Oil's taking a breather after bursting into a bull market.

(Bloomberg) -- Oil’s taking a breather after bursting into a bull buy Wellhead market on growing optimism over OPEC cuts, U.S.

The Oklahoma City-based E&P BOP Blow Out Preventer repair company gulf coast is lowering its rig count by 20% in 2019.

After a strong fourth quarter in 2018, Chesapeake Energy Corporation is stepping into 2019 with a bit of caution.

The ultra-harsh environment jackup rig boasts a maximum drilling depth of 35,000 feet.

ConocoPhillips Skandinavia AS (COPSAS) has awarded Rowan Companies plc a contract for the Rowan Norway N-class ultra-harsh environment jackup, Rowan reported Thursday.

Thursday's day-on-day price gains were relatively modest.

Crude oil prices dipped during Thursday’s trading before posting day-on-day gains to build on recent positive momentum.

Norway's oil regulator reduced its forecast for oil rig flanges gulf coast production this year.

(Bloomberg) -- Norway’s oil regulator reduced its forecast for oil rig flanges gulf coast production this year, predicting crude output could drop to the lowest in three decades before recovering in 2020.

Oil rose back above $50 a barrel, extending its longest rally in 1.5 years.

(Bloomberg) -- Oil rose back above $50 a barrel, extending its longest rally in 1 1/2 years as global risk assets were buoyed by the prospect of a thaw in trade tensions between the world’s biggest economies.

Venezuela will remap its Caribbean oil and gas prospects.

(Bloomberg) -- Venezuela will remap its Caribbean oil and gas prospects in a move that could further stoke a century-long border dispute with Guyana and collide with Exxon Mobil Corp.

(Bloomberg) -- TransCanada Corp. is taking the Canada out of its name.

The Calgary-based firm that was created in 1951 as TransCanada Pipelines Ltd. to bring natural gas to Eastern Canada from Alberta, will change its name to TC Energy in the second quarter.

The WTI's breakout may be stronger than anticipated.

Crude oil futures posted impressive gains Wednesday, with the West Texas Intermediate (WTI) and Brent benchmarks settling above the psychologically important $50 and $60 thresholds, respectively.