President Donald Trump has often made clear his goal of cutting prices for energy as part of his overall agenda ...

Fears that President Trump’s tariffs could slash global economic growth — and demand for oil — are weighing on the market.

Like Texas, the Permian Basin was down three rigs to 294 rigs for the week and the lowest level since February 2022. The ...

Valaris Limited VAL and Jadestone Energy are developing the Montara field offshore Australia, for which the Valaris 247 jack-up rig has arrived at the location. The jack-up rig is scheduled to ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

The number of active rigs drilling for oil and gas in the U.S. fell for a second consecutive week, shedding 2 to 590, Baker Hughes said in its latest report.

The U.S. will hold an oil and gas lease sale in the Gulf of Mexico, as planned by the administration of former President Joe ...

The group argues there are about 250 fires, explosions, spills, brine truck accidents, and similar incidents related to ...

Shale-oil companies are taking some of the harder lumps on Wall Street as crude prices tumble and President Donald Trump’s ...

Prudential Financial Inc. grew its position in Transocean Ltd. (NYSE:RIG – Free Report) by 899.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned ...

Vanguard Group Inc. lifted its position in Transocean Ltd. (NYSE:RIG – Free Report) by 1.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange ...