MOSCOW, March 27. /TASS/. A consortium of the Russian oil producer Lukoil and Italy’s Eni won Oil and Gas Block 28 located in the Gulf of Mexico during an auction held by Mexico’s national ...

These are among the biggest discoveries made in the Gulf of Mexico in the last decade. Petrobas, which shares the discovery with Exxon Mobil and Italy’s ENI, called the oil fields “one of the ...

Eni, which won rights to develop three more shallow water areas in the Gulf of Mexico last month, will accelerate development plans as it expects production by as soon as 2019, he said.

Eni and BP have resumed exploration activities in Libya, with drilling operations underway in the Ghadames Basin, according ...