- Economic slowdown in China, the world's largest oil importer, is exerting further downward pressure on oil prices ...

The primary lobbying group representing the fossil fuel industry joined five Republican attorneys general Friday in a lawsuit challenging restrictions on offshore drilling announced in the waning ...

Assigning a $150 million valuation to the Platinum Explorer would result in an estimated net asset value ("NAV") of $33.88 per share: Going forward, Vantage Drilling will mostly serve as a rig ...

The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday, after a 5-rig drop in the week prior.

The Biden administration advanced a plan to limit oil drilling and infrastructure across more of Alaska’s National Petroleum Reserve, a bid to lock in land protections and conservation ...

The overall drilling rig count in North America is up 9 units during the week ended Jan. 17, with Canada’s double-digit oil-directed rig count increase leading the way. The overall drilling rig ...

3 year full warranty and free training The XR80E is composed of a base unit on crawlers and a drilling application module, with i.... Soilmec sm-21 Drill rig This rig is perfect for drilling any type ...

Bermuda-based drilling contractor Borr Drilling has receiced a notice of temporary suspension of operation from Mexican state-owned oil company Pemex for three of its jack-up rigs working in the ...

President-elect Donald Trump is expected to make a big push for fossil fuels on January 20 through a series of executive orders aimed at boosting US oil and gas production and rolling back the ...

Most of the Gulf of Mexico isn't included in the president's drilling moratorium ... t have the onshore infrastructure to support any serious offshore development of an oil and gas industry ...

The winds will turn onshore by this afternoon and bring with it more typical humidity values as well as a return to closer to normal temps, that will take a few days though. A ridge of high ...

Republicans said they were seeking ways to quickly reverse the restrictions in the state’s North Slope region. By Lisa Friedman The Biden administration announced new protections for 1.3 million ...