Transocean Ltd. RIG has announced new contracts for its ultra-deepwater drillship and harsh-environment semisubmersible rigs, collectively adding about $89 million to its firm contract backlog. The ...

Fifteen years after Deepwater Horizon, some scientists and environmentalists worry the industry’s new technology could bring ...

The second season of the oiliest show in television promises more black gold, the cartel's return, corporate crimes and lots ...

Young's age and background – things that might seem like disadvantages when it comes to more established industries – have become his secret weapons. When he walks into a room of executives twice or ...

WASHINGTON (AP) — The Trump administration announced on Thursday new oil drilling off the California and Florida coasts for ...

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that ...

The Trump administration is proposing new oil drilling off the California and Florida coasts for the first time in decades, ...

This will eventually make current production levels unsustainable," said Denzil West, CEO of Admiral Permian Resources, which produces about 25,000 bpd. THE ECONOMICS OF DRILLING ARE 'UPSIDE DOWN' ...

At the heart of the U.S. shale industry in Texas, oil production is climbing. But you wouldn't know that if you talked to ...

The Trump administration has announced new oil drilling off the California and Florida coasts for the first time in decades.