The Zacks Oil and Gas - Drilling industry is facing several headwinds. First, the U.S. rig count has been gradually declining and has fallen around 15% from a year ago, dampening drilling activity and ...

The Zacks Oil and Gas - Drilling industry consists of companies that provide rigs (or specialized vehicles) on a contractual basis to explore and develop oil and gas. These operators offer drilling ...

The global economy has been influenced by the role played by Oil and gas companies due to its importance. The importance of offshore drilling companies in the global economy is due to their role in ...

As of Monday, December 29, Drilling Tools International Corporation’s DTI share price has dipped by 10.87%, which has ...

Valaris Limited (VAL) is a top player in the offshore drilling industry, equipped with a cutting-edge fleet of rigs, a whopping $8 billion in assets and $5 billion market cap, and a strong presence in ...

Major Drilling Group's acquisition of Explomin expands its rig count and South American presence, executed at an attractive valuation with no share dilution. Despite short-term integration challenges, ...

President Biden on Monday called on oil companies to expand their supply, despite repeatedly pledging to end fossil fuel drilling. The president was slamming oil companies for not investing their ...

The Biden administration is proposing sweeping reforms to where new drilling can occur on federal land. Oil companies say they're draconian and will do little to address climate change. Oil prices ...

The U.S. Interior Department said on Wednesday a congressionally mandated oil and gas drilling lease auction in Alaska’s Arctic National Wildlife Refuge received no bids from energy companies. “The ...

The oil industry spent $20 million on a misleading campaign to overturn a new California law that bans new drilling within 3,200 feet of homes and schools — and it’s paying off. The referendum to undo ...