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Walton Morant is an offshore exploration block measuring 8,649 square miles (22,440 square kilometers) and located south of Jamaica.

The amended deal includes an updated price of approximately $10.5 billion.

'We believe we will see a slight uptick in activity this year'.

High commodity prices and increasing oil and gas supply are set to push upstream sector payments to governments to an all-time high this year.

The share of fossil fuels in energy consumption in the European Union in 2022 stood at 70.9 percent.

The initiative will help increase income using underutilized renewable technologies including smaller-scale wind projects.

The UK and US will work together to increase energy security and drive down prices, as part of a new energy partnership.

Biden signed into law a bipartisan proposal prohibiting the importation of Russian uranium into the U.S.

Equinor received approval to proceed with the construction of the 816-megawatt wind power project offshore New Jersey and New York.

The BOEM completed the final EIS for two wind projects by Shell and EDF in New Jersey waters.