A federal judge has ruled that the Department of the Interior can’t pause a lawsuit over several offshore oil and gas lease ...

Here, the ferries that shuttle workers to oil rigs in the nearby Gulf of Mexico periodically halt service due to nonpayment.

U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in three weeks, energy ...

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

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

The number of active rigs drilling for oil and gas in the U.S. fell by 1 to 592, their first decline in three weeks, Baker Hughes said.

Offshore rig market faces a challenging year ahead, with falling dayrates and weak demand amid contract suspensions and ...

Brazilian drilling contractor Constellation Oil Services has been awarded a new contract with Petrobras to carry out ...

Canada dropped 19 rigs for the week ended Mar. 21, according to Baker Hughes data. Canada dropped 19 rigs for the week ended Mar. 21, according to Baker Hughes data. With 180 rigs running, the ...

Hello and welcome to the newsletter, a grab bag of daily content from the Odd Lots universe. Sometimes it's us, Joe Weisenthal and Tracy Alloway, bringing you our thoughts on the most recent ...

A federal judge has ruled that more than 109,000 square miles of Gulf Coast federal were unlawfully opened up for offshore ...