Producing the world’s heaviest deepwater crudes is a complicated process that many majors walked away from—but Brava Energia stepped up. Atlanta field represents a breakthrough in ultradeepwater oil ...

The company plans to run a dedicated drilling rig on the $390-million asset, incorporating it into its 2025 plans. In February, the company said it expects to deploy up to $1 billion in US oil and gas ...

APA Corporation has the lowest valuation metrics among its peers and has a strong capital return policy. See why APA stock is ...

The new lawsuit comes amid a flurry of litigation as offshore drilling threatens to return to the same Santa Barbara pipeline ...

Petrobras has welcomed the Borr Drilling-owned jack-up rig Arabia I to start decommissioning activities at its maiden offshore field in Brazilian waters.

As WTI hovers near $60/bbl, U.S. E&Ps could be pushed to drop rigs and cut drilling in exploratory resource plays, analysts say.

Energy Secretary Chris Wright remains optimistic about the oil market despite the uncertainty fueled by tariffs and OPEC+ ...

The pipeline caused a major oil spill a decade ago, fouling the ocean off Santa Barbara County. The new owners say they don’t ...

Tenaris aims to optimize its supply chain through the expansion of Rig Direct, a just-in-time inventory-management program that maximizes production efficiency through improved demand planning.

Headwinds in its energy equipment segment include rampant inventory cannibalization and overall reduced demand for new builds. Overexuberant investment in rig equipment throughout the 2010s left most ...

Oil prices settle lower despite ongoing supply disruption concerns By Investing.com - Oct 11, 2024 1 Investing.com-- Oil prices settled lower Friday despite ongoing supply disruption concerns as ...