If approved, BP aims to begin drilling in the Kaskida project in 2029 using high-pressure technology that could harvest up to ...

Transocean Ltd.’s RIG semi-submersible drilling rig, Transocean Barents, is making its way to the Neptun Deep project for a 10-well drilling mission, marking a significant phase in Romania’s offshore ...

The Ukrainian Navy has wiped out an elite Russian special forces unit stationed on the Syvash drilling platform in the Black ...

Ukrainian forces claim to have struck an elite Russian special forces unit stationed on an oil drilling platform in the Black ...

It was confirmed on the 20th that Korea National Oil Corporation (KNOC) has completed selecting the preferred negotiating ...

Eni subsidiary Nigerian Agip Oil Company is preparing the ground for an exploration well on the Ekedei Deep A prospect in OML 63 and a probe on its Grangbene Deep A and B structures. The operator is ...

The Korea National Oil Corporation has tapped Britain's BP as the preferred bidder for Korea's project to develop oil and gas ...

Amid cautious optimism that a "top kill" effort to cap the leaking well causing the Gulf oil spill is working, President Obama banned new offshore drilling Thursday until further notice.

ADX Energy is gearing up for a multi-well campaign in Upper Austria, targeting rapid, low-risk gas and oil production growth.

Florida legislators passed a bill banning oil drilling near the Apalachicola Bay to protect its ecosystem and shellfish industry. The bill prohibits drilling within 10 miles of the Apalachicola ...

American drivers will be happy to hear that oil prices have dropped by 19 percent. When oil prices drop, gasoline prices are soon to follow. However, for those who look deep into energy economics, ...