WASHINGTON (AP) — President Joe Biden is moving to ban new offshore oil and gas drilling in most U.S. coastal waters, a last-minute effort to block possible action by the incoming Trump administration ...

Offshore drilling contractor Noble Corporation (NYSE:NE) reported Q1 CY2026 results topping the market’s revenue expectations, but sales fell by 10.2% year on year to $785.7 million. Its non-GAAP ...

On Friday, BP Canada announced that 136,000 litres of drilling mud was discharged from its West Aquarius rig about 330 kilometres from Halifax. The spill was stopped on Friday, and the company is now ...

Last year, the Trump administration announced plans to open up California’s coast to off-shore oil and gas drilling.

Public support for offshore drilling off the U.S. coast has fell from 59.2% of all Americans in 2022 to 52.4% in 2024. Opposition to offshore drilling is even prevalent in some of the most Republican ...

Clarkson Research projects offshore oil and gas capex this year to fall to $85 billion, the lowest since 2020.

“Stopping the expansion of offshore drilling has the potential to reduce emissions more than any other ocean-based solution,” said Dr. Kathryn Matthews, chief scientist at Oceana Offshore drilling ...

Seadrill Limited, an offshore drilling contractor, Kongsberg Maritime AS, a global technology leader, and Hanwha Drilling, a provider of offshore drilling services, announced a strategic alliance to ...

Florida’s congressional delegation is sending an aggressive message to the White House as President Donald Trump weighs opening new waters to offshore drilling: Keep our state out of your plans. The ...

As global efforts have been made to reduce offshore drilling and create a greener planet, the Biden administration will offer the fewest oil and gas lease sales in U.S. history — a limited but ...

By Luiza Ilie TUZLA, Romania, May 4 (Reuters) - Work has begun to lay pipelines for Romania's Neptun Deep Black Sea gas ...