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 ...

The market expects HudBay Minerals (HBM) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2025. This widely-known consensus ...

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 ...

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 ...

ADX Energy is back on the tools in Austria, restarting testing at its Welchau-1 discovery with an acid stimulation aimed at ...