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

Russian-backed joint venture Vietsovpetro welcomed the first commercial oil flow from the BK-24 wellhead platform at Bach Ho ...

US operators return to the record books. June output topped 13.6 million barrels a day according to the latest government updates. Crude output this week came close to another record. At 13,639,000 ...

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

A Texas company wants to drill for oil off Santa Barbara County's coast. Experts say its path to oil sales is looking more ...

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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 ...

US oil and gas rig count drops to 547, with declines in Permian Basin and Texas, signaling potential production slowdown.

Baker Hughes, a leading energy services company, said that the U.S. oil and gas companies have reduced the number of oil rigs in operation this ...