The federal government has restricted drilling in the eastern Gulf of Mexico, including areas off Florida and Alabama, since 1995 due to concerns about oil spills. California has ...

December WTI crude oil (CLZ25) on Monday closed up +0.38 (+0.64%), and December RBOB gasoline (RBZ25) closed up +0.0308 ...

The Interior Department released its plan to open up federal waters off California’s coast to oil drilling, setting up a ...

The semi-submersible Hai Yang Shi You 981 has been the focal point of outrage from the Hanoi government after state-owned China National Offshore Oil Corporation recently started drilling with the rig ...

India’s state-controlled Oil and Natural Gas Corporation (ONGC) has appointed energy and marine consultancy ABL to oversee the company’s rig moves between September 2025 and May 2026. ABL will act as ...

Oil prices fell on Friday as the US worked to secure a peace agreement between Russia and Ukraine, a move that could increase global supply. Br ...

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, after a 4-rig increase in the week prior. The ...

Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. The total number of active drilling rigs for oil and gas in ...