Off-shore oil drilling currently accounts for over 35% of the world's total oil production, and that number has consistently risen over recent history. While a majority of oil extraction takes place ...

The plan would mark the first new oil and gas leases in federal waters of the Pacific Ocean in more than four decades.

Who Actually Wins If Offshore Drilling Returns? (Hint: Not Us.) ...

Try as so many private and government organizations might, switching everywhere on Earth over to clean, renewable energy — including some strange sources being explored — is still a long way away.

Adnoc Drilling has won two offshore jack-up rig deals worth a combined $1.15 billion for 15 years from compatriot Adnoc Offshore. The jack-up deals will bring in “accretive rates that generate ...

A plan to expand oil and gas drilling, including seven areas in the Gulf of America off Florida, has been released by the ...