New oil well drilling in Russia has accelerated to the fastest in five years despite the recent oil price decline, Bloomberg has reported, suggesting the pick-up in activity anticipates a further ...

The awarding of the contract for an ultra-deepwater Trion project offshore Mexico is more than just another deal. The contract awarded by Trion’s operator will see SLB employ its artificial ...

Russia’s oil producers have been drilling wells at a pace not seen in at least five years as the nation readies for both a loosening of OPEC+ output limits and the possibility of relief from some ...