President Trump is asserting executive authority to demand California restart controversial offshore oil drilling along its ...
The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that ...
Aging fields and volatile markets make drilling a tough sell, even with a path cleared for permitting.
Oil prices have skyrocketed in the days since President Donald Trump's war on Iran began.
U.S. Energy Secretary Chris Wright invoked the Defense Production Act to order operations at an oil rig off southern California to be restored as oil prices rise across the country.
RIG, announced plans to acquire Valaris in an all stock transaction valued at $5.8b. The deal would combine two major ...
A formal complaint has been lodged suggesting a “systemic failure” took place in a council’s handling of plans for a ...
War on Iran shuts Hormuz; Brent could hit $150 soon, with $200 possible by 2026, as producers hedge and rig counts stay flat.
A blockade at the Strait of Hormuz, a choke point that carries about a fifth of global oil, has reignited supply shock fears, lifting crude prices and heightening risks for import-dependent economies ...
The number of oil and gas rigs actively drilling in the U.S. gained 2 to 553, rising for the second week in a row after falling for three straight weeks, Baker Hughes said Friday in its latest survey.
The rig’s owner SFL Corporation confirmed in an Oslo Stock Exchange announcement the rig has been contracted by “a large, ...
An Iranian blockade sent crude oil above $100 a barrel on Monday, boosting producer profits and state revenues. But Wyoming’s oil patches aren’t likely ...