RIG, announced plans to acquire Valaris in an all stock transaction valued at $5.8b. The deal would combine two major offshore drilling contractors into a single, larger player in the sector.

A formal complaint has been lodged suggesting a “systemic failure” took place in a council’s handling of plans for a controversial gas drilling rig.

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.

The attacks on Iran have driven oil prices higher and reminded investors that oil stocks are part of a diversified portfolio. The good news is the sector has definitely fallen out ...

California issued more drilling permits, but producers aren’t drilling despite oil prices over $100 per barrel, citing ...

Smoke rises following an Israeli airstrike in Dahiyeh, Beirut’s southern suburbs, Friday, March 6, 2026. (AP Photo/Hussein ...

President Trump is asserting executive authority to demand California restart controversial offshore oil drilling along its ...

Offshore oil rigs near Santa Barbara, Calif. Shares of Sable Offshore jumped more than 10% in extended trading Friday as the Trump administration evoked a 1950 law to allow the $2.5 billion ...

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.

Q4 2025 Earnings Call March 13, 2026 10:00 AM EDTCompany ParticipantsTom Ward - CEO & Director of Mach Natural ...

The phrase "drill, baby, drill" was popularized in 2008 by Sarah Palin, the vice presidential candidate on John McCain's ...

Seadrill delivers offshore drilling services worldwide, serving oil majors with a fleet of advanced rigs and a global client base.