Off-shore oil drilling currently accounts for over 35% of the world's total oil production, and that number has consistently risen over recent history. While a majority of oil extraction takes place ...

Brazil’s environment agency, IBAMA, has approved an environmental license for state-owned oil company Petrobras to drill for ...

One of California’s worst oil spills occurred off the Santa Barbara coast in 2015, when a corroded pipeline burst ...

Q2 profit S$161 million versus S$205 million year ago; O&M division net order book at S$3.4 billion. Singaporean conglomerate Keppel Corp posted a 21 percent drop in its quarterly profit and warned it ...

NEW ORLEANS (AP) — Fifteen years after the Deepwater Horizon oil rig exploded off the Gulf Coast, killing 11 and sending 134 million gallons (500 million liters) of crude gushing into the ocean, the ...

A Texas company wants to drill for oil off Santa Barbara County's coast. Experts say its path to oil sales is looking more ...

This weeks offshore rig review looks at the recent developments and deepwater discovery in Mexico that may drive changes in Pemex's long term strategy. The last several weeks have seen some ...

Rigs drilling beneath the deep waters of the Gulf of Mexico will drive U.S. oil industry growth this year and next as onshore ...

This week's offshore rig review looks at the trends and changes in the number of rigs that are cold stacked around the world. This week, worldwide offshore rig utilization held steady at 83%, as 543 ...

David Callahan is one of a few hundred people who are deep-sea oil rig divers, and he can’t imagine doing anything else Meredith Wilshere is a Society and Culture writer at PEOPLE. Her work has ...

An owl has been released back into the wild after it was rescued from a North Sea oil rig, after being blown off course by ...