Add Yahoo as a preferred source to see more of our stories on Google. Rescue boats attempt to put out the blaze from the Deepwater Horizon oil rig after it exploded on April 20, 2010. The disaster ...

Petrobras PBR, Brazil’s largest oil and gas company, has announced a significant natural gas discovery at the Copoazu-1 exploratory well in the GUA-OFF-0 Block, marking a major step forward for ...

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 ...

Democrats argue that the high-pressure, ultra-deepwater Kaskida project threatens Gulf of Mexico communities. Federal regulators are asking for additional details about BP’s deepwater drilling ...

Deepwater drilling is becoming increasing important in the oil and gas (O&G) industry as shallower reserves are depleted. According to Global Energy Monitor’s Global Oil and Gas Extraction Tracker, in ...

Houston’s oil giants came out on top during the first sale of oil and gas drilling rights in the Gulf of Mexico since 2023, offering a sneak peak into how the industry views offshore opportunities ...

HOUSTON--(BUSINESS WIRE)-- Global energy technology company SLB (NYSE: SLB) has been awarded a major drilling contract by Australian independent Woodside Energy (WDS) for its ultra-deepwater Trion ...

As Big Oil returns this week to the industry’s annual showcase for offshore energy projects and equipment in Houston, deepwater discoveries off Guyana, Namibia and the U.S. Gulf Coast will take the ...

SLB SLB, a leading energy technology company worldwide, has signed a string of deals with the British energy giant Shell plc SHEL to support its deepwater and ultra-deepwater assets. The energy ...

The White House announced today that all new deepwater drilling will require environmental reviews. What’s that you say? You assume an activity as transparently fraught with danger and risk as ...