Some small U.S. shale producers are putting the brakes on oil drilling as crude prices sink to multi-year lows and steep ...

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 Gulf of Mexico, changes it expects ...

Chevron said it is considering drilling an exploration well in the Walvis Basin off the coast of Namibia in 2026 or 2027.