Seven revolutionary technologies to be spotlighted at LAGCOE in October.
Oilfield services company Baker Hughes Inc. says the number of rigs actively exploring for oil and natural gas in the U.S. dropped nine this week to 1,767.
The Gulf of Mexico deepwater rig count is up to 48, quite a turnaround from the 11 deepwater rigs running post-BP disaster.
A New Orleans-area flood control board refused to back down Thursday from its lawsuit seeking damages from nearly 100 oil and gas companies over coastal erosion allegedly caused by dredging and digging for canals and pipelines. But the board offered an olive branch to the suit's opponents, including Gov. Bobby Jindal and his coastal protection chief.