The course of Guyana’s destiny changed in 2015 when US fossil fuel giant Exxon struck oil. It discovered nearly 11 billion barrels in the deep water off the coast of this tiny country known for the ...

U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in three weeks, energy ...

Baker Hughes (BKR) reports the U.S. rig count is down 1 from last week to 592, with oil rigs down 2 to 484, gas rigs up 1 to 103 and ...

India's ONGC operates fleet of more than 30 offshore drilling units and is largest operator of jack-up rigs in South Asia ...

This week marks the anniversary of the Exxon Valdez spill, which shocked the US public with images of oil-covered Alaskan ...

A flurry of oil projects from Brazil to Saudi Arabia are set to come online this year, providing the biggest infusion of new ...

ADNOC Drilling’s full-year revenue increased significantly to a record $4.034 billion, rising by 32% year-on-year and its ...

Transocean Ltd. (NYSE:RIG) is a leading international provider of offshore contract drilling services for oil and gas wells. Shares of Transocean Ltd. (NYSE:RIG) have again surged last week after ...

- American Petroleum Institute (API) data show rise of 1 million barrels, contrary to market expectations of 2.6 million barrel decline ...

In an attempt to divert Russian forces from the brutal frontlines in eastern Ukraine – and embarrass Vladimir Putin – Ukraine smashed across the border into the Kursk region in August, the biggest ...

Keppel Corp, the world's biggest oil rig builder, is still hard hit by the downturn in the oil industry and will now shut down three yards in its homeland. Singapore-based offshore company Keppel ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Charday Penn / Getty Images After slowly inching higher for a week, 30-year ...