Brazilian drilling contractor Constellation Oil Services has been awarded a new contract with Petrobras to carry out ...

The House Natural Resources & Disasters Subcommittee on Tuesday unanimously approved the House bill, which received support ...

Trump’s “drill baby, drill” mantra could provide an added boost to ASX-listed gas companies operating in the Midwest.

India's ONGC operates fleet of more than 30 offshore drilling units and is largest operator of jack-up rigs in South Asia ...

The Zacks Oil and Gas - Drilling industry operates in a volatile environment, influenced by rig availability, contracting activity, and capital expenditures rather than commodity prices alone. A 5% ...

This story was produced in partnership with the Pulitzer Center. It is part four in a four-part series. Read part one here, part two here and part three here. Correction: This article has been ...

Aberdeen became the oil capital of Europe and an estimated half a million jobs were created by the industry over the decades. The world's worst offshore disaster was on the Piper Alpha rig in 1988 ...

Sharp, rapid swings in the price of oil can have outsize effects on companies, economies, and global geopolitics. Oil price spikes can stunt economic growth, for example, and a sudden price plunge ...

Those concerns were highlighted in the 1970s when episodes of sharply rising oil prices led to recessions, economic stagnation, and high inflation. However, recent gains in U.S. oil and natural ...

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to ...

Eleven people were killed. Two days later, the rig collapsed. Oil began seeping into the sea, and it continued to flow for almost three months. The Deepwater Horizon disaster is among the most ...

This big bad red Kenworth C500 comes from a reader who works the oil fields in Alaska. That's not a sleeper on the back of the cab either. "There's a big triplex pump in there," said the reader.