Akakus Oil Operations Company has announced the successful drilling of the new well (B-26H) in Sharara field, as part of the ...

The ruling comes as more companies are seeking to turn a profit on what has long been considered a vexing waste stream.

Industry operators in New Mexico reported 114,546 drilling-related liquid spills last year, adding up to 4.8 million gallons.

Schlumberger will benefit from lower rates and increased demand for oil, which will help its drilling and digital services.

Petronas will begin drilling today, the first of three wells in an exploration campaign aimed at finding additional oil reserves ...

“Producing from Bahia Terra is expensive. When oil is $100 a barrel, it’s more viable than at $65,” Chambriard explained ...

David Beckham and his wife, Victoria, are thought to be worth £500million, while King Charles has a fortune of around £640m – ...

Reynolds said plenty of work must be done before any drilling can begin.