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

Brent crude oil futures rose more than 1% on Friday, remaining just under $50 a barrel, as expectations of a U.S. economic stimulus package and the possibility of a vaccine for the coronavirus ...

Advancements in optical gas sensing technologies enable portable NDIR sensors to detect dangerous gases, enhancing safety in ...

Did you know that after the completion of the construction of one of the tallest buildings in the world - the Empire State Building - many people were afraid to get close to it? They believed that a ...

From the oil field to the hotel desk, business has remained brisk in the country’s top oil basin as analysts warn of a ...

A group of countries that are part of the OPEC+ alliance of oil-exporting countries has agreed to a small boost in oil production, citing a steady global economic outlook. The ...

IF one were to believe the petroleum prophets of doom, the world should have run dry of oil somewhere between bell-bottoms and the Bee Gees. In 1939, the US Department of the Interior declared that ...

Oil-services giant Baker Hughes Co. got its start in the drill-bit manufacturing business for Texas oil rigs. Now it’s pushing further into the data-center business as another example of an old-line ...

Transocean Ltd (NYSE:RIG) shares are tumbling in Wednesday’s after-hours session after the company announced a public offering. Check out RIG stock movement here. What Happened: After the market close ...

BLACK BAY — The anonymous log, found months later in an oil platform’s living quarters, documented a worker’s tasks: He pumped oil, cleaned sludge and repaired the structure. Then, abruptly: “Shutting ...

On September 19, Governor Gavin Newsom signed SB 237 into law, targeting local oil and gas. This gives the county authority to approve up to 2,000 oil well permits each year for the next ten years.