U.S. Interior Secretary Doug Burgum announced during his visit to Oklahoma City that his agency is going to promote mining ...

The Trump Administration has revised offshore drilling rules to increase oil production in the U.S. Gulf by allowing greater pressure differences and accelerating project approvals.

Russia's oil producers have been drilling at a pace not seen in at least five years as the nation readies for both a ...

Russia is accelerating new oil well drilling to the fastest pace in five years, showing resilience to Western sanctions despite a recent decline in oil prices.

The last remaining state-of-the-art newbuild drillship available for purchase is located in Singapore, but is struggling to ...

The U.S. Interior Department said on Thursday it has implemented new guidelines for allowable pressure differences in a certain type of oil drilling in part of the Gulf of Mexico, changes it expects ...

Matador Resources beat expectations for Q1 adjusted earnings and revenues and announcing a $400M stock buyback program.