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

The total number of active drilling rigs for oil and gas in the United States rose by 1 this week, according to new data that ...

U.S. energy firms this week added oil and natural gas rigs for the first time in three weeks, energy services firm Baker ...

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.

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

Discover the remarkable story of the Petronius oil rig, an engineering marvel situated in the Gulf of Mexico. This video explores the technological innovations and challenges faced during deep-sea oil ...

Before I left for my break over the holidays, I penned an article outlining what I expected for crude in 2026. That is not an original idea, I will grant you, but I have found over the years that ...

WASHINGTON ― Some of America's top oil executives told President Donald Trump their companies aren't ready to invest in oil operations in Venezuela unless major changes are made to ensure the ...

So, about all that Venezuelan oil. Although President Trump has declared that America’s oil companies will soon “go in” to Venezuela and “spend billions of dollars” to rebuild that country’s petroleum ...

Major oil firms expressed interest — with reservations — about doing business in Venezuela as President Trump said Friday he’s seeking a deal to decide which companies will drill in the Latin American ...

Venezuela has the world’s largest oil reserves—but history, costs, and political risk raise questions about whether U.S. oil companies are ready to invest. Tapping into Venezuela’s oil reserves has ...