Oil companies declined to bid in a U.S. government auction for drilling rights in the Arctic National Wildlife Refuge.

Major oil companies submitted no bids. A state agency, the Alaska Industrial Development and Export Authority, was the ...

The US Interior Department said on Wednesday a congressionally mandated oil and gas drilling lease auction in Alaska's Arctic National Wildlife Refuge received no bids from energy companies. Outgoing ...

Trump, himself, issued a similar executive order in 2020 that banned drilling in the eastern Gulf of Mexico through 2032.

No companies bid for the chance to drill in the Arctic National Wildlife Refuge. It was the second auction in four years that ...

No oil or gas company sought to drill in a contentious wildlife refuge in Alaska, the Interior Department announced Wednesday ...

President Joe Biden has taken a significant step to reshape U.S. energy policy by banning new offshore oil and gas drilling across 625 million acres of federal waters. This sweeping prohibition, ...

Biden has banned new offshore oil and gas drilling for more than 600 million acres, but how will that really impact the ...

President Biden’s move to bar drilling across the U.S.’s East and West coasts, while splashy, may not have significant ...

Abu Dhabi’s offshore drilling contractor ADNOC Drilling has boosted its offshore drilling rig feet with the arrival of two new high-specification jack-up rigs. The new jack-up rigs, Al Jurf and Dana, ...

Rig contractors will focus their cuts on units with the least ... then dayrates will bottom out and start to rise once again. With drilling demand generally being pushed into 2026-27 instead of ...