Transocean Ltd (NYSE: RIG) provides offshore contract drilling services for the oil and gas industry. They have a fleet of 34 mobile offshore drilling units, which consist of 26 ultra-deepwater ...

Speaking Friday on the company’s fourth-quarter earnings call, Imperial chairman and CEO Brad Corson said he hoped “diplomacy will prevail” in shielding Canadian oil and gas from any levies.

CALGARY — Imperial Oil Ltd. raised its quarterly dividend as it reported a fourth-quarter profit of $1.23 billion, down from $1.37 billion in the same quarter last year. The company says the ...

U.S. energy firms this week added oil and natural gas rigs for the first time in eight weeks ... Baker Hughes, however, beat Wall Street estimates for fourth-quarter profit on Jan. 30, as robust ...

U.S. energy firms this week added oil and natural gas rigs for the first time in eight weeks ... Baker Hughes, however, beat Wall Street estimates for fourth-quarter profit on Thursday, as robust ...

Upstream production in the fourth quarter averaged 460,000 gross oil-equivalent barrels per day, which is the highest quarterly production in over 30 years when adjusting for the divestment of XTO ...

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, after a 4-rig drop in each of the two ...

Exxon Mobil’s fourth-quarter adjusted profit managed to beat Wall Street’s expectations, as the oil and gas company increased production in Permian and Guyana Exxon Mobil posted strong fourth ...

For the week ended Jan. 31, the rig count in Canada stood at 258, according to Baker Hughes data. There were 12 additional oil-directed rigs working in Canada and 1 additional gas-directed rig ...

Exxon Mobil XOM-N on Friday posted mixed fourth-quarter results that showed weakness in its refining and chemicals business, though it beat Wall Street’s profit estimate with higher oil and gas ...

The number of rigs seeking crude oil jumped seven rigs to 479, the biggest weekly increase since February 2023, but 40 rigs or 4% below the 499 reported last year and down four rigs for the month.

Aberdeen became the oil capital of Europe and an estimated half a million jobs were created by the industry over the decades. The world's worst offshore disaster was on the Piper Alpha rig in 1988 ...