Cornelius’ track record shows concerning errors which led to disastrous company investigations: He was Freeport LNG’s ... at Independence Contract Drilling and resigned only months before ...

A key pledge of President Donald Trump’s energy policy is to “unleash American energy,” make the U.S. energy industry ...

The U.S. Interior Department said on Thursday it has implemented new guidelines for allowable pressure differences in a certain type of oil drilling in part of the Gulf of Mexico, changes it expects ...

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

The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday, following a 2 rig dip in the prior week.

In contrast, on the production side, autonomous drilling equipment is now standard, ranging from remote control, tele-remote and semi to completely autonomous. Exploration drilling technology is ...

The BP Deepwater Horizon spill forced massive job losses and damage to ecosystems and wildlife and nearly put a Gulf boat ...

The number of active rigs drilling for oil and gas in the U.S. fell by 1 to 592, their first decline in three weeks, Baker Hughes said Friday in its latest report. The decline reduces the total ...

Of the rigs drilling offshore, 11 were in the Gulf of Mexico, a decrease of 1 unit from a week ago. Rigs targeting natural gas increased by 1 unit to 97. Those rigs targeting oil, meanwhile ...

Many companies say they cannot drill profitably if oil prices fall under $65 a barrel. New tariffs will make it more expensive to buy steel and equipment, industry watchers said, which could ...

According to the ANP, 31 companies are registered and able to bid, including Petrobras, ExxonMobil, Shell, Chevron, Equinor ...