The Shenditake 1 well, in the Tarim oilfield in western China’s Xinjiang Uygur autonomous region, is the first “ultra-deep” ...

The anticipated upcycle in deepwater drilling has been deferred to 2026 or later due to factors like FPSO lead times, ...

The number of active rigs drilling for oil and gas in the U.S. rose by 4 to 592 for a fourth consecutive weekly gain, Baker Hughes said.

Uruguay, a leader in renewable energy, is now exploring its offshore waters for oil and gas, hoping to achieve energy ...

The drilling of China's first ultra-deep scientific exploration well ... As a result, China's external oil procurement ratio dropped 0.5 percentage point last year to 71.9 percent, according to ...

Trump's 'Drill, Baby, Drill' push faces industry hesitation as oil producers prioritize profits over politics. Explore the ...

As President Trump is promising to "unleash" oil and gas production, employees in that industry are wondering if that'll mean ...

The Chairman of the Organisation of Petroleum Exporting Countries (OPEC) Board of Governors, Adewale Adeyemo-Bero, has ...

Brazil’s government on Tuesday approved joining OPEC+, a group of major oil-exporting nations, signaling the country’s ...

So we’ll have an asset that will produce something over 1 million barrels a day for many, many years into the future.” ...