Italian energy company Eni and British oil giant BP have resumed exploration in Libya after onshore drilling was halted in ...

In recent years, Chinese-manufactured oil rigs have earned a strong reputation in global markets due to their advanced ...

Borr drilling Limited (the "Company") (NYSE: BORR ) (OSE: BORR) announced today that its wholly-owned subsidiary Borr IHC Limited has priced an offering of additional 10.375% senior secured notes due ...

Texas was unchanged at 283 rigs, 28 fewer than the 311 rigs active across the state last year. New Mexico was up one rig to ...

Baker Hughes, a closely watched energy services company, said that the U.S. firms maintained the same number of oil and gas ...

Active rigs drilling for oil and gas in the U.S. remained flat at 585, after sliding lower for four of the previous in five weeks, Baker Hughes said Friday in its latest weekly report. Drilling rigs ...

A top economist for the state of New Mexico, the second-largest oil-producer in the U.S., this week released a study on ...

Omega Oil and Gas has every reason to feel positive after its Canyon-1H horizontal well recorded strong gas shows and ...

Qatar's offshore oil fields in the Arabian Gulf are a key component of the region's energy landscape, contributing ...

A study released this week by the USGS finds the Smackover formation in Southern Arkansas may contain 9 times the estimated ...

A Chinese coast guard vessel was driven out of Indonesia's waters for a second time this week after it initially disrupted a survey by state energy firm Pertamina in the South China Sea, Indonesia's ...

Patience paid off in a big way for Lime Rock Management. The private-equity firm recently sold the shares it received as part ...