Lawsuit challenges the approval of an exploratory drilling program in Alaska petroleum reserve

A new lawsuit seeks to overturn the recent approval of an exploratory drilling program in the National Petroleum ...

Gulf of Mexico under pressure from oil industry’s new deepwater technology

Early one morning in March 2010, Captain Gary Jarvis cast a heavyweight line into the Gulf of Mexico from the deck of his ...

After Deepwater Horizon, some worry oil industry’s new tech could threaten Florida

Early one morning in March 2010, Captain Gary Jarvis cast a heavyweight line into the Gulf of Mexico from the deck of his 57 foot charter boat, Backdown 2. The sun hadn’t yet risen. But bright white ...
Oil

North American weekly rig count rises as counts in Canada, US both increase

North American drilling activity posted an increase for the week ended Nov. 21, with 749 total rotary rigs working in the US and Canada this week. North American drilling activity posted an increase ...
Seeking Alpha

U.S. oil rig count tumbles to lowest in more than four years, Baker Hughes says

The number of oil and gas drilling rigs in the U.S. fell by 10 to 544, after rising for five out of the previous six weeks, Baker Hughes said Friday in its latest weekly report. In the shortened week ...
Reuters

US drillers cut oil rigs to lowest in four years, Baker Hughes says

NEW YORK, Nov 26 (Reuters) - U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in four weeks, with oil rigs dropping to a four-year low, energy ...
History Snob on MSN

How The Deepwater Horizon Oil Spill Actually Happened

You've probably heard about the Deepwater Horizon disaster—the largest marine oil spill in history. But how much do you really know about what happened, and why? More than a decade has passed since ...
Bloomberg L.P.

UK Keeps Oil and Gas Windfall Tax in Blow to Industry, OBR Says

The UK government will stick with a controversial windfall tax for North Sea oil and gas producers until the end of the decade, dismissing complaints that the levy hurts investment and jobs. The ...
Barron's

Oil Could Fall to the $30s—Unless Someone Turns Off the Taps

Oil companies are pumping out crude at a record rate, and demand can’t keep up. That dynamic could continue through 2027, according to JP Morgan strategist Natasha Kaneva. And if it does, oil prices ...
ABC7

Trump administration announces plan for new oil drilling off the coasts of California and Florida

WASHINGTON -- The Trump administration announced on Thursday new oil drilling off the California and Florida coasts for the first time in decades, advancing a project that critics say could harm ...
Tallahassee Democrat

Could Trump's plan bring more oil rigs off Florida? What we know

A plan to expand oil and gas drilling, including seven areas in the Gulf of America off Florida, has been released by the Trump administration. Maps show proposed areas for drilling off Florida, ...