The Whale project largely replicates Shell’s Vito project, which started production in the Gulf of Mexico in early 2023. The ...

Oil prices have started 2025 strong, defying expectations of a downturn fueled by worries about slowing demand. Click to read ...

President-elect Donald Trump vowed on Monday to undo the executive order that applies to more than 625 million acres of ...

President Joe Biden is moving to ban new offshore drilling for oil and gas along most of the U.S. coast in a mad dash effort to halt any possible efforts by Trump's incoming administration to increase ...

Monday's announcement covers the entire East Coast and West Coast, the eastern Gulf of Mexico and a portion of the Bering Sea ...

U.S. President Joe Biden will ban new offshore oil and gas development along most U.S. coastlines, a decision President-elect ...

Donald Trump said he will work to immediately reverse President Biden's action to protect 625 million acres from offshore oil and gas drilling.

President Biden banned offshore oil and gas drilling on over 625 million acres of federal waters, making it a reversal for ...

President Joe Biden announced on Monday action to protect the entire U.S. East coast, eastern Gulf of Mexico, and the Pacific ...

President Joe Biden is moving to ban new offshore oil and gas drilling in most U.S. coastal waters, a last-minute effort to ...

2024 has been another strong year for the offshore drilling market with high rig, OSV and subsea utilization and day rates. Analysts wonder whether oil prices will remain high enough to support ...

The new record highlights the role of enhanced recovery techniques like precision fracking and improved drilling technologies, which have unlocked greater productivity from key oil fields.