"As we have taken the first step toward the full-fledged development of a deep-sea ... its oil demand for four years. Costs, however, remain a major hurdle for the development project, as drilling ...

President Joe Biden will move Monday to block all future oil and gas drilling across more than 625 ... the eastern Gulf of Mexico and the Northern Bering Sea in Alaska, the two people said.

The EW 953 deep-sea oil well project in the Gulf of Mexico ... high-pressure environments and temperature extremes, making drilling operations a difficult process. The drilling process involves ...

By Lisa Friedman Reporting from Washington President Biden is expected to permanently ban new oil and gas drilling in large ... could offer new protections to deep waters in the Eastern Gulf ...

Controversial proposals to allow deep-sea mining will be centre-stage at global ... "We need minerals to succeed with the green transition," Oil and Energy Minister Terje Aasland said in a statement.

Deep-sea mining may irreparably harm ocean ecosystems before we even have a chance to fully study its impacts. That's one reason the Center has taken a lead role against deep-sea mining. We're ...

And, unlike rare-earth mining on land, deep-sea ... drilling below the seabed. Chikyu is the only research vessel in the world equipped with a type of industrial-grade drill commonly used in oil ...

Technological breakthroughs, such as those related to ultra-deep oil and gas reserve exploration — as well as deep sea oil and gas ... In the oil drilling industry, wells that are between ...