At latitude 71.3 north, it will be 140 miles closer to the pole than Russia's Prirazlomnoye platform in the eastern Pechora Sea—the only other offshore rig currently producing oil in Arctic waters.

Just one large mobile drilling rig, the Spartan 151, still works offshore in Cook Inlet. Last week, its five-dozen workers were hustling to finish two new wells for a small oil and gas firm, Furie.

Deep below the ocean floor outside Anchorage this spring, a huge drill bit chewed through multi-million-year-old sandstone, sending crushed bits of rock back to the surface through a mile-long hole.

Inexperience and mistakes combined to cause one of the costliest accidents in offshore drilling history. Donald Trump's approval rating changes after "No Kings" protest ...

A proposal to auction millions of acres of federal lands to pay for President Donald Trump's budget proposal has been ruled ...

Firms limited to those located or headquartered in the Federal Reserve's eleventh district; Chart: Axios Visuals President Trump wants to "drill baby drill." But many producers in the heart of the oil ...

Senate Parliamentarian Elizabeth MacDonough has ruled against provisions in the GOP megabill to enact President Trump’s agenda that would dramatically accelerate the approval of offshore oil and ...

Caribou, migrating birds and many other types of wildlife rely on this expanse of wetlands and tundra. Humanity and the ...

The National Petroleum Reserve in Alaska could see more oil and gas exploration if the Trump administration is successful in reversing Biden-era limits on drilling for hydrocarbons in an area that ...

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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 ...

Native American News Environmentalists criticize Trump administration push for new oil and gas drilling in Alaska Published: Jun. 04, 2025, 5:55 p.m.