Profits for the two oil giants, which are locked in a standoff over drilling off the coast of Guyana, were squeezed by lower ...

WASHINGTON -- Alaska Sen. Frank Murkowski introduced a bill Monday he says will launch "a titanic battle" over whether there will be oil drilling in Alaska's Arctic National Wildlife Refuge ...

They had been burned multiple times over the past decade by over-drilling and causing prices to crash. But it turns out that maybe the experts in the oil industry knew what they were doing ...

While the battle over drilling in the refuge raged in the U.S. Congress, the Bush Administration leased vast tracts of the petroleum reserve and offshore waters to the highest bidder, a process ...

By JIM SPEHAR ...

Pennsylvania Republican lawmakers are suing the Delaware River Basin Commission over its drilling ban. They filed a federal lawsuit against the commission which supplies water to Philadelphia and ...

South Africa’s National Nuclear Regulator (NNR) has approved a visit by a British nuclear submarine to Simon’s Town Naval Base, near Cape Town, despite opposition from environmental groups ...

Pro tip: Wrap tape around the drill bit to act as a stop. That will prevent you from over-drilling into the bottom of the ...

At one, over drilling in the Arctic National Wildlife Refuge, the groups managed to halt a new government practice that is becoming increasingly familiar: forcing people at public hearings to testify ...

Ocean Rig, owners of the Eirik Raude, on January 31 was served a notice of breach of material obligations from Premier Oil under the drilling contract The Falkland Islands government would not ...

And don’t forget the dinosaurs. Profits for the two oil giants, which are locked in a standoff over drilling off the coast of Guyana, were squeezed by lower profitability for refining crude and ...