Despite the White House’s “drill, baby, drill” mantra, the business of providing equipment and services for the oil field is hardly booming these days. Now, oil-field service companies are going after ...

Solaris' transformative acquisition of Mobile Energy Rentals propels it into the high-growth distributed energy market, diversifying beyond oil & gas. Exceptional growth is driven by surging power ...

Petrobras PBR, the national oil and gas company of Brazil, successfully began the production of oil at the FPSO P-78 unit in the Búzios field, located in the pre-salt layer of the Santos Basin. This ...

Rystad Energy warns that global oil supply could struggle to meet rising demand. Rystad: Reserve replacement from new projects is expected to cover less than 30% of production in the next five years.