New oil well drilling in Russia has accelerated to the fastest in five years despite the recent oil price decline, Bloomberg has reported, suggesting the pick-up in activity anticipates a further ...

A romantic view of the oil business, particularly the historic West Edmond Field, hides a hard fact: Those wildcatters left a ...

Russia’s oil producers have been drilling wells at a pace not seen in at least five years as the nation readies for both a loosening of OPEC+ output limits and the possibility of relief from ...

WASHINGTON, April 24 (Reuters) - The U.S. Interior Department said on Thursday it has implemented new guidelines for allowable pressure differences in a certain type of oil drilling in part of the ...

The policy dispute follows loud opposition to a proposed oil drilling project in the Apalachicola Basin. Opponents worry the project could hurt the environment as well as the economy and a group ...

TALLAHASSEE, Fla. (WCTV) - A bill that would ban oil drilling near the Apalachicola River is one step closer to landing on the governor’s desk. On Wednesday, the Florida Senate approved the bill ...

MIDLAND, Texas (KMID/KPEJ) – Drilling for oil is essential to the Permian Basin and across the country by powering the economy and providing workforce jobs. ABC Big 2’s Chris Talley spoke with ...

Interior Secretary Doug Burgum announced that all offshore oil drilling in the Gulf will now be able to tap multiple reservoirs at the same time — and at far higher pressure than previously ...