President Trump’s “Drill, baby, drill” initiatives may cause a demand spike for offshore drillers. Trump signed an executive ...

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, ...

This isn't the first time President Trump has sought to reverse drilling bans. As he learned in his first term, it won't be easy.

The total rig count rose by six rigs, to 582, according to Baker Hughes, down 37 from this same time last year.

Oil companies cheered Trump’s recent calls for a more streamlined process and a series of energy-related executive orders he ...

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

The rig count in Canada ended the week with an additional ... Chevron Corp. affiliate Tengizchevroil started oil production at its Future Growth Project at Tengiz oil field in western Kazakhstan.

Petrobras let contracts to EBS Perfurações and Conterp for new drilling rigs to expand onshore oil and gas production in Brazil's state of Bahia.

Public sector giant plans to invest between $3 billion and $4 billion during ongoing financial year, mostly on offshore ...

The number of active U.S. rigs drilling for oil climbed by seven to total 479 rigs this week, Baker Hughes reported on Friday, as domestic producers look to a “more friendly environment” for crude ...

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

Navarre Beach resident Linda Young could only watch and wait in the aftermath of the explosion of the Deepwater Horizon offshore drilling platform. With each passing day, oil gushing from the ...