President Biden has permanently placed off limits significant portions of the country's outer continental shelf from future ...

The move comes just days before President-elect Donald Trump, who campaigned on reversing environmental regulations, returns to the White House.

The country’s first offshore oil drilling rig was built in the Santa Barbara channel in the late 19th century. By the 1920s, wooden piers and oil derricks filled the nearshore waters of ...

Kloza noted there’s plenty of existing offshore rigs pumping oil in the Gulf of Mexico and added that offshore projects typically take 6-8 years to come online. “I don’t see it as having any ...