The CEO of BP is trying to get out in front of potential lawsuits by casting the blame for the Gulf oil spill squarely on the owner of the rig: Transocean. But in doing so in media interviews Monday, ...

Oil-equipment supplier Varco International has announced a deal with MontaVista Software under which the Linux company will supply its Hard Hat version of the operating system for setups that control ...

Seneca Resources is converting two of its Marcellus Shale drilling rigs to run on cheaper and cleaner-burning natural gas and has cut a turnkey deal with Prometheus Energy Group to supply the fuel.

Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. Baker Hughes reported that the total active drilling rigs in ...