Gov. McMaster urged BOEM to exclude SC waters from offshore drilling. Nonprofits also want the ban on oil and gas development ...

Oil companies have wanted to drill off the Atlantic Coast since in the 1980s. NC’s Democratic governor and SC’s Republican ...

Norwegian labour unions have agreed to a wage deal, averting a strike at floating offshore oil and gas drilling rigs that ...

But choosing the correct rig type is about more than the depth it can drill; it's also about how mobility, environmental conditions, and cost affect offshore operations. Even if most offshore rigs ...

Borr Drilling faces challenges with Q1/2025 losses, suspended dividends, and market pressures. Read why I am downgrading BORR ...

On crowded platforms, a small army labors to keep up the extraction of fossil fuels from the state’s oldest producing oil and ...

The share price of W&T Offshore, Inc. (NYSE:WTI) surged by 26.2% between June 11 and June 18, 2025, putting it among the ...

Some of Donald Trump’s closest political allies are urging him to continue a moratorium on offshore gas and drilling leases ...

From a valuation standpoint, Transocean stock presently seems low-priced when evaluated against its sales or profit ...

Adnoc Drilling has won two offshore jack-up rig deals worth a combined $1.15 billion for 15 years from compatriot Adnoc Offshore. The jack-up deals will bring in “accretive rates that generate ...

The Department of Energy (DOE) said Friday the Malampaya Consortium is on track to deliver new indigenous gas from the ...

US oil and gas drilling activity slipped by a single unit this week, leaving 554 rigs running. Canada gained a unit, ending the week with 139 total rigs working.