President Trump’s “Drill, baby, drill” initiatives may cause a demand spike for offshore drillers. Trump signed an executive ...

U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the first time since July 2024, ...

The total rig count rose by six rigs, to 582, according to Baker Hughes, down 37 from this same time last year.

The company stated, “The long-term outlook for global energy demand remains positive with rising demand for all types of energy including oil ...

This isn't the first time President Trump has sought to reverse drilling bans. As he learned in his first term, it won't be easy.

This news release contains references to certain Financial Measures and Ratios, including Adjusted EBITDA (earnings before income taxes, gain on acquisition, loss on investments and other assets, gain ...

TotalEnergies finished drilling Tamboti-1X and spudded Marula-1X, both exploration wells in block 2913B - which contains the Venus discovery - on the Namibian side of the offshore Orange Basin.

Public sector giant plans to invest between $3 billion and $4 billion during ongoing financial year, mostly on offshore ...

U.S. drilling activity increased with the Permian Basin leading the surge, as Baker Hughes reports a rise in rig count for ...