The world oil market faces an even bigger surplus next year of as much as 4 million barrels per day as OPEC+ producers and ...

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 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 ...

There’s one particular oil price forecast that’s caught the attention of our writer. If it’s right, the BP share price could ...

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 ...