The markets, however, are overlooking the oil giant's cash flows and moves to repay debt.

Exxon Mobil Corporation XOM has entered into a multi-year agreement with Helix Energy Solutions Group, Inc. HLX to carry out plug and abandonment (P&A) operations in the U.S. Gulf of Mexico, a region ...

Occidental Petroleum has lowered its Gulf of Mexico production estimate for Q2 due to curtailments and warned of lower oil ...

Occidental Petroleum said it expects second-quarter production to be within its previous guidance range despite some curtailments from third-party constraints. The oil-and-gas producer said Monday ...

U.S. shale producer Occidental Petroleum said on Monday its Gulf of Mexico production in the second quarter was curtailed due ...

Offshore drilling contractor Valaris Ltd., Houston, announced it has secured a pair of drillship contracts with Anadarko ...

Anadarko Petroleum Corp. has let contracts to Valaris Ltd. for drillships in the Gulf of Mexico.

Valaris Ltd, the offshore drilling firm, has signed two major contracts worth a combined $760 million with Anadarko Petroleum ...

Valaris Ltd has announced that it has been awarded a 940-day contract extension for drillship VALARIS DS-16, starting in June ...

The little-known provision in the bill means up to around $50 million per year extra for Louisiana over a decade — money that ...

US Gulf Oil Output Could Reach 2.4 million Bpd Despite Geopolitical Instability The U.S. Gulf of Mexico can continue growing oil output even amid geopolitical volatility not seen in decades, oil ...

What just happened? Google is being sued by Mexico over the tech giant's relabeling of the Gulf of Mexico as the Gulf of America for US Maps users, despite repeated requests from the country to ...