U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in three weeks energy, ...

Here, the ferries that shuttle workers to oil rigs in the nearby Gulf of Mexico periodically halt service due to nonpayment.

Island Drilling Company AS has been awarded a three-year contract for well plugging on Equinor-operated fields on the Norwegian continental shelf (NCS) using the Island Innovator semi-submersible rig.

Building on synergies with the oil and gas sector, geothermal companies seek to go hotter and deeper to unleash energy.

Aberdeen became the oil capital of Europe and an estimated half a million jobs were created by the industry over the decades. The world's worst offshore disaster was on the Piper Alpha rig in 1988 ...

Sharp, rapid swings in the price of oil can have outsize effects on companies, economies, and global geopolitics. Oil price spikes can stunt economic growth, for example, and a sudden price plunge ...

An oil-exporting country’s “fiscal breakeven” oil price is the minimum price per barrel that the country needs in order to meet its expected spending needs while balancing its budget (figure 1).

How do you test the latest Minecraft features? These snapshots are the very first iteration of Minecraft updates and are a way for Mojang to test out bug fixes, technical changes, and even new ...

Eleven people were killed. Two days later, the rig collapsed. Oil began seeping into the sea, and it continued to flow for almost three months. The Deepwater Horizon disaster is among the most ...

This big bad red Kenworth C500 comes from a reader who works the oil fields in Alaska. That's not a sleeper on the back of the cab either. "There's a big triplex pump in there," said the reader.

Oil rigs are critical for supplying the world with energy but working on a rig is not without its risks. In the eighties, a horror diving accident saw five men die after an unprecedented change ...

Baker Hughes, a leading energy services company, said that the U.S. oil and gas companies have cut back on the number of oil rigs for the first six weeks. The number of oil and gas rigs, a good ...