On a weekly U.S. oil production basis, volumes reached an all-time high of 13.63 million barrels per day in early December ...

The company intends to begin full production at the development, in the Timor Sea near Darwin, within months after its ...

First gas at Santos’ Barossa field is expected to begin within months after the project received final regulatory approval on ...

This isn’t a partisan issue. Polls show that two-thirds of voters, across party lines, support banning new offshore drilling.

The Trump Administration has revised offshore drilling rules to increase oil production in the U.S. Gulf by allowing greater pressure differences and accelerating project approvals.

The U.S. Interior Department said on Thursday it has implemented new guidelines for allowable pressure differences in a ...

"ConocoPhillips plans layoffs as part of restructuring effort following Marathon Oil acquisition" was originally created and published by Offshore Technology, a GlobalData owned brand. The ...