Norway's oil and gas output could fall by about 12,000 barrels of oil equivalent per day next week due to the strike and the lockout, an industry group says.

The Trump administration is taking aim at what it calls California’s environmental “extremism,” launching a new review of the ...

Offshore contractor Saipem is divesting its Saudi shallow-water drilling business as it sharpens its focus on higher-value ...

Offshore drilling specialist Borr Drilling attracted a notable insider buy, as the company’s global rig operations continue ...

Gov. Gavin Newsom (D-CA) on Sunday slammed President Donald Trump‘s efforts to promote offshore drilling in California despite no relief from high gas prices. Trump Illegally Revived Offshore ...

EADaily, June 28th, 2026. Immediately, about 1,000 Norwegian oilfield service company workers were suspended from work due to ...

Over the past several years, public support for offshore drilling has faltered. While 59.2% of Americans supported drilling for oil off the U.S. coast in 2022, by 2024 that share had fallen to 52.4%.

Recent share performance and business profile Recent trading has put Odfjell Drilling (OB:ODL) on some investors radar, with the stock down about 5% over the past month and roughly 13% over the past 3 ...

Halting offshore drilling expansion, along with the phase-down of existing production of fossil fuels as clean energy is adopted, would deliver up to 13% of the annual emission reductions needed to ...

The offshore drilling industry was destroyed by the COVID crisis, with many companies like Valaris (NYSE: VAL) going bankrupt due to low oil prices. But the industry is rebounding, and drilling ...

Japan has protested China's anchoring of a mobile offshore drilling unit in the East China Sea, the government said Wednesday ...

“President Biden continues to limit American energy production” while “begging foreign countries like Russia and Saudi Arabia to produce oil for us,” fumes House Republican Whip Steve Scalise. He’s ...