Kuwait's oil production has recovered to about 2 MMbpd, or 75% of prewar levels, as more tankers risk transiting the Strait ...

Transocean has added approximately $1.1 billion to its firm drilling backlog, including final approval of a $1 billion ...

Shell will acquire a 30% stake in Equinor's Bay du Nord offshore oil project in Canada, advancing the C$14 billion ...

SLB has commissioned a new liquid mud plant in Pemba, Mozambique, adding 21,000 bbl of drilling and completion fluids storage ...

Crescent Energy will acquire Devon Energy's Eagle Ford assets in a $4.2 billion cash deal, adding 68,000 boed of production ...

Patterson-UTI averaged 103 operating drilling rigs in the U.S. during September, compared with a third-quarter average of 101 ...

EPA Administrator Lee Zeldin says the agency is days away from proposing further revisions to 2024 oil and gas emissions ...

H&P will deploy seven additional FlexRobotics systems for ExxonMobil over the next 12 months, expanding the drilling ...

Baker Hughes has signed agreements with PDVSA and New Stratus Energy targeting Venezuela’s oil and gas development, gas ...

Shell, Vitol and Saudi Aramco executives warn that global oil supply buffers are wearing thin even as crude flows through the Strait of Hormuz approach prewar levels.

The IEA will meet to discuss how to implement the G7's planned emergency release of up to 100 million barrels of diesel and crude stocks, with an initial focus on diesel supplies.

Indonesia Energy has started oil production from K-29 at its Kruh Block in Sumatra and is preparing to spud the deeper WK-5 ...