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Shell’s Olympus platform readies for Gulf of Mexico journey

The 10 million-pound drilling rig for Shell's Olympus oil platform will begin a four-day voyage along the Texas coast on Thursday to be joined with its massive hull. See photos of the record-setting...

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Video: Sikorsky’s new helicopter takes flight

Sikorsky doesn't expect the drop in crude oil prices to hurt its business, even though the oil industry is a big customer.

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Fire on Gulf oil platform forces evacuation of 28 workers

The Coast Guard reported a light sheen of oil could be seen from the air along a more than one-mile stretch of water. Also, about 4,000 barrels of crude oil is stored on the platform.

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Investigation ongoing into failure at Chevron’s Big Foot project

Chevron's beleaguered Big Foot platform has been towed back to South Texas while the company continues to investigate the failure of equipment used to latch the hulking steel platform to the seafloor.

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Embattled Paragon Offshore risks delisting from NYSE

Paragon Offshore's listing could get dropped from the New York Stock Exchange if the Houston-based offshore driller is unable to continue adhering to the exchange's listing standards.

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Trial date set for Black Elk Energy over 2012 Gulf blast

A court filing Thursday says the jury trial in New Orleans is scheduled to start on Jan. 17, 2017, and last approximately four weeks.

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