A drilling rig is shown near Arnegard, North Dakota, in September 2024. Advancements in drilling technology are helping oil ...

Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. U.S. shale producers are not embracing the "drill, baby, drill" mantra ...

Suriname’s long-awaited offshore oil boom, anchored by TotalEnergies’ GranMorgu project, promises economic relief but faces ...

HOUSTON, Oct 15 (Reuters) - Rigs drilling beneath the deep waters of the Gulf of Mexico will drive U.S. oil industry growth this year and next as onshore production slows due to lower prices and ...

This is read by an automated voice. Please report any issues or inconsistencies here. The Trump administration could offer drilling rights off the coast of California for the first time in more than ...

Rigs drilling beneath the deep waters of the Gulf of Mexico will drive U.S. oil industry growth this year and next as onshore production slows due to lower prices and maturing shale fields, and ...

U.S. oil output hit a record 13.84M barrels per day in September. New Mexico, Alaska and Oklahoma drove monthly production gains. Offshore Gulf production reached its highest level since 2020.

If the Bureau of Ocean Energy Management has its way, a huge swath of the Eastern Gulf of Mexico, long considered off limits, will be opened to offshore drilling. A map released Nov. 20 includes a ...