As ExxonMobil has officially entered the battery materials race with its announcement to develop lithium production in the US, sources say the supermajor is in a prime position to exploit its drilling ...

Opening more of America's coastlines to oil and natural gas drilling won't cut energy prices anytime soon. And it won't greatly reduce the country's dependence on foreign oil. But it could bring ...

Jack has a degree in Medical Genetics from the University of Leicester.View full profile Jack has a degree in Medical Genetics from the University of Leicester. A geothermal energy company is claiming ...

ConocoPhillips has ordered a powerful new drilling rig that will surely crush long-distance drilling records in Alaska while allowing the company to unlock oil from a new field northwest of the Alpine ...

If you want to generate power by tapping the heat from beneath our feet, what better way than to drill an outrageously deep hole into a volcano? That’s what’s currently happening in Iceland. The BBC ...

But don't expect gasoline pump prices to fall anytime soon because of the new drilling. The offshore areas are located along relatively pristine parts of the U.S. Outer Continental Shelf, a new ...