RIG boasts strong backlog, cost savings and global contracts, but faces net losses, high debt, idle rigs and pricing pressure in a volatile market.

SPARTAN 151 RIG, COOK INLET — Deep below the ocean floor outside Anchorage this spring, a huge drill bit chewed through multi ...

Using NOAA data, Stacker summarized the last 100 hurricane seasons in the Atlantic Basin. See which years and storms broke ...

Louisiana is known for its culture, outdoors, and history, and that means it offers plenty of attractions, activities, and ...

By America Hernandez PARIS -French oil major TotalEnergies has acquired a 25% interest in a Chevron-operated portfolio of 40 ...

A newly released report by Earth Insight in collaboration with 16 environmental organizations has sounded a global alarm on ...

PARIS, 16 June - French oil giant TotalEnergies announced on Monday that it had acquired a 25 percent interest in 40 federal exploration leases operated by ...

The 40 leases in federal waters span about 1,000 square kilometers (386.1 square miles). These consist of 18 blocks in the ...

Cargo movement through the Strait of Hormuz has marked a small decline, but there’s been no major disruption to key oil ...

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Partnership to use advanced 3D imaging technology "to unlock large remaining US offshore production potential" ...

By Ben Aris in Berlin Iran has somewhere between 5,000 and 6,000 naval mines, according to US intelligence estimates, which it could use to block the Straits of Hormuz and halt the flow of a fifth of ...