The top Democrat on the House Natural Resources Committee called on President Biden Friday to take action to permanently ...

Equinor has announced the discovery of oil and gas near the Fram field in the North Sea, estimated at 13–28 million barrels ...

Ocean data technology specialist Terradepth has launched a cloud-native geospatial platform for its offshore energy clients, ...

New research led by the Australian Institute of Marine Science (AIMS) in collaboration with Deakin University and ORCAS ...

The revolution is the product of advances in oil and natural gas production technology—notably, a new combination of horizontal drilling and hydraulic fracturing. These technological advances ...

enhancing its competitive position in the offshore drilling market. Transocean's stock remains undervalued despite rising day rates and strong fundamentals, partly due to low oil prices and market ...

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 ...

The Australian government estimates it will cost industry at least $60 billion by 2070 to decommission oil and gas infrastructure and the Centre of Decommissioning Australia estimates 5.7 million ...

In recent years, Chinese-manufactured oil rigs have earned a strong reputation in global markets due to their advanced technology, cost-efficiency, and comprehensive service support, especially for ...

NEW YORK, Oct 25 (Reuters) - A top economist for the state of New Mexico, the second-largest oil-producer in the U.S., this week released a study on potential drilling restrictions that could hit ...