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Shelf Drilling has agreed to buy the remaining shares in its UK subsidiary to solidify its position as the world's third-largest owner of shallow-water drilling rigs. The agreement will see Shelf ...

Canadian oil tycoon Adam Waterous increased his holdings in the country’s oil sands, buying a significant stake in Greenfire Resources Ltd. for about C$328 million ($241 million). The roughly 30 ...

Despite the decrease in oil prices, drillers were still on track to boost U.S. crude output from a record 12.9 million barrels per day (bpd) in 2023 to 13.3 million bpd in 2024 and 13.7 million ...

Oil India Limited plans to initiate drilling activities in Andaman and Nicobar offshore waters as part of its exploration efforts. CMD Ranjit Rath stressed the need for stable oil prices for ...

The coalition argues that, without the federal rules in place, drilling in the US Gulf could be slowed down or halted altogether. Chevron, the American Petroleum Institute (API), the National ...

The state’s hilly southwest, where gas extends beneath homes and river valleys, is so awash in the fuel that prices have cratered, drilling has slowed and thousands of jobs have disappeared.

US drilling activity was little changed from a week ago, down just 1 unit with 585 rotary rigs working the week ended Aug. 23.

DNV, the independent energy expert and assurance provider, has certified the first carbon dioxide storage site for Project Greensand in Denmark, marking a key milestone in carbon capture and storage ...