Baker Hughes (BKR) reports that the U.S. rig count is up 6 from last week to 582 with oil rigs up 7 to 479, gas rigs down 1 to 98 and ...

Alaska's political leaders are cheering an executive order that aims to boost oil and gas drilling, mining and logging in the ...

She went on to say she agrees not all offshore areas need to be available for development and understands the desire of Alaska Tribes in the region to prevent any oil and gas development in nearby ...

Trump wants to "drill, baby, drill," but undoing Biden's offshore ban will likely require congressional action, and the politics of coastal drilling is complex.

A recent no-show for bidders in Alaska and political resistance show how expanded oil drilling is easier said than done.

On Jan. 6, President Joe Biden unexpectedly ended offshore drilling for oil and gas on the East and West coasts, the eastern ...

Kloza noted there are 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 ...

President-elect Donald Trump said that when he takes office he will "immediately" reverse President Joe Biden's recent ...

Biden, whose decision to approve the huge Willow oil project in Alaska drew strong condemnation from environmental groups, has previously limited offshore drilling in other areas of Alaska and the ...

The president is also expected to direct the Interior Department to swiftly develop a new plan for selling offshore drilling ...

ANCHORAGE, Alaska— The Department of the Interior published a decision today denying an extension of offshore oil and gas leases for the Liberty Unit in the Beaufort Sea. The leases were held by ...