Brazil oil regulator ​ANP said on ‌Thursday it has kicked off an ​inspection into ​state-run oil firm Petrobras' ⁠auctions of ...

Brazilian President Luiz Inacio Lula da Silva said on Thursday the government will seek ​to annul an auction at which ...

Bermuda-based drilling contractor Transocean has unveiled a new charter agreement in Norway and a pair of contract extensions in Brazil worth approximately $1 billion in incremental firm backlog.

ExxonMobil has conducted its maiden oil transshipment offshore Brazil, marking the first time the US supermajor carried out ...

Cross‑Atlantic energy partnerships are materializing into strategic ventures that could reshape offshore development across ...

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Brazil is finding protection in a decades-old buffer against shocks that is both cheap and environmentally friendly as global ...

By Lucinda Elliott and Eliana Raszewski MONTEVIDEO/BUENOS AIRES, April 2 (Reuters) - The global surge in fuel prices is ...

Transocean (RIG) stock surged 6.5% Thursday after securing approximately $1B in new drilling contracts and retiring $358M in ...

Production reached 5.304 million barrels of oil equivalent per day (boe/d), a measure that includes both oil and natural gas.

Canadian naval architect firm Robert Allan Ltd. has developed a new design for a series of pushboats that will support ...

Transocean (RIG) up 2.1% in Thursday's trading after unveiling a new charter agreement in Norway and a pair of contract ...