China’s CNOOC reported record oil and gas production from a field called Deep Sea #1. The field was the company’s first ultra ...

Did you know that after the completion of the construction of one of the tallest buildings in the world - the Empire State ...

With rigs that are ~6.0 years old on average ... losses is also real if we witness another downdraft in oil prices. Borr Drilling acquired multiple rigs close to the bottom of the cycle at ...

US President Donald Trump revoked offshore oil and gas leasing bans that effectively blocked drilling in most US coastal ...

For instance, Trump tried to revoke former President Barack Obama’s offshore oil leasing withdrawals during his first term. But Obama’s and Biden’s drilling bans are rooted in a 72-year-old ...

Oil prices appear to have moved higher with the start of the New Year. Today we are to take a look at the recent executive order signed by Biden, the reduction of Saudi oil exports to China and ...

General Hydrocarbons Limited (GHL) has faulted a claim of diversion of oil mining proceeds made against ... 2023, when the drilling rig, Blackford Dolphin, ran out of fuel, food, water and other ...

A federal judge ruled Thursday that the Center for Biological Diversity and Wishtoyo Foundation can add new legal claims in their case challenging the U.S. Department of the Interior and the Bureau of ...

The Railroad Commission of Texas (RRC) last month adopted revisions for Chapters 3 and 4 of its rules that govern commercial oilfield waste landfills and on-site disposal at drilling rigs.

Scott Sheffield, the former CEO of Pioneer Natural Resources, is a hero of the Texas oil industry. But the U.S. government ...

This failure to pay GHL pending request as per above terms led to an international incident on October 7, 2023, when the drilling rig, Blackford ... Is this how a 130-year old blue chip financial ...