Oil prices plummeted after Saudi Arabia cut prices, sparking fears of a global recession and weaker energy demand.

Like Texas, the Permian Basin was down three rigs to 294 rigs for the week and the lowest level since February 2022. The ...

U.S. energy firms this week cut the total number of rigs operating for a second week in a row, even as the number of oil rigs ...

Valaris Limited VAL and Jadestone Energy are developing the Montara field offshore Australia, for which the Valaris 247 jack-up rig has arrived at the location. The jack-up rig is scheduled to ...

By News Center Turkish Energy and and Natural Resources Minister Alparslan Bayraktar arrived in Şırnak with engineerin ...

U.S. January oil production decreased by 305 kb/d to 13,146 kb/d, 158 kb/d lower than December 2023. Click to read.

Over 140 million tonnes of proven geological reserves of shale oil were discovered with technically recoverable reserves of 11.3599 million tonnes, Sinopec said.

Global energy technology company SLB has been awarded a major drilling contract by Australian independent Woodside Energy for ...

A local oil-field service company that shed dozens of local jobs last year has announced additional layoffs amid what has become a historically tough time for one of Kern's most important industries.

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Global energy technology company SLB has secured a major drilling contract by Australian oil and gas operator Woodside Energy ...

Jadestone Energy, an Asia-Pacific focused oil and gas company, has informed that Valaris’ Valaris 247 jack-up rig has arrived ...