From RigZone by Bojan Lepic|~ Saipem 7000, Saipem’s giant semi-submersible crane vessel, has tilted in a fjord in Norway with 275 people aboard....
DUBAI (Reuters) – A decision driven by Saudi Arabia that OPEC+ should stop using oil data from the West’s energy watchdog (the...
When oil and gas wells are shut down and abandoned, dangers to local communities and the environment linger. Story Credit: Carlsbad Current-Argus,...
Discussion on the future price of oil seems to be a very contentious topic these days. The die-hard bulls will focus on the...
Record high prices at the fuel pump aren’t slowing Americans down. By Justin Jacobs, Energy Source newsletter from The Financial Times –...
Since Russia invaded Ukraine, many Western oil companies as well as traders, shippers, and bankers have stayed away from Russian oil. But...
Even with oil prices above $100 a barrel and gas prices averaging over $4 a gallon at the pump, oil companies and...
The West Texas Intermediate (WTI) oil price companies need to profitably drill a new well in the U.S. is increasing, according to...
ConocoPhillips is considering selling its gas-producing assets in the Anadarko basin of North Texas and Western Oklahoma, in the US, reported Reuters,...
HOUSTON (Reuters) –Occidental Petroleum on Wednesday outlined plans to advance its clean energy transition business, including spending between $800 million and $1...