President Donald Trump may be teeing up the worst conditions for the oil business so far this century, outside of the 2020 pandemic shock. At least the latter could be blamed on a virus. The ...

Brazil oil regulator is set to grant exploration rights in the promising Equatorial Margin offshore area where Petrobras has ...

Aker BP ASA has been granted a permit by the Norwegian Offshore Directorate to drill in the North Sea. Aker BP ASA has been granted a permit by the Norwegian Offshore Directorate to drill in the North ...

In a statement posted on its website on Monday, BP announced “an oil discovery at the Far South prospect in the deepwater U.S. Gulf of America”. BP noted in the statement that it drilled the ...

Brazil’s oil regulator is set to grant exploration rights in a promising offshore region where state-controlled oil producer ...

Petrobras PBR, Brazil’s prominent state-run oil and gas company, has successfully extended its partnership with Noble Corporation plc NE, a leading offshore drilling contractor based in Houston, TX.

During a House Natural Resources Committee hearing, Rep. Jared Huffman warns of more oil spills in the Gulf of Mexico as a result of the Trump administration pushing ahead to expand deepwater drilling ...

China's largest ultra-deep oil and gas production base ... oilfield are also a reflection of China's advancing technological capabilities in ultra-deep drilling, an area historically dominated by ...

Oil prices settle lower despite ongoing supply disruption concerns By Investing.com - Oct 11, 2024 1 Investing.com-- Oil prices settled lower Friday despite ongoing supply disruption concerns as ...

STEINHAUSEN, Switzerland, April 10, 2025 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) announced today that it will report earnings for the first quarter 2025 on Monday, April 28, 2025.

Yet another step toward limiting permits for oil drilling, extracting and exploration near the Florida coastline is gaining ...