Hibiscus Petroleum Makes Oil Discovery in Malaysia-Vietnam Agreement Area

30 April 2024, 7:30 pm

Hitting nearly 151,000 feet of potential oil column, Bunga Aster-1 is the second “significant discovery” within a year in the Malaysia-Vietnam PSC.... Read More »

Transocean (RIG) Reports Q1 Loss, Misses Revenue Estimates

29 April 2024, 11:35 am

Transocean (RIG) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of a loss of $0.13. This compares to loss of $0.38 per share a year ago. These figures are ...... Read More »

Oil Darlings: 3 Global Oil Stocks to Buy Amid Rising Prices

28 April 2024, 11:30 pm

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Currently, two major conditions are converging to continue the strong ...... Read More »

ELAM: Oil corrects, tech stocks top

27 April 2024, 7:30 am

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.... Read More »

Transocean (RIG) earnings preview and stock forecast

25 April 2024, 7:55 pm

Transocean (NYSE: RIG) stock price has faced major headwinds in the past few months even as energy prices have remained at an elevated level. It has remained in a deep bear market as it collapsed by ...... Read More »

3 Potential Opportunities in the Oil & Gas Drilling Industry

25 April 2024, 1:07 am

The Zacks Oil and Gas - Drilling industry consists of companies that provide rigs (or specialized vehicles) on a contractual basis to explore and develop oil and gas. These operators offer drilling ...... Read More »

People gobsmacked after learning how oil rigs are built in middle of the ocean

23 April 2024, 12:43 am

A Youtuber has left people 'speechless' and 'astonished; as he explained how different types of oil rigs are built, including some that can float on top of 6,000 feet deep water ...... Read More »

Offshore Drilling Grows as US Shale Gets Left Behind

22 April 2024, 12:41 am

Persistently low natural-gas prices, corporate consolidation and conservative spending plans are conspiring to shrink the once-booming market for drilling and fracking in the US shale patch, SLB Chief ...... Read More »

Esgian Week 16 Report: Rigs on the Move

21 April 2024, 2:48 pm

Esgian reports on the many rig movements that occurred last week in its Week 16 Rig Analytics Market Roundup.Report ...... Read More »

Once praised, settlement to help sickened BP oil spill workers leaves most with nearly nothing

20 April 2024, 10:57 am

When a deadly explosion destroyed BP’s Deepwater Horizon drilling rig in the Gulf of Mexico, 134 million gallons of crude erupted into the sea over the next three months — ...... Read More »

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