New technologies and regulatory reforms have boosted the offshore industry, 15 years after the Deepwater Horizon catastrophe ...

The One Big Beautiful Bill Act opened the door for more frequent oilfield leases — and for Louisiana to collect a bigger ...

Ten years after an oil rig explosion killed 11 workers and unleashed an environmental nightmare in the Gulf of Mexico, companies are drilling into deeper and deeper waters, where the payoffs can be ...

Did you know that after the completion of the construction of one of the tallest buildings in the world - the Empire State ...

WASHINGTON (AP) - Interior Secretary Ken Salazar conceded Tuesday that the government failed to hold the oil industry accountable and ensure safety in offshore oil drilling. Salazar, in his first ...

Roughly 1.1 million gallons of crude oil spilled from a pipeline into the Gulf of Mexico in November 2023 because operators failed to shut it down for nearly 13 hours after their data first hinted at ...

The crucial question is whether companies will be willing to move forward on making significant investments in building ...

Top-paid oil rig operaters earn more than $89K. June 16, 2010 — -- The oil industry may be a magnet for controversy in the U.S. right now, with crude continuing to gush from BP's ruined deep ...

Around the world, thousands of offshore oil and gas platforms are reaching the end of their operational life. The International Energy Agency estimates that more than 12,000 exist globally – with more ...