NBR struggles with declining U.S. drilling margins, high debt, geopolitical risks, integration costs and volatile rig counts, raising concerns for investors.

China's Honghua Group, a leading global land drilling rig manufacturer under the Dongfang Electric Corporation, delivered the domestically developed 12,000-meter intelligent deep drilling rig in ...

The president is seeking to open up national monuments for drilling. But more land isn’t what oil companies need right now.

More than 95% of all federal drilling occurs in established fields within the Kern County area of the San Joaquin Valley. Credit: Bob Wick/Bureau of Land Management Many Western environmental ...

referencing a pledge by President Biden during the 2020 presidential campaign to ban drilling on public land. “Western Energy Alliance has no other choice but to litigate this rule.” ...

The reform includes a jump in the amount of money that drilling companies must put forward ... pay on the minerals they extract on public land, which had not changed in more than a century.

ADNOC Drilling is set to acquire ten new-build hybrid power land drilling rigs for $252m, with the aim to increase its onshore capacity and meet ADNOC Group’s accelerated production capacity target.

The Bureau of Land Management has affirmed previous decisions approving two North Fork Valley drilling projects that combined ...

The company noted that, through this partnership, it will gain immediate access to earnings, cashflow, and returns through two operating land drilling rigs in Kuwait and six in Oman ...

Waorani groups lead a march in February 2019 to file a lawsuit against the Ecuadorian government to protect their rainforest territory from oil drilling in Pastaza of the Ecuadorian Amazon.