President Joe Biden is making a sweeping move to ban all future offshore oil and natural gas drilling on America's East and ...

The Zacks Oil and Gas - Drilling industry faces a mixed outlook, with domestic challenges and international opportunities shaping its future. U.S. rig counts have declined by 18% over the past year, ...

Drilling of a large gas exploration prospect in Norway has been suspended for safety reasons and the drilling rig released while the project owners design a new well. The Arkenstone prospect is a ...

But in court filings and on the steps of its front door, more than a dozen speakers questioned the wisdom of permitting an oil well in the ... and the drilling rig are all the same, Riley told ...

Laurie Thornton, director of specialist offshore engineering firm MintMech, looks at the issues around adapting marine ...

While environmentalists have firmly staked their claim in Santa Barbara, oil’s claim was staked even earlier. The country’s first offshore oil drilling rig was ... rely on a well fed by ...

The COSL Prospector will over the next years drill for Equinor and Vår Energi in the Barents Sea. (COSL.no) The Cosl Prospector discovered up to 52 million barrels of oil in an appraisal well in ...

Forward-looking statements in this press release include, but are not limited to, statements relating to (i) estimates of future drilling, production, sales and costs of acquiring crude oil ...

Yes, the oil they retrieve could become fuel or some other petroleum product, but they generally make money from retrieval via drilling on an oil rig or fracking in gas field—not sales.

An oil rig sank ... was injured, Well Services said in a statement, adding that the individual is “in stable condition and receiving medical care.” The platform was drilling in the Heritage ...

The market growth of power swivels has been greatly aided by the expansion of industrial sectors and the rise in oil and gas projects ... ensuring optimal drilling performance and well intervention ...

The US Energy Information Administration (EIA) has reported that 2Q24 financial results for 34 publicly traded US oil exploration and production (E&P) companies suggest increasing well productivity ..