RIG holds a strong position in offshore drilling with high demand and innovative technology, but its high debt and financial losses could affect growth prospects.

Amid a legal battle over an oil and gas drilling effort near Northwest Florida’s Apalachicola River, state House and Senate ...

WASHINGTON — Working to dismantle his predecessor’s environmental legacy, President Donald Trump signed an executive order on Friday aimed at expanding drilling in the Arctic and opening other ...

Over a decade on from the Deepwater Horizon oil spill, could we do a better job at cleaning it up today? (Credit: Getty Images) Major oil spills can be catastrophic for seabirds and marine life.

BP asked a federal judge Thursday to sanction its cement contractor on the ill-fated Deepwater Horizon drilling project, accusing the company of withholding critical evidence that could have been used ...

Oil giant BP has agreed to pay $20bn to settle claims with the US stemming from the company's Deepwater Horizon oil spill. An explosion on BP's deep-water drill, off the coast of Louisiana in 2010 ...