Rigzone Industry News

Hitting nearly 151,000 feet of potential oil column, Bunga Aster-1 is the second “significant discovery” within a year in the Malaysia-Vietnam PSC.

Halliburton posted its best earnings for a first quarter in a dozen years.

And what would that mean for oil prices?

The legislation was approved by a 383-11 vote.

The U.S. House of Representatives is poised to vote Monday on legislation aimed at countering China's purchase of Iranian crude oil.

'This bill prohibits the president from declaring a moratorium on the use of hydraulic fracturing unless Congress authorizes the moratorium'.

The Yemen-based Houthi militants renewed their threats against Saudi Arabia.

The Houston-based company said that there could potentially be 34 million barrels of oil that can be accessed in the Grayburg-Jackson Field.

The overall gas volume was calculated between 35.3 million and 105.9 million cubic feet (1 million and 3 million standard cubic meters) of recoverable oil equivalent.

Hess Corp. signaled its $53 billion agreement to be bought by Chevron Corp. may be delayed.