The total number of active drilling rigs for oil and gas in the United States fell this week, while weekly U.S. crude oil ...

The energy services provider, which had been undergoing a financial restructuring, employs about 2,000 people in Scotland.

A Santa Ynez Unit offshore oil platform as seen from El Capitán State Beach in southern Santa Barbara County. Credit: Giana Magnoli / Noozhawk file photo Sable Offshore Corp. announced that it resumed ...

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

In October 2007, a massive storm with 70-knot winds slammed into a Mexican oil platform in the Gulf of Mexico. The jack-up rig collided with a nearby wellhead, rupturing valves and releasing a deadly ...

A recent Houston Chronicle story reveals Trump administration plans to open large swathes of the California coast to offshore ...

Louisiana AG Liz Murrill is asking the DOJ to drop a $128 million lawsuit against insurers tied to the nation’s ...

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

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.

In July 2005, a routine day on the Samudra Suraksha support vessel turned disastrous after a cook accidentally severed his ...

Because of global oversupply, U.S. crude oil has been priced in the high 50s — below the break-even point for a lot of oil ...

We recently published 10 of Wall Street’s Outperformers. Transocean Ltd. (NYSE:RIG) is one of the top-performing stocks last ...