Offshore rig market faces a challenging year ahead, with falling dayrates and weak demand amid contract suspensions and ...

Personal Income and Outlays Each month, the Bureau of Economic Analysis also compiles the personal consumption expenditure ...

Abraj maintained a significant 25% market share in Oman’s drilling industry, reinforcing its status as a dominant player ...

We recently published a list of Energy Stocks that are Losing This Week. In this article, we are going to take a look at ...

As traders approach another pivotal day for financial markets, a series of crucial economic data releases that could sway market dynamics are expected on Friday, March 28, 2025. The spotlight falls on ...

UK crude oil production is projected to average 0.53 million barrels per day in 2025 in the NSTA's updated output forecasts.

A federal district judge on Thursday ruled against a Biden administration sale of oil and gas drilling rights in the Gulf of Mexico, faulting the government with failing to sufficiently analyze its ...

U.S. oil producers are grappling with geological limits to production growth as the country's top oilfield ages and produces ...

Aker BP ASA has been granted a drilling permit by the Norwegian Offshore Directorate for wildcat well 6405/7-4 in production license 1005 northeast of Trondheim in the Norwegian Sea. The well will be ...