Discover the remarkable story of the Petronius oil rig, an engineering marvel situated in the Gulf of Mexico. This video explores the technological innovations and challenges faced during deep-sea oil ...

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that ...

Petrobras PBR, Brazil’s state-controlled integrated oil and gas company, is set to advance its offshore production capabilities with the upcoming deployment of the P-84 and P-85 Floating Production ...

Efficiency gains in the Permian, the largest U.S. oilfield and the engine of U.S. shale production, are getting harder to ...

Pascall joined FM in 2007 and became CEO in May 2022. If ever there was a baptism of fire for an incoming mining CEO it would be the November 2023 shutdown of a $10 billion mine barely 18 months into ...

The WSJ report, which cites people familiar with the matter, comes after a Variety item on Tuesday claimed that Paramount was ...

Saudi Arabia’s Public Investment Fund trimmed its exposure to U.S. equities in the third quarter, shedding stakes in nearly a ...

For those who never believe or see anything good in Nigeria, a first-of-its-kind crude oil export terminal that will change ...

Documents show SLB’s Russian subsidiary using American-owned oilfield technology to manufacture equipment that supports ...

Houston’s land is sinking. And its fast-growing population and growing water demands are making it worse in the suburbs. Here ...

By then, California was already a leading producer. Farther south, in Los Angeles, oil pumps proliferated on suburban tracts as speculators chased new finds. In 1923, about 1 in 4 barrels of oil ...

Converting Southern California oil wells into commercial projects is a real estate gusher, but comes with enhanced risk.