When ConocoPhillips won federal approval last year to explore for oil in the Alaskan Arctic, environmental groups warned the ...

A winter oil-drilling campaign planned by ConocoPhillips will proceed without interruption despite the dramatic wreck of an ...

Discover the remarkable story of the Petronius oil rig, an engineering marvel situated in the Gulf of Mexico. This video ...

The rig dubbed “The Beast” crashed to the ground while being moved Friday amid an ongoing winter exploration program in the ...

The Department of Environmental Conservation said it has been unable to get close to the wreckage due to worries that metal from Rig 26 might fall on response team members.

A long history of underinvestment, extreme political risk, and organized crime. These are just some of the issues that U.S. oil and minerals companies might face if they were to set foot into ...

A former contractor who helped assemble Doyon Drilling Rig 26 — or "The Beast" as it's known — described the project as a ...

Ukraine struck three Russian oil rigs operating in the Caspian Sea on Sunday following Moscow’s large-scale bombardment over the weekend that left thousands without heat or power in Kyiv. Footage ...

Located in the heartland of Venezuela's oil industry, on the Costa Oriental (Eastern Coast) of Venezuela's Lake Maracaibo, this quiet neighbourhood once helped to make the country one of the ...

Venezuela claims the world’s largest oil reserves, but most of that oil is extra-heavy, expensive to produce, and highly ...

A federal judge has refused to block a winter oil and gas exploration project in the National Petroleum Reserve-Alaska that ...

SLB, the world’s largest oilfield-services provider, raised its dividend and posted fourth-quarter earnings that beat ...