New oil well drilling in Russia has accelerated to the fastest in five years despite the recent oil price decline, Bloomberg has reported, suggesting the pick-up in activity anticipates a further ...

Russia’s oil producers have been drilling wells at a pace not seen in at least five years as the nation readies for both a loosening of OPEC+ output limits and the possibility of relief from ...

We recently published a list of 12 Best Oil and Gas Penny Stocks to Invest in Now. In this article, we are going to take a look at where Borr Drilling Limited (NYSE:BORR) stands against other best ...

WASHINGTON, April 24 (Reuters) - The U.S. Interior Department said on Thursday it has implemented new guidelines for allowable pressure differences in a certain type of oil drilling in part of the ...

Shell Nigeria Exploration and Production Company (SNEPCo) has been named Major Oil Company of the Year for 2023. The award, presented by Nigerian publication Energy Times, recognises SNEPCo’s ...

A federal judge in Anchorage has ruled in favor of Alaska’s state-owned investment bank in a lawsuit that could clear the way for oil drilling in the Arctic National Wildlife Refuge. In an order ...

Titled, "Investor Perceptions of Nigeria's Regulatory and Policy Reforms in the Oil and Gas Sector," the survey captured a nuanced industry outlook: cautious optimism driven by recent reforms ...

FRANKLIN COUNTY, Fla. (WJHG/WECP) - A proposal to ban oil exploration and drilling near the Apalachicola River passed unanimously last week in the Florida House of Representatives. The Franklin ...

In support of ongoing efforts to boost Nigeria’s daily crude oil production, Nigerian Navy personnel attached to Forward Operating Base (FOB) ESCRAVOS have continued to sustain the fight against crude ...

Interior Secretary Doug Burgum announced that all offshore oil drilling in the Gulf will now be able to tap multiple reservoirs at the same time — and at far higher pressure than previously ...

Among the larger economies, the growth forecast in Nigeria is revised downward by 0.2 percentage point for 2025 and 0.3 percentage point for 2026, owing to lower oil prices, and that in South ...