On a weekly U.S. oil production basis, volumes reached an all-time high of 13.63 million barrels per day in early December ...

The company intends to begin full production at the development, in the Timor Sea near Darwin, within months after its ...

First gas at Santos’ Barossa field is expected to begin within months after the project received final regulatory approval on ...

This isn’t a partisan issue. Polls show that two-thirds of voters, across party lines, support banning new offshore drilling.

The U.S. Department of the Interior has launched the early stages of a new plan for offshore oil and gas leasing, signaling ...

Adnoc Drilling, the UAE’s leading drilling services provider, has clinched a $1.63 billion, five-year contract from Adnoc Offshore to deliver integrated drilling services (IDS). Announced on ...

five-year contract for integrated drilling services (IDS) from ADNOC Offshore. The contract covers the provision of directional drilling, drilling fluids, cementing, wireline logging and tubular ...

BP and Eni confirmed the preliminary results of the Capricornus 1-X exploration well in Namibia's Orange Basin.

HOUSTON (Reuters) - ConocoPhillips, a top U.S. oil and gas producer, plans to cut staff, the company said on Tuesday, amid a broad push to rein in costs and streamline operations after its $23 ...