offshore drilling

By Jennifer A. Dlouhy (Bloomberg) — The Obama administration’s decision to forgo auctions of new oil and gas drilling rights in U.S. Arctic waters

By Ari Natter and Jennifer A. Dlouhy (Bloomberg) — A long-shot bid to convince the Obama administration to use 24 words of a 1953 law to permanently

By Perry Williams (Bloomberg) — BP Plc has abandoned oil exploration in the offshore Great Australian Bight, five years after it began searching for

By Mikael Holter (Bloomberg) — Offshore oil-rig operators, grappling with the biggest industry downturn in a generation, say they finally have the bottom

by Mikael Holter (Bloomberg) Oil and gas companies operating in Norway, western Europe’s biggest producer, cut investment forecasts further for this year and

Ocean Rig shares crashed nearly 60% Friday after the deepwater drilling contractor announced that it could wind up filing for bankruptcy amid ‘extremely

By David Wethe (Bloomberg) — Transocean Ltd.’s profit dwindled in the second quarter as the world’s largest offshore driller struggles to win

By Peter Coy (Bloomberg) The U.S. and other coastal nations could lose millions of square nautical miles of ocean that are now in their exclusive economic

BY GWLADYS FOUCHE AND STEPHEN JEWKES (Reuters) European suppliers to the oil industry, hit by their customers’ spending cutbacks over the past two years,

by Jennifer A. Dlouhy (Bloomberg) — Environmental activists who dangled from bridges and paddled kayaks around an Arctic rig have a new strategy for

By Tom Wilson and Candido Mendes (Bloomberg) — Angola’s oil minister accused neighboring Democratic Republic of Congo’s government of wrecking an

By Jennifer A. Dlouhy (Bloomberg) — Congressman Steve Scalise leaned over the railing of the Chevron Corp. oil platform floating in inky blue waters 250

By Jennifer A. Dlouhy (Bloomberg) — The Obama administration is imposing tough new regulations for offshore drilling nearly six years after the Deepwater

By Joe Carroll (Bloomberg) — The world’s biggest oil explorers are fighting a U.S. plan to toughen offshore drilling rules that Exxon Mobil Corp. said

By Jennifer A. Dlouhy (Bloomberg) — The Obama administration will issue sweeping new regulations on offshore drilling Thursday, imposing potentially

By David Wethe (Bloomberg) — Leaders of the world’s largest suppliers of offshore drilling rigs and the services that go with them see the oil market

The U.S. Bureau of Safety and Environmental Enforcement (BSEE) has established a former Investigative Panel to probe the recent death of an offshore worker in

By Valerie Volcovici WASHINGTON, March 15 (Reuters) – The Obama administration reversed course on Tuesday on a proposal to open the southeastern Atlantic

By Jennifer A. Dlouhy (Bloomberg) — From the shores of Savannah, Georgia, to the Beaufort, North Carolina beachfront, coastal communities in conservative

By Peter Millard (Bloomberg) — Major oil producers are beginning to confront the need to develop offshore prospects in Brazil, or lose them. Total SA and