Transocean Ltd. (NYSE:RIG) is one of the 7 best oil and gas penny stocks to buy according to analysts, supported by hedge ...

A Texas company wants to drill for oil off Santa Barbara County's coast. Experts say its path to oil sales is looking more ...

One of California’s worst oil spills occurred off the Santa Barbara coast in 2015, when a corroded pipeline burst ...

The Iranian Offshore Oil Company (IOOC) has reportedly entered into two agreements to acquire advanced offshore drilling rigs ...

NEW ORLEANS (AP) — Fifteen years after the Deepwater Horizon oil rig exploded off the Gulf Coast, killing 11 and sending 134 million gallons (500 million liters) of crude gushing into the ocean, the ...

Q2 profit S$161 million versus S$205 million year ago; O&M division net order book at S$3.4 billion. Singaporean conglomerate Keppel Corp posted a 21 percent drop in its quarterly profit and warned it ...

Rigs drilling beneath the deep waters of the Gulf of Mexico will drive U.S. oil industry growth this year and next as onshore ...

This weeks offshore rig review looks at the recent developments and deepwater discovery in Mexico that may drive changes in Pemex's long term strategy. The last several weeks have seen some ...

Transocean Ltd. (NYSE:RIG) is one of the best penny stocks to buy according to hedge funds. In a report released on October 6 ...

This week's offshore rig review looks at the trends and changes in the number of rigs that are cold stacked around the world. This week, worldwide offshore rig utilization held steady at 83%, as 543 ...

An owl has been released back into the wild after it was rescued from a North Sea oil rig, after being blown off course by ...