When a Texas oil company first announced controversial plans to reactivate three drilling rigs off the coast of Santa Barbara ...

Over the years Abu Dhabi has witnessed many engineering marvels, from the Sheikh Zayed Bridge to the museums of Saadiyat ...

Venezuela’s autocrat had proposed allocating his country’s oil wealth and other natural resources to the U.S. and ending ...

It looks absurd - giant cargo ships hauling entire vessels on their backs across the open ocean. But this is no joke. From broken-down warships to billion-dollar yachts and oil rigs, shipping ships is ...

The Texas oil major signed agreements that lay the groundwork for it to explore the giant Majnoon oil field, ending the ...

The Earth’s own heat can be brought up from underground and used as a source of energy that emits almost no greenhouse gases ...

ExxonMobil is considering re-entering Iraq after a nearly two-year hiatus by signing agreements that would lay the groundwork ...

Saudi Arabia’s oil drilling giant ADES Holding Company has received 99.6% shareholder approval for its merger with Norwegian ...

US oil and gas drilling rig activity increased this week with the addition of 7 rigs, bringing the total working rigs to 549. This week’s count, however, is down 38 rigs from the comparable period a ...

India's ONGC plans to hire at least four cantilever-type jack-ups of MLT or BMC design, able to operate in water depths up to ...

Exxon Is Axing 2,000 Jobs. Why the Oil Giant Made the Move Now. Benchmark oil prices have slumped this year as the OPEC+ cartel bids to win back market share. Spotify Founder Daniel Ek Leaving CEO Job ...