Promises to lower prices through mandating oil leasing are overblown and would actually line the pockets of Big Oil. An offshore oil platform in Santa Barbara Channel, California, with Santa Cruz ...

The current decade will be dominated by structural inflation and higher commodity prices. Oil and gas drillers will benefit significantly from those dynamics. Seadrill is well-positioned to take ...

Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. The total number of active drilling rigs for oil and gas in ...

The total number of active drilling rigs for oil and gas in the United States fell by 6 this week, according to new data that Baker Hughes published on Friday ...

OSLO, Nov 11 (Reuters) - Norway's Statoil said on Wednesday it had entered into contracts with Italy's Saipem and Houston-based Diamond Offshore for two drilling rigs to work offshore Norway at a ...

Petrobras has issued a brand new tender for the charter of up to five deep-water drilling rigs for work off the Brazilian coast, as the oil giant seeks to replenish a fleet that has more than 80% of ...