At latitude 71.3 north, it will be 140 miles closer to the pole than Russia's Prirazlomnoye platform in the eastern Pechora Sea—the only other offshore rig currently producing oil in Arctic waters.

Youssef Salem, CFO at ADNOC Drilling, delves into the strategic importance of the deal and offered insights into what lies ahead for the company.. Conversation: ADNOC Drilling CFO on the $806M ...

Coastal residents want Gov. Ron DeSantis to sign HB 1143, a bill that would permanently ban oil drilling along the Apalachicola River.

Besides the BP oil spill, the lists includes the Great Recession of the early 2000s, COVID and Hurricane Michael. “You can see the decline,” she said, gesturing with her arms.

Fate unclear for ban on oil drilling along Apalachicola River in north Florida There's unconfirmed rumors of a veto by Gov. DeSantis, and a planned rally in Apalachicola to boost the ban.

A deadly explosion aboard the Piper Alpha oil rig leaves the surviving crew scrambling to reach the evacuation helipad. But when they get there, they are stunned to find flames and smoke everywhere.

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a seventh week in a row to the lowest since November 2021, energy services firm Baker Hughes said in its closely ...

A National Geographic investigation has found that Permian Basin energy exploration could taint residential aquifers with pollutants—as well as Carlsbad Caverns and other cave systems.

Associated gases put oil rigs in a real lose-lose scenario: burning the gas is an environmental hazard of its own, but the alternative — venting the gas directly into the atmosphere — is just ...

Gov. Jeff Landry turned heads this week when he accused the oil-and-gas industry of "hypocrisy" in a dispute over a bill making its way through the state Legislature. That bill ...

The miscellaneous rig count stayed the same at 3. The latest EIA data showed that weekly U.S. crude oil production rose again this week, from 13.401 million bpd to 13.408 million bpd.

The oil and gas rig count, an early indicator of future output, fell by four to 559 in the week to June 6, the lowest since November 2021. Oil rigs fell by nine to 442 this week, while gas rigs ...