Shell greenlit a new oil recovery project in the Gulf of Mexico Tuesday, an effort to prolong the life of one of its platforms by several years. The project, expected to come online in 2028, will use ...

Around the world, thousands of offshore oil and gas platforms are reaching the end of their operational life. The International Energy Agency estimates that more than 12,000 exist globally – with more ...

Over 50 migrants were headed to the Italian island of Lampedusa Sunday after a charity ship rescued them from an abandoned oil platform in the Mediterranean, where one woman gave birth, according to a ...

Off-shore oil drilling currently accounts for over 35% of the world's total oil production, and that number has consistently risen over recent history. While a majority of oil extraction takes place ...