Discover the incredible story behind the construction of the Petronius offshore oil rig, one of the most ambitious projects in the energy industry. This video takes you through the complex process of ...

Decades-old oil drilling may still be impacting rivers and streams today, with researchers finding biodiversity declines tied to wells.

New oil well drilling in Russia has accelerated to the fastest in five years despite the recent oil price decline, Bloomberg has reported, suggesting the pick-up in activity anticipates a further ...

The MarketWatch News Department was not involved in the creation of this content. LOS ANGELES, Feb. 5, 2026 /PRNewswire/ -- Last year, permit approvals for drilling new wells continued falling, but in ...

Learn about drilling mud, also known as drilling fluid, which facilitates borehole drilling for oil, gas, and sampling by ...

Ukrnafta, Ukraine's largest oil and gas company, drilled 25 new wells in 2025 and increased oil and gas output by 3.39% compared with 2024. Source: Ukrnafta Quote: "New drilling, well stimulations and ...

The modern oil industry began in 1859 with the drilling of the first oil well in Pennsylvania, leading to a boom that transformed the global economy. Oil's dominance was solidified by the rise of the ...

LOS ANGELES, Feb. 5, 2026 /PRNewswire/ -- Last year, permit approvals for drilling new wells continued falling, but in the first three weeks of January alone, California oil regulators issued more new ...