Reporting from Washington — The explosion and sinking of the Deepwater Horizon drilling rig have thrown a spotlight on the challenges and risks of deep-water drilling. President Obama has ...

After dual setbacks of a recession and the BP spill, the oil and gas industry is seeing signs of a global rebound in deep-water drilling, even as the outlook remains cloudy in the Gulf of Mexico.

Last week, the Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) approved the first new deep-water drilling permit since the Deepwater Horizon explosion and resulting oil spill.

Despite the Deep Water Horizon fiasco, deep-water drilling remains one of the worlds’ primary sources of crude. And among deep drilling rigs, this 56,860 ton Scarabeo 9 is king. Deep-water ...

NEW YORK, Aug. 30 (UPI) -- The technology to drill for oil deep underwater is ... up with our ability to explore and produce in deep water," Edward C. Chow, a former industry executive and now ...

Since the first oil rig in the Gulf of Mexico was built in 14 feet of water off the coast of Louisiana in 1938, offshore oil and gas companies have drilled in ever deeper waters to prospect for ...

In an interview with Fresh Air's Dave Davies, Fountain explains how deep-water drilling works thousands of feet below sea level and what may have gone wrong on the Deepwater Horizon. Fountain says ...

The Obama administration on Tuesday lifted the deep water oil drilling moratorium that the government imposed in the Gulf of Mexico in the wake of the disastrous BP oil spill. The administration ...

Deep-water drilling in the Gulf of Mexico could resume within weeks under a policy announced Monday by the Obama administration, which has come under increasing criticism from the oil industry and ...

Why is Christian Science in our name? Our name is about honesty. The Monitor is owned by The Christian Science Church, and we’ve always been transparent about that. The Church publishes the ...

China is going full Jules Verne as it prepares to go where no drill has gone before. As part of its Deep Ocean Drilling ...

SLB, an energy technology company, has been awarded a series of drilling contracts to enhance Shell’s deep and ultra-deep-water operations in multiple regions. The contract will support Shell ...