The number of total oil and gas drilling rigs in the US dropped by 7 to 547, falling for the ninth consecutive week and hitting their lowest level since October 2021, Baker Hughes reported.

The initiative is part of Petrobras' 2050 Strategic Planning and 2025-2029 Business Plan, with total investment of $111 billion.

Uganda’s Kabalega International Airport (KIA) has featured in several budget and State of the Nation addresses, but it has ...

The operator drilled a dry hole on the Lit prospect in North Sea production license (PL) 169 and has been granted a drilling permit by the Norwegian Offshore Directorate for ...

Shearwater Geoservices has been awarded a 3D seismic acquisition contract by TotalEnergies for work offshore Sao Tome & ...

Despite a decline in support for expanded renewable energies, the new poll shows that only about one-third of U.S. adults think offshore drilling for oil and natural gas should be expanded in the U.S.

This guidance will determine whether production can go ahead in the controversial Scottish fields, Rosebank and Jackdaw.

While facing a cooling economic environment and uncertain financial future in the face of state and federal funding threats, ...

Oil companies have wanted to drill off the Atlantic Coast since in the 1980s. NC’s Democratic governor and SC’s Republican ...

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Israel’s war with Iran is drawing attention to oil prices again, as the world watches nervously for disruptions to global ...