Exploration well 35/6-5 S, the first in production license 1110, was drilled to a vertical depth of 3,933 m subsea by the ...

Noble Corporation plc NE, an offshore drilling contractor, has announced that it plans to permanently retire two cold-stacked drillships from its rig fleet. The company plans to divest the Pacific ...

We make a start with the situation of the US oil market. On Friday, the release of the US Baker Hughes total rig count, ...

Patrick Pouyanne says Tamboti’s permeability is ’not good’, although exploration sources say fracking and horizontal drilling ...

A man from South Shields has completed the challenge of a lifetime, conquering the highest mountain in Africa, Mount ...

Operator OMV Petrom says the Neptun Deep development is on schedule, as it details its importance to the company and the host country, Romania ...

Our expectations for profitability improvements coupled with the firm’s history of conservative balance sheet management leave us confident that NOV will maintain adequate liquidity to service its ...

American refineries still rely on Canada’s supply, while OPEC+ nations can manipulate global markets to undercut U.S.

Helmerich & Payne missed earnings and revenue expectations amid strategic acquisitions and adjustments to market conditions.

Wednesday closed down -1.67 (-2.30%), and March RBOB gasoline (RBH25) closed down -0.0483 (-2.30%). Crude oil and gasoline ...

A bill seeks to encourage drilling for oil outside of North Dakota’s highly productive Bakken Formation and take advantage of ...

A pair of abandoned oil wells that were leaking into a lake at an Ottawa County park have been cleaned out and capped off.