For as long as there has been an oil industry, there have been oil spills. They're caused by a number of factors, from ...

Offshore drilling is a direct result of the growing global appetite for oil and gas ... bubble of methane caused an explosion and fire that sank the rig and claimed 11 lives.

It rents out specialized offshore drilling rigs, equipment and workers to help these companies drill wells in the ocean ... based integrated oil and gas service provider ExxonMobil XOM has ...

Since neither U.S. reconnaissance aircraft nor ocean surveillance ... result in exchange of fire. In another possible scenario, an attack by China on vessels or rigs operated by an American ...

In its first quarter 2025 results statement, ExxonMobil revealed its oil and gas production figures for the first quarter of this year. In its first quarter 2025 results statement, which was ...

Offshore oil rigs have made it possible to collect oil and natural gas from below the ocean's floor, appearing as massive megastructures in the middle of open water. Given their sheer size and ...

The downturn in oil prices is starting to show the relative strength and weakness between the world’s supermajors. BP plc and Chevron cut their buybacks while Exxon, Shell and TotalEnergies SE ...

As of last week, the number of rigs drilling ... chief executive of Exxon Mobil, told analysts on Friday. The financial results reported by Exxon, the largest U.S. oil and gas company, and Chevron ...

The CEO highlighted Exxon's 7% net leverage ratio, which leads not only all other international oil companies (IOCs) but also all large-cap industrial companies. He also pointed out that Exxon has ...

U.S. supermajor ExxonMobil plans to invest as much as $1.5 billion in deepwater oil and gas exploration and development offshore Nigeria, the local regulator, the Nigerian Upstream Petroleum ...