By Sarah Brown Brazilian President Luiz Inácio Lula da Silva is pushing to approve exploratory oil drilling at the mouth of ...

CNOOC Ltd. started production at the Luda 5-2 North Oilfield Phase II Development Project in the central part of the Bohai Sea in about 30 m of water.

Occidental CEO Vicki Hollub compared using CO2 in enhanced oil recovery to fracking, the technology that sent U.S. oil and ...

This news release contains "forward-looking information and statements" within the meaning of applicable securities laws. For a full disclosure of ...

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that ...

U.S. energy firms this week added oil and natural gas rigs for a fourth week in a row to the highest level since June, energy ...

Transocean's high-spec fleet and long-term contracts position it to outperform peers despite cyclical downturn in offshore ...

Offshore driller Constellation Oil Services Holding SA is planning to list shares in Oslo after reducing debt and increasing revenue from contracts with Brazilian oil explorer Petrobras.

An estimated 12 jack-up drilling rigs are subject to contract suspensions by the Mexican national oil company Pemex, but ...

As President Trump promises to “unleash” oil and gas drilling, Atlas Energy has announced plans to acquire Moser Energy for $220 million. Structured as a stock purchase, Atlas will pay $180 million in ...

Guyana expects to soon sign an oil production-sharing agreement with a consortium led by France's TotalEnergies that will ...

The drilling of China's first ultra-deep scientific exploration well, Shenditake 1, has been completed at a depth of 10,910 ...