President Joe Biden issued historic protections for both Florida’s Gulf Coast and much of the U.S. coastline. This ...

Despite a 15% drop in adjusted EBITDA, Precision Drilling Corp (PDS) showcases resilience with significant debt reduction and ...

Transocean (RIG), a provider of offshore drilling services for oil and gas wells, looks to leverage its fleet, which is ...

TotalEnergies finished drilling Tamboti-1X and spudded Marula-1X, both exploration wells in block 2913B - which contains the ...

Discover Precision Drilling's Q4 2024 earnings insights, highlighting growth investments, shareholder returns, and strategic plans for 2025 amidst ...

The rig’s return will enable the drilling of new wells at the Zohr field using advanced deepwater technology. These efforts aim to quickly add new production volumes once drilling operations are compl ...

The company stated, “The long-term outlook for global energy demand remains positive with rising demand for all types of energy including oil ...

U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the first time since July 2024, ...

US oil drilling activity has dropped to near post-pandemic lows due to low oil prices and cost inflation, with the rig count falling for over two years. Oil companies are prioritizing shareholder ...

China’s CNOOC reported record oil and gas production from a field called Deep Sea #1. The field was the company’s first ultra ...

U.S. drilling activity increased with the Permian Basin leading the surge, as Baker Hughes reports a rise in rig count for ...