Phillips 66’s decision to close the Los Angeles refinery follows oil and gas giant Chevron Corp.’s announcement August that ...

The EIA reduced its U.S. crude oil production forecast for this year and next year in its latest short term energy outlook.

The AI-powered solution can accurately predict potential failures of Electrical Submersible Pumps (ESP), allowing oil and gas ...

CNOOC Ltd. has entered into four new concessions in Brazil, expanding its footprint in the Santos basin.

Rigzone talks to Stephen Schork, the Principal and Editor of the Schork Group, and Jim Krane, a Research Fellow at Rice ...

Peru's government can't find board members to lead its beleaguered state-owned oil company more than five weeks after its ...

This transaction marks significant progress in delivering on our commitment of over $3 billion in divestitures'.

Henry Hub front month futures have reverted to a downtrend that began in early October, following a temporary peak at $2.55 ...

Originally conceived as a bottom-supported drilling unit, semisubmersibles eventually found their true calling. Now, semisubs are the most stable of any floating rig, many times chosen for harsh ...