A new drill that uses super-hot water to cut through rock could help make geothermal energy a viable alternative to fossil fuels. Made by Redwood City, Calif.-based Potter Drilling with funding by ...

China’s largest offshore oil and gas producer is preparing to double its deep-water drilling capabilities as it targets ocean depths of 3,000 meters. China National Offshore Oil Corp. recently ...

Attorneys for the city of Midland, the oil capital of Texas, made an unusual request to state regulators this year: Could they be allowed to challenge drilling permits? Midland isn’t contesting ...

The anticipated upcycle in deepwater drilling has been deferred to 2026 or later due to factors like FPSO lead times, regulatory approvals, and capital discipline. Despite the delays, the long-term ...

Oil and gas extraction is pervasive among the coasts of the world. In many areas, such as the Gulf of Mexico and off the coast of west Africa, resource exploration companies have been moving into ...