The contract includes: provision of the required services of two offshore supply vessels, with an option on a third, to support the operation of the Hibernia offshore oil production platform ...

The vessels being marketed — with or without existing bareboat charters — are available for public online bidding via the ...

A key pledge of President Donald Trump’s energy policy is to “unleash American energy,” make the U.S. energy industry ...

The Treasury Department sanctioned a Chinese oil refinery for purchasing $1 billion in Iranian crude oil as part of a broader ...

The offshore drilling rig market is facing a challenging 2025 as dayrates continue to soften amid sluggish demand, but a potential 2026 recovery driven by tighter rig supply and rising offshore ...

With moves into deeper waters becoming more common as the search for new hydrocarbons continues, the regulatory framework needs to change.

The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday, following a 2 rig dip in the prior week.

Crude oil prices have risen to a three-week high due to a larger-than-expected drop in U.S. oil inventories reported by the American Petroleum Institute. President Trump’s threat of tariffs on ...

HOUSTON: Oil prices settled higher on Tuesday, driven by concerns over limited supply from Russia and Iran ... a notice banning US-sanctioned oil vessels from its network of ports, three traders ...

The oil and gas rig count, an early indicator of future output, fell by two to 590 in the week to April 4. Baker Hughes said this week's decline put the total rig count down 30 rigs, or 5% below ...