Transocean Ltd. (NYSE:RIG) is one of the 7 best oil and gas penny stocks to buy according to analysts, supported by hedge ...

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

Willie Sutton robbed banks because that's where the money is. And oil companies venture into deep waters for exploration because that's where the oil is. That's why -- even though President Obama has ...

ZURICH (Reuters) - Royal Dutch Shell sees deep-water oil drilling continuing in the future and as of next year will produce more gas than oil, its chief executive was quoted as saying by a Swiss ...

Amid cautious optimism that a "top kill" effort to cap the leaking well causing the Gulf oil spill is working, President Obama banned new offshore drilling Thursday until further notice.

Shell has exercised well options and signed a new contract for the deep-water drillship Maersk Viking offshore Malaysia while Thailand’s national upstream company PTTEP has agreed to use the same rig ...

Environmental justice organisations The Green Connection and Natural Justice are opposing a proposal by TotalEnergies EP South Africa to drill what could be the world’s deepest offshore well, off the ...

Deepwater Horizon workers did a hip-hop safety dance aboard the oil rig. May 4, 2010 — -- The federal agency charged with enforcing safety on deepwater oil rigs has also played a major role in ...

The U.S. Environmental Protection Agency (EPA) has issued an air-quality permit for a proposed deep-water crude oil port about 30 miles off the shore of Freeport, a Gulf Coast town south of Houston.

In fulfilment of its pledge to commence well appraisal within three months, Ghana’s firm, the pioneer Ghana ‘s Deep water oil firm, Springfield Exploration and Production Limited, has begun well ...