BP and Eni confirmed the preliminary results of the Capricornus 1-X exploration well in Namibia's Orange Basin.

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 ...

Commercial fishermen in the Gulf are still grappling with the effects of the BP oil spill, 15 years later. Photo courtesy of ...

Much has changed in the Gulf Coast region in the years since the Deepwater Horizon blowout and oil spill. In this piece, ...

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

The U.S. oil rig count stood at 506 at the end of March, down by 382 rigs since 2018, which was the peak in the last decade. "If oil prices stay in the $50s, oil rig counts will drop, and the drop ...

Brazil's government is preparing an extra auction this year of stakes in offshore oil areas to raise revenue, a plan which is gaining steam due to falling oil prices and rising uncertainty from U ...

Working on offshore oil rigs is no easy job. These workers face extreme weather conditions, long shifts, and physically demanding tasks in some of the most isolated places on Earth. But despite ...

The project, currently underway and set to continue through to 2026, highlights the precision, resilience, and innovation required for offshore environments. The rehabilitation involved a 600NB steel ...

Brazil plans to raise 20 billion reais ($3.4 billion) from this move. The auction addresses falling oil prices and fiscal concerns amid global uncertainty. Congressional support is expected to ...

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allowing the Caribbean nation to develop the Dragon gas field offshore Venezuela in partnership with Shell and do business related to the gas field with Venezuela’s state oil firm PDVSA.