil discovery at the Far South prospect in the US Gulf of Mexico. The company operates Far South with a 57.5% interest, while Chevron ...

Grand Gulf Energy Ltd. entered into a binding option agreement to gain an exclusive option to acquire Wrangel Pty Ltd., which ...

Company has been involved in lucrative State deals including G2G oil import tender. Tullow has been trying to get a strategic ...

Chief executives of the US Gulf’s larger players, including Chevron’s Mike Wirth and Occidental’s Vicki Hollub, touted the ...

In a statement posted on its website on Monday, BP announced “an oil discovery at the Far South prospect in the deepwater U.S. Gulf of America”. BP noted in the statement that it drilled the ...

Tullow Oil said it agreed to sell its Kenyan assets to Gulf Energy for a minimum of $120 million in cash with the potential for additional royalty payments.

The angry mutterings at the Permian Basin Petroleum Association’s “Spring Swing” golf tournament this week weren’t all about ...

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Brookfield Asset Management through its infrastructure business will buy Colonial Enterprises in a deal that gives the refined-oil products pipeline firm a roughly $9 billion enterprise value.

Shell Midstream Operating LLC (SMUS), a subsidiary of Shell plc ("Shell"), has agreed to sell its 16.125% interest in ...

Shell said it would sell its 16.125% stake in Colonial Enterprises to Brookfield Infrastructure Partners for $1.45 billion as it continues to simplify is portfolio. The British energy major said the ...