Discover the remarkable story of the Petronius oil rig, an engineering marvel situated in the Gulf of Mexico. This video ...

At the heart of the U.S. shale industry in Texas, oil production is climbing. But you wouldn't know that if you talked to ...

It once possessed a coastline — a sliver of blue infinity stitched to its western hem like a divine indulgence. Then came the diplomats and the drillers, the wars wrapped in ledgers, and the ...

The Trump administration is proposing new oil drilling off the California and Florida coasts for the first time in decades, ...

Offshore rigs in the Gulf of Mexico increased by 4 this week, increasing the total US offshore rig count to 21, officials at Baker Hughes reported Friday. Offshore rigs in the Gulf of Mexico increased ...

The total number of active drilling rigs for oil and gas in the United States decreased this week, with oil rigs declining by 65 year over year, while gas rigs increased. Despite the fall in active ...

Good day, everyone, and welcome to the Third Quarter 2025 Transocean Earnings Call. [Operator Instructions] Please keep in mind, today's call will be recorded and we will be standing by if you should ...

In October 2007, a massive storm with 70-knot winds slammed into a Mexican oil platform in the Gulf of Mexico. The jack-up rig collided with a nearby wellhead, rupturing valves and releasing a deadly ...

MIAMI — Tropical Storm Sonia churned Monday in the Pacific Ocean and isn't threatening land. The storm formed over the weekend and was about 975 miles (1,570 kilometers) southwest of the southern tip ...

We recently published Why These 10 Stocks are Soaring by Double Digits. Transocean Ltd. (NYSE:RIG) is one of the best performers on Thursday. Transocean Ltd. extended its winning streak to a 5th ...