Aker BP ASA drilled a dry well in production license (PL) 869 near Bøyla field in the North Sea.

U.S. oilfield services firm Halliburton has secured a contract from Petrobras for integrated drilling services across several offshore fields in Brazil.The contract scope includes drilling services ...

WASHINGTON — 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 ...

One of the plethora of executive orders President Donald Trump signed on his first day in office aimed at boosting oil and gas drilling, mining and logging in Alaska. While state political leaders ...

President-elect Trump blasted President Biden’s decision to block oil drilling across large swaths of the U.S.’s coastlines, saying he will “unban it.” “It’s ridiculous; I’ll unban ...

In the closing weeks of his term in office, President Joe Biden on Monday permanently blocked new oil and gas offshore drilling in large swathes off the Atlantic, Pacific and Florida Gulf coasts.

President Joe Biden banned new offshore oil and gas drilling along the U.S. coastlines, prompting complaints from President-elect Donald Trump that Biden is “doing everything possible to make ...

Biden invoked the 1953 Outer Continental Shelf Lands Act, which gives presidents broad authority to implement drilling bans, but does not give them the authority to reverse them—meaning Trump ...

President Joe Biden is planning to prohibit future offshore oil and gas drilling along most of the nation’s coastline, setting up a potential roadblock for Republicans’ plans to expand ...

President Biden’s move to bar drilling across the U.S.’s East and West coasts, while splashy, may not have significant climate or energy impacts in the years ahead. Because very little oil and ...