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The topic has resurfaced in local media following U.S.-based maritime analyst group SeaLight's review of new satellite images of the former oil drilling rig, as first reported in a Newsweek exclusive.
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It was confirmed on Apr. 20 that the large fixed maritime structure China installed without authorization in the Provisional Measures Zone (PMZ) of the Yellow Sea originated as an oil drilling rig ...
The increased rig count could signal that the market was not as shocked as some had feared by oil prices briefly plummeting ...
Did you know that after the completion of the construction of one of the tallest buildings in the world - the Empire State ...
Imagine standing on the banks of a calm Louisiana lake, birds darting overhead, and a light breeze rippling the water’s ...
U.S. drilling activity sees a slight uptick with two additional rigs, marking the first increase in four weeks.
The number of active rigs drilling for oil and gas in the U.S. rose for the second week in a row, adding 2 to 587, according to new data published by Baker Hughes.
New oil well drilling in Russia has accelerated to the fastest in five years despite the recent oil price decline, Bloomberg has reported, suggesting the pick-up in activity anticipates a further ...
Russia's oil producers have been drilling at a pace not seen in at least five years as the nation readies for both a loosening of OPEC output limits and the possibility of relief from some war ...
Asia-focused independent Jadestone Energy is expecting to start soon drilling operations offshore ... Jadestone said the jack-up rig Valaris 247 has arrived on location at Montara, where it ...