When a Texas oil company first announced controversial plans to reactivate three drilling rigs off the coast of Santa Barbara ...

An exhausted owl that was rescued after landing on a North Sea platform has been released back into the wild. The female ...

In its August 29 rig count, Baker Hughes showed that North America cut seven rigs week on week. The company’s August 22 rig ...

Kuwait Oil Company has made its third offshore discovery with production capacity of more than 29 million cubic feet per day of natural gas, it said on Monday. The find comes as a boost to the ...

Exciting news from Kuwait! The country marks its 3rd offshore oil discovery, a significant boost to their energy production.

State-owned Kuwait Oil Co. made a “major” discovery in the Jazah natural gas field in the OPEC member’s offshore region.

Transocean Ltd. (NYSE:RIG) is one of the best penny stocks to buy according to hedge funds. In a report released on October 6 ...

Chevron is gearing up to drill the Korikori-1 well offshore Suriname this October! A step forward in local energy ...

Transocean boasts a $7.2B backlog, with increasing bidder interest supporting long-term revenue visibility. Read why RIG ...

The rig count in Canada is up 3 units to 193 working for the week, attributable to an increase in gas-directed rigs. In the ...