RIG, announced plans to acquire Valaris in an all stock transaction valued at $5.8b. The deal would combine two major ...

War on Iran shuts Hormuz; Brent could hit $150 soon, with $200 possible by 2026, as producers hedge and rig counts stay flat.

Maritime infrastructure company SFL has secured a drilling contract valued at around $170m from a multinational oil and gas operator for the use of the Hercules semi-submersible rig in Canada. The ...

The rig’s owner SFL Corporation confirmed in an Oslo Stock Exchange announcement the rig has been contracted by “a large, ...

Private jets fly over dilapidated Maracaibo as executives seek deals and crude prices surge. A real recovery will not be easy ...

Yet, far from a novel response to an unexpected emergency, the order is actually an escalation in a preexisting battle ...

After the December acquisition of Antero assets in Ohio, capital spending is set to grow to more than $450 million this year.

President Trump is asserting executive authority to demand California restart controversial offshore oil drilling along its coastline amid soaring gas prices during the war with Iran. Gov. Gavin ...

Drilling contractor pencils in plans to build four jack-ups and three semisubs over next five years For ads that aren’t personalized, ad measurement, audience surveys, and service development we and ...

As oil and fuel costs climb, the ripple effects are hitting many Americans' commutes.

At number one is Venezuela, which holds the title of having the largest proven oil reserves in the world. Despite such an ...

While officials look for ways to ease oil shocks, experts say higher prices will likely persist until traffic through the ...