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Much has changed in the Gulf Coast region in the years since the Deepwater Horizon blowout and oil spill. In this piece, ...
U.S. drilling activity sees a slight uptick with two additional rigs, marking the first increase in four weeks.
A bill in the Texas Legislature would require oil and gas drillers to notify landowners before burying toxic waste on their ...
U.S. energy firms this week added oil and natural gas rigs for the first time in four weeks, energy services firm Baker ...
Despite doubling per well output since 2019, the Permian’s rig rate gains are slowing and decline curves are steepening, ...
Baker Hughes reports a significant drop in U.S. rig count due to tariff-fueled energy market turmoil, with Texas seeing the ...
The long term demand outlook for Canadian oil and gas is strong despite the recent plunge in ... takes a pause during the spring when the ground is still too muddy for rigs to operate — “spring ...
Typically, producers respond to oil price moves with a lag of a few months. To gauge how low prices can go before producers lay down rigs, investors often look at breakeven prices to profitably ...
Stonewall County Judge Ronnie Moorhead said the project, led by Swenson Solar, will benefit the county, especially given the recent decrease in oil rigs in the area. “They’re going to be ...
Monday afternoon traffic was impacted when a big rig overturned on the 110 Freeway in Gardena, spilling gallons of coconut oil onto the road. It's unclear what caused the truck to crash ...
Oil and Natural Gas Corporation (ONGC) has found its confidence tested as crude prices tumbled below the USD 60 mark — a level the state-run producer had recently insisted was unlikely to be breached.
Rex International’s Lime Petroleum Holding signs jack-up rig contract for drilling campaign in Benin
Rex International’s 80.14% subsidiary, Lime Petroleum Holdings, has signed a contract with Borr Gerd for a modern-built jack-up rig, which will be used for a 120-day drilling campaign in Benin, a ...
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