Countries are starting to work out how to exploit the deep seas. But the truth is, we still don’t really know how they work.

Baker Hughes said its weekly US rig count fell for a fifth consecutive week to 563 rigs, the lowest level since November 2021 ...

The deepest offshore oil well was over 35,000 feet by the Deepwater Horizon, and the Maersk Voyager operated in the deepest ...

In the twilight depths of the Gulf of Mexico, about as deep down as a football field is long, U.S. Navy divers carefully snip ...

Oil regulators will let companies operating in North Dakota delay production in an attempt to keep drilling active in the ...

Good afternoon and happy Friday, readers! We’ve reached the end of another week and, with the help of our editor Joe Lawler, today’s Daily on Energy dives into all kinds of energy sources, including ...

The US drilling rig count decreased 3 units to reach 563 rigs working for the week ended May 30, according to Baker Hughes data. The count is down 37 units from the 600 rigs working this time a year ...

The companies’ combined operations in the basin will produce about 275,000 boe/d and control inventories of more than 2 ...

If OPEC+ output rises as expected, Todorova believes WTI prices could decline to $53 to $55 a barrel, while Brent could fall to $56 to $58 - marking declines of roughly 10% from current levels. If ...

The total number of active drilling rigs for oil and gas in the United States fell yet again this week, according to new data ...

The industry is bracing for the OPEC Plus oil cartel’s meeting on Saturday, which is widely expected to further increase oil ...

Two of the offshore drillers with a big exposure to Mexico's financially-troubled national oil company are encouraged that ...