ADNOC Drilling will acquire a 70% stake in oil services firm SLB's onshore rig business in Oman and Kuwait for up to $112 ...

The deepest offshore oil well was over 35,000 feet by the Deepwater Horizon, and the Maersk Voyager operated in the deepest ...

Russia's oil-patch tax policy, along with tanking crude prices, are making the country's critical export unprofitable.

The Trump administration is proposing to restore the potential for oil and gas drilling on 13 million acres of government-owned Arctic land that had previously been restricted by the Biden ...

Saudi Arabia's past oil price wars in 2014–2016 and 2020 backfired, as U.S. shale producers became leaner and more efficient.

Precision Drilling's focus on Canada's robust oil market and U.S. natural gas basins could help it thrive despite low oil ...

Through the drilling campaign, Valeura has maintained oil production consistent with its first quarter performance, offsetting natural declines, it said in a release May 27.

The well, to be drilled about 60 nautical miles off Ghana's coast in the Offshore Cape Three Points block, is part of a plan to ensure long-term production.

Singapore headquartered-independent Valeura Energy has just completed an eight-well drilling campaign on its Block B5/27 in ...

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a fifth week in a row to the lowest ...

The total number of active drilling rigs for oil and gas in the United States fell yet again this week, according to new data ...

OPEC+ agreed to another large supply hike over the weekend, increasing it by 411k b/d effective July. Rising tensions between ...