Arabian Drilling secured four oil rig contract extensions from Saudi Aramco, boosting its backlog to SAR 11.1 billion.

U.S. Coast Guard medically evacuated a man from an oil rig off the coast of Santa Barbara on June 27, 2025.

U.S. oil and gas drilling rigs hit their lowest count since 2021, with declines in major basins and continued monthly drops.

The commissioning of Brazil’s largest gas-fired thermal plant, GNA II, is set to significantly increase the country’s annual gas consumption for power generation, enhancing grid reliability.

Florida Gov. Ron DeSantis has signed a bill creating a ban on oil drilling along the Apalachicola River.

US shale oil production is unlikely to experience upside as West Texas Intermediate crude prices stay pressured near the mid $60 per barrel.

A legal battle over an oil producer’s attempt to restart a former Exxon Mobil Corp. drilling operation off the coast of Santa Barbara, Calif., is offering a glimpse into what localized environmental ...

As the sun sets on the oil industry, we explore the far-reaching impacts of shutting down rigs. What does this mean for the environment, economy, and our daily lives? 🌍💔 Let's dive into the ...

But frackers have no immediate plans to pump more crude. They have wrestled with lower oil prices in recent months and have been steadily shedding oil rigs and sending crews that frack wells home.

Global crude prices jumped on Sunday but have since retreated. Here's what experts say about the outlook for oil and gas.

In the wake of the U.S. attack on Iranian nuclear facilities, President Trump urged “everyone” to keep oil prices down Monday, also pushing to "drill, baby, drill." ...

As U.S. strikes on Iranian nuclear facilities drive fears of retaliation, it remains to be seen whether Iran will try to block oil trade via the Strait of Hormuz.