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SFL Corporation Ltd has signed a $100 million drilling contract with an Equinor ASA subsidiary for the semi-submersible rig Hercules.

A 26 year old oil tanker that's moving fuel for Russia drifted for two days in a busy shipping lane in the Indian Ocean.

An oil tanker ran aground in Indonesian waters, close to the maritime hub of Singapore.

US shale executives remain concerned about the outlook for rising costs going into 2023 as they continue to struggle with hiring and retaining workers.

Crescent Point Energy Corp. Chief Executive Officer Craig Bryksa spent five years revamping the Canadian oil driller.

U.S. oil production will decline if the corporate-acquisition spree sweeping the shale sector is prolonged, according to a Federal Reserve Bank of Dallas survey.

Shale drillers Diamondback Energy Inc., Devon Energy Corp. and Coterra Energy Inc. are boosting dividends.

Devon Energy Corp. is investing in a geothermal startup.

Producers in the aggregate are looking at about $42 billion in oil and gas hedging losses through 2023, according to BloombergNEF calculations of data from last year.

The cost of drilling for shale oil is dropping for the first time in about two years.