West Africa deep-water discovery disappoints
Exploration and production firm Marathon Oil Corp. announced a new deep-water natural gas discovery Monday off the coast of West Africa.
View ArticleCobalt announces major discovery in offshore Angola
Cobalt International Energy has found more oil and gas trapped under salt formations in an exploratory well off the coast of Angola, a “major discovery” that could hold reserves of 700 million to 1.1...
View ArticleKay Bailey Hutchison joins board of Cobalt International Energy
ormer U.S. Sen. Kay Bailey Hutchison has been named to the board of directors of Houston-based Cobalt International Energy, the company said Monday.
View ArticleGulf’s bounty commands attention amid shale drilling boom
Technological innovations are helping to unlock untapped areas of the Gulf — and even allowing companies to breathe new life into old projects.
View ArticleFeds collect millions in Gulf oil drilling sale, despite falling prices
Slumping oil prices tempered some of the industry's enthusiasm for new drilling rights in the Gulf of Mexico -- but not much.
View ArticleCobalt’s CFO resigns
Cobalt International Energy, after the close of the market Tuesday, announced its chief financial officer is leaving “to pursue other interests.”
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