Gulf Energy has secured and contracted an onshore oil rig as part of its preparations to deliver first oil from the South Lokichar Basin before the end of the year.The company said that it secured a ...

In November 1980, a drilling error near a Louisiana salt dome triggered one of the strangest industrial disasters in U.S.

Gulf Energy E&P BV has acquired an onshore oil drilling rig valued at over Sh2 billion ($15 million) for the Lokichar oil project, as it targets first oil production before the end of this year.The ...

Mary Nishimoto aboard M/V Danny C cargo ship in front of Platform Holly. (Courtesy photo) The Santa Barbara Maritime Museum (SBMM) will host Mary ...

Volvo’s popular Euro 6 13-litre engine platform has a new range of horsepower ratings available for the versatile FM model.

Helix Energy Solutions generated an eye-catching $107 million in free cash flow. Click here to read why I reiterate HLX stock ...

Kimbell Royalty Partners LP reports fourth-quarter earnings Thursday before the market opens, with investors focused squarely on whether the oil-and-gas royalty company can sustain its double-digit ...

RIG expects contract drilling revenues between $1.02 billion and $1.05 billion and capital expenditures of $35 million to $45 ...

Forum Energy Technologies is a hold despite a record backlog and guiding 2026 free cash flow of $55–$75M. Click for this updated look at FET stock prospects.

President Tinubu's executive order halts N2.1tn in NNPC fees and deductions for exploration, aiming for fiscal transparency. Learn the impact on oil revenu ...