Operator OMV Petrom says the Neptun Deep development is on schedule, as it details its importance to the company and the host ...

The total number of active oil and gas drilling rigs in the US decreased by four to 576. US crude oil production fell to 13.477 million bpd, down from 13.481 million bpd the previous week.

“Every new offshore well is another toxic threat to marine wildlife, so I’m glad federal officials will consider looking at these harms before greenlighting more Gulf oil drilling,” said David Derrick ...

The number of active rigs drilling for oil and gas in the U.S. rose by 2 to 588 for a third consecutive weekly gain, Baker Hughes said.