Velesto has entered into a sale and purchase agreement with PT Indonesia Drilling Energy for the sale of its jack-up drilling ...

VELESTO Energy Berhad has entered into a sale and purchase agreement with PT Indonesia Drilling Energy for the divestment of its jack-up drilling rig, NAGA 3, for a total cash consideration of US$63 ...

Yugo Metals (ASX: YUG) has successfully completed its dual listing on the Frankfurt and Dusseldorf stock exchanges, aimed at ...

Shale's next frontier is boosting recovery rates, as productivity declines across major basins and drilling efficiency gains ...

Just 20 days earlier, the Deepwater Horizon oil rig had exploded, killing 11 people and igniting one of the worst ...

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Hayden, CO, is tapping renewable thermal energy to affordably heat and cool its new business park — and entice companies ...

Transocean (RIG) has surged 42.9% recently, outperforming the S&P 500, yet I maintain a 'hold' rating due to lingering risks.

In the US, 548 rigs were working, down 1 unit from the prior week. With 192 rigs running in Canada, 1 additional rig was ...

The total number of active drilling rigs for oil and gas in the United States fell by 1 this week, according to new data that ...

“As we have repeatedly seen in California and other parts of the country, offshore drilling is a ticking time bomb,” they continued. “Any expansion of offshore drilling in the waters off the coast of ...

Exploratory drilling near Birch Lake has renewed attention on the differing policies governing state and federal lands in and ...