New York-listed drilling contractor Valaris has agreed to sell its jack0up Valaris 247 to BW Energy (BWE) for cash proceeds ...

Consumer Sentiment The University of Michigan's Consumer Survey Center questions households each month on their assessment of current conditions and expectations of future conditions. After an ...

Many oil company executives celebrated Donald Trump's return to the White House. But now expectations of higher profits are ...

A key pledge of President Donald Trump’s energy policy is to “unleash American energy,” make the U.S. energy industry ...

Norwegian company says reserves and quality of discovered oil are sufficient to underpin four development wells offshore ...

It was 15 years ago, on April 20th, 2010, that the Deepwater Horizon oil drilling platform exploded in the Gulf and sent over 130 million gallons of crude oil across the waters and shores of Louisiana ...

NEW ORLEANS (AP) — Fifteen years after the Deepwater Horizon oil rig exploded off the Gulf Coast, killing 11 and sending 134 million gallons (500 million liters) of crude gushing into the ocean, the ...

NEW ORLEANS — Fifteen years after the Deepwater Horizon oil rig exploded off the Gulf Coast, killing 11 and sending 134 million gallons (507.2 million liters) of crude gushing into the ocean ...

Over 3,000 jobs and 78,000 barrels of daily oil production represent a major step in Türkiye's journey toward energy independence - Tightened US sanctions on Russia and Iran fuel oil price ...

U.S. energy firms this week added oil and natural gas rigs for the first time in four weeks, energy services firm Baker Hughes said in its closely followed report on April 17. The oil and gas rig ...

A year ago, the numbers were 619 and 127, respectively. Of the rigs working in the US and its waters this week, 481 were drilling for oil and 98 were drilling for gas. There were 569 rigs on land ...

That’s still down 34 rigs or 5% from 619 last April. The number of rigs drilling for crude oil was up one to 481 rigs, still 30 rigs or 6% below 511 last year. The number of rigs seeking ...