Oil markets stayed stuck on the fence Friday after Exxon Mobil and Chevron both posted stronger-than-expected profits, even ...

Something went terribly wrong on that Mexican oil rig - find out what really happened beneath the surface. Mom Worried If New ...

U.S. oil rig count falls to its lowest since 2021, while natural gas drilling activity continues to increase, according to ...

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

The Trump administration reopens Santa Ynez Unit with 190 million barrels of recoverable oil after 2015 spill, facing ...

The last count showed 422 active U.S. oil rigs in operation. That’s comparable to when the pandemic depressed demand for ...

Sable Offshore Corp. plans to restart oil production at all three of its offshore facilities near the Santa Barbara coast by ...

U.S. energy firms this week cut the number of oil and natural gas rigs operating for the 12th time in 13 weeks, energy ...

New tallies of the administration’s tax breaks and other incentives add up to tens of billions of dollars of benefits to the ...

Today 13 of California’s 27 remaining offshore platforms are what’s known as shut-in, or no longer producing oil. Platform Holly is among the dead platforms awaiting their afterlives.

Any offshore oil rig that extends past 1500 meters is considered to be an ultra-deepwater production facility. However, that's still nowhere close to the deepest man has explored in the ocean.