The royalty rates paid by oil, gas and coal companies for the right to drill and mine on land owned by the public have not changed since 1920. By Coral Davenport Reporting from Washington The Biden ...

This story was originally published by High Country News and is reproduced here as part of the Climate Desk collaboration. On April 12, the Department of Interior released a new rule that will impose ...

The PACE®-R801 concept rig has safety and efficiency at the core of its design, purpose-built to showcase Nabors technology and to push the boundaries of industry performance and possibilities ...

The Trump administration has opened thousands of acres of land in Nevada and New Mexico to oil and gas drilling, geothermal development and hard-rock mining, reversing protections that President Joe ...

WASHINGTON - The U.S. government would get a larger share of oil and gas revenue from federal land under a proposal announced by the Interior Department on Friday. The federal government is entitled ...

Saudi Arabian oilfield services provider Arabian Drilling Company said it won multiple contracts from Aramco for ten additional land rigs. Arabian Drilling said the ten contracts awarded are for land ...

The last time the federal government raised the amount that oil and gas companies have to pay to drill on public land was in 1960 — the same year that four unknown, floppy-haired Brits formed a band ...

ADNOC Drilling has signed a deal to buy ten newbuild hybrid power land drilling rigs. ADNOC Drilling has splashed $252 million to buy ten newbuild hybrid power land drilling rigs, in its push towards ...

An industry association and two conservation-oriented groups are differing on the reasons why domestic oil and gas production has increased overall even while falling on federal lands. The Western ...

Rep. Jeff Hurd (R-CO) wants the government to lift restrictions on oil and gas production that would free up millions of acres of federal land, much of it in his Colorado district, for drilling and ...

The Oklahoma-based company did, however, record a modest drop in offshore drilling revenues while costs soared. Net profit for the three months to the end of March was $129.72 million as compared with ...

Nabors Industries Ltd. NBR is one of the largest land-drilling contractors in the world that conducts oil, gas and geothermal land drilling operations. Since last month, shares of the company have ...