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 ...

Drilling for oil is essential to the Permian Basin and across the country by powering the economy and providing workforce jobs. ABC Big 2’s Chris Talley spoke ...

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

Finding new sources of critical minerals is a costly business. Worldwide, companies spent $12 to $13 billion on exploration in 2023. The upshot: mining is the definition of a hit-or-miss business.

Drilling activity inched higher as more rigs went to work across the U.S. for the first time in four weeks. Oilfield services firm Baker Hughes said its weekly U.S. rig count rose two rigs to 585 for ...

U.S. energy firms this week cut oil rigs by the most in a week since June 2023, lowering the total oil and natural gas rig ...

Burgham touted ramping up oil and gas drilling in coastal areas. Related Trump loosens coal mining restrictions as part of efforts aimed at 'unleashing American energy' Trump invites oil industry ...

Mehran Mokvandi has said that the country plans to purchase 15 new oil drilling rigs in the calendar year that ends in March 2026 with an investment of $800 million. Mokvandi said that the firm plans ...

The benefits, they say, are myriad. Automated exploration drill rigs can improve safety by removing people from high-risk situations and requiring less driller intervention, helping ease acute ...

Borr Drilling (NYSE:BORR) +9.3% pre-market Tuesday after announcing new contract commitments for three of its premium jack-up rigs, with other rigs in its fleet also preparing for drilling jobs.

“The Trump administration is willing to steamroll local communities and sacrifice the state’s irreplaceable biodiversity for the sake of oil and mining industry profits.” Aside from drilling ...

(Bloomberg) — Exxon Mobil Corp. is facing no shareholder proposals this proxy season for the first time in at least 25 years. The absence of requests in Exxon’s proxy statement comes a year after the ...