Satellite imagery shows the worst sites worldwide for oil slicks and methane emissions. Report authors expect pollution will ...

Offshore oil rigs have made it possible to collect oil and natural gas from below the ocean's floor, appearing as massive megastructures in the middle of open water. Given their sheer size and ...

Tariffs on consumables such as imported steel, OCTG, cement, and drilling fluids result in near-immediate price increases that will see higher costs passed directly to operators, Wood Mackenzie ...

A routine task turned into a financial catastrophe. This oil rig was worth $350 million - until workers made a fatal mistake. Federal judge says results of North Carolina court race with Democrat ...

There’s some evidence this happened briefly in early April, when prices dropped and so did active oil rigs, said Matt Smith at the analytics firm Kpler. “It's a clear signal that we hit that ...

US drillers cut the number of oil rigs operating for the first time in three weeks, data from oilfield services provider Baker Hughes showed. The oil rig count, an early indicator of future output, ...

Borr Drilling Ltd has announced new contract commitments for three of its premium jack-up rigs and additional fleet updates. Salunda has announced it has launched the Latch Hawk 2 fingerboard latch ...

Aberdeen became the oil capital of Europe and an estimated half a million jobs were created by the industry over the decades. The world's worst offshore disaster was on the Piper Alpha rig in 1988 ...

Panametrics' flare.IQ technology for reducing emissions, is featured in a report by the Net Zero Technology Centre and North Sea Transition Authority. flare.IQ has been adopted by operators across ...

The U.S. Federal Aviation Administration said on Wednesday it had granted exemptions to four companies to use drones commercially for aerial surveying, construction site monitoring and oil rig flare ...

Florida legislators passed a bill banning oil drilling near the Apalachicola Bay to protect its ecosystem and shellfish industry. The bill prohibits drilling within 10 miles of the Apalachicola ...

NUPRC representative Balarabe Haruna reported that OML18 Resources owes a total of $20,232,978.58 — comprising $17,370,619.89 in crude oil royalties and $2,862,358.69 in gas flare penalties.