THE LAWSUIT: A class action securities lawsuit was filed against Transocean Ltd. that seeks to recover losses of shareholders who were adversely affected by alleged securities fraud between October 31 ...
Following 2 straight weeks of steep declines to the rig count in Canada, the week ended Jan. 3, had just one rig withdrawn from operation, according to Baker Hughes.
The Zacks Oil and Gas - Drilling industry faces a mixed outlook, with domestic challenges and international opportunities shaping its future. U.S. rig counts have declined by 18% over the past year, ...