offshore drilling News
Latest articles and news about offshore drilling on AXL Media.
Latest Articles
- ExxonMobil Speeds Up Guyana Oil and Gas Projects Amid Surging Prices
Published: Mar 19, 2026
Section: Companies & Industry
ExxonMobil is aggressively accelerating its production timeline in Guyana to capitalize on the current global crude price surge. The U.S. energy major announced on Thursday that th...
- Joint Venture Dispute: ConocoPhillips Australia Initiates Buy-Out of 3D Energi Stake
Published: Mar 18, 2026
Section: Mergers & Acquisitions
The Australian subsidiary of energy giant ConocoPhillips has issued a formal buy-out notice to 3D Energi (TDO.AX) to acquire its 20% participating interest in the VIC/P79 explorati...
- Federal Government Invokes Defense Production Act to Force Restart of California Offshore Oil Pipeline
Published: Mar 14, 2026
Section: Companies & Industry
Energy Secretary Chris Wright has issued an emergency order to bypass California state regulators and restart a dormant offshore oil pipeline system. Citing national security risks...
- Nigerian Government Suspends $300 Helicopter Landing Fee Following Oil Industry Backlash and Operational Risks
Published: Mar 10, 2026
Section: Africa
The Federal Government has initiated a two-month suspension of the $300 helicopter landing levy previously imposed on the petroleum sector to prevent disruptions in oil production....
- Department of the Interior Proposes 1.3 Billion-Acre Offshore Drilling Expansion Amid Fierce Bipartisan Resistance
Published: Feb 27, 2026
Section: Environment
The Trump administration has unveiled a five-year leasing program to open nearly the entire U.S. Outer Continental Shelf to oil and gas exploration. Coastal governors and environme...