Some oil and gas service companies compared 2009 to the drilling drought of the 1980s, but new discoveries in shallow water could signal a turnaround

Last week was a good one for oil and gas service companies along the Gulf Coast, who have been searching for a light at the end of the tunnel

Back-to-back announcements of new building programs at shipyards in south Louisiana spelled relief for hundreds of workers after watching backlogs dry up

Republican response to State of the Union Address urges action to expedite expansion of offshore drilling in U.S.