Chevron is planning to invest more in offshore drilling projects next year. (Luke Sharrett/Bloomberg News) Chevron says it is planning to invest a larger share of its capital budget on offshore ...

The Trump administration is preparing to expand offshore oil drilling by proposing to auction new leases along previously off-limits stretches of the U.S. coastline as soon as 2026, according to draft ...

When the corroded pipeline burst in 2015, inky crude spread along the Southern California coast, becoming the state’s worst oil spill in decades. More than 140,000 gallons (3,300 barrels) of oil ...

Vayda guided Q4 2025 contract drilling revenues to be between $1.03 billion and $1.05 billion, and projected full-year 2026 contract drilling revenue in the range of $3.8 billion to $3.95 billion, ...

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It’s back—the federal government’s push to expand offshore oil drilling. As the headline last month in the Long Island newspaper Newsday reported: “Plan for New Oil Drilling Off Fla. and Calif. Coasts ...

WASHINGTON— The Trump administration’s proposal to dramatically ramp up offshore oil drilling could lead to 4,232 oil spills, dumping 12.1 million gallons of oil into ocean waters, according to an ...

The administration of United States President Donald Trump has announced new oil drilling off the California and Florida coasts for the first time in decades, advancing a project that critics say ...

The offshore drilling market is approaching a “turning point” with a material pick-up in demand likely next year, according to Saipem chief executive Alessandro Puliti. Addressing analysts on Thursday ...