It marked the second time in four years an auction of oil and gas leases in the refuge’s 1.6-million-acre coastal plain flopped, coming after a 2021 sale held under President-elect Donald Trump ...

Mentor’s purchased royalty stream is the equivalent to 12.5% "off the top" of oil and gas revenues for its acreage, with no responsibility to pay any expenses. During the preceding six-months ...

Egypt plans to build a $7 billion petrochemical complex and launch new oil and gas auctions to boost domestic production. The country aims to enhance energy security and attract foreign investment ...

A federal judge has ruled that more than 109,000 square miles of Gulf Coast federal were unlawfully opened up for offshore drilling leases ...