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 ...

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

An oil rig traveling in the far reaches of Alaska’s North Slope crashed last week, renewing concerns about the environmental ...

Offshore drilling contractor Seadrill has strengthened its forward workload after securing a series of contract awards and ...

The total number of active oil and gas drilling rigs in the United States decreased by 2 to 537 this week, marking a continued slump. US crude oil production dipped for the second consecutive week, ...

Off-shore oil drilling currently accounts for over 35% of the world's total oil production, and that number has consistently risen over recent history. While a majority of oil extraction takes place ...

Seadrill shares rose premarket after it secured about $235 million in new and extended rig work across Malaysia, Norway and ...

ExxonMobil affiliates have awarded to Noble, including a 2-year project in Nigeria with options for extension and additional ...

More than 50 years ago, a catastrophic oil spill along Santa Barbara’s coastline served to galvanize the modern environmental movement and also helped to usher in one of the state’s strongest ...