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Oil Price
Oil Prices Steady as Build-up in Us Crude Stocks Eases Supply Fears
Workers on an oil drilling rig in Stanton, Texas. US crude stocks increased by 2.4 million barrels last week, the US Energy Information Administration said. AFP…
Oil&Gas Drilling
Extra Time for Shelf Drilling Tenacious in Angola
Shelf Drilling reports that it has secured a further 12-month extension on the Shelf Drilling Tenacious jack-up rig in direct continuation of its current contra…
Oil&Gas Drilling
Biden Reverses Trump Move to Open up More Oil Drilling in Arctic
The Biden administration on Monday reversed a Trump administration plan that would have allowed the government to lease more than two-thirds of the country’s l…
Oil Exploration
Drilling Firm Challenging Denial of Oil Exploration Efforts in Big Cypress Swamp
Burnett Oil Co. did not have a rendering of its proposed exploratory oil drilling facility it might build in the Everglades should permits be granted. This is a…
Oil&Gas Drilling
Ukraine-Russia Conflict Could Impact Vietnam Oil Drilling
PetroVietnam has cautioned that the disruptions to international trade caused by Russia’s invasion of Ukraine could impact its operations.
Oil&Gas Drilling
Democrats Close in on Drilling, Mining Bans for Biden’s $3.5T Infrastructure Scheme
Legislation to block oil drilling in most U.S. waters and Alaska’s Arctic National Wildlife Refuge edged closer to passage Thursday
Oil&Gas Drilling
Biden Administration Halts Oil Drilling in Alaska Wildlife Refuge
White House climate advisor Gina McCarthy noted Biden's promise and said the move reflected his belief that "national treasures are cultural and economic corner…
Philippines Ready To Claim Oil Resources With Military
The disputed South China Sea may soon see an escalation in tensions over oil drilling rights between China and the Phillippines
Oil&Gas Drilling
Paradigm Drilling Services and Toolserv form Strategic Alliance
Paradigm Drilling Services, part of the Paradigm Group headquartered in Groot-Ammers, Holland, have announced their strategic alliance with Stavanger-based oil …
Oil&Gas Drilling
Trump Administration Finalizes Alaska Oil Drilling Plan
The Trump administration has finalized a plan that will open up more land for oil and gas drilling in the Alaska Petroleum Reserve, the Bureau of Land Managemen…
Oil&Gas Drilling
West Bollsta Rig Drills Lundin’s Polmak Well
Swedish oil and gas company Lundin has spudded the Polmak well in the Barents Sea offshore Norway, using the West Bollsta semi-submersible drilling rig.
Oil & Gas Trade
What is Behind the Eastern Mediterranean Oil and Gas Rush?
Tensions are rising as countries compete for control of oil and gas reserves in the Eastern Mediterranean.
Oil&Gas Drilling
Oil Major Equinor Stops Drilling In U.S. Shale Patch
Norway's Equinor will not drill any more wells in the U.S. shale patch this year as it adjusts to a lower-for-longer oil price environment.
Oil&Gas Drilling
Total Restarts Drilling off Angola
French oil major Total has resumed oil drilling offshore Angola with the Skyros rig while two more are expected to start operations in the week to follow.
Oil&Gas Drilling
Trump to Open Alaska Arctic Refuge to Oil Drilling for First Time
The Trump Administration is set to open the Arctic National Wildlife Refuge in Alaska to oil drilling for the first time by approving a drilling program on Mond…
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