Thousands of North Sea jobs are at risk after oil and gas services group Petrofac announced plans to appoint administrators on Monday.

LAGOS, Oct 8 (Reuters) - Nigeria has commissioned its first wholly owned Floating Storage and Offloading vessel near its Bonny export terminal, one of the companies which developed it said, as ...

Today is the day. The opening game for the 2025–26 season. Energy is high in Oil Country, fresh off of extensions to key personnel like Kris Knoblauch, Vasily Podkolzin, and Jake Walman. And of course ...

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 ...

Nigeria’s crude oil rigs have risen astronomically from eight to 69 in the past four years. The 762.5 per cent leap, said Nigerian Upstream Petroleum Regulatory Commission (NUPRC), indicates renewed ...

Scientists have determined that marmalade hoverflies can transport pollen hundreds of kilometers away after studying them on a remote oil rig. Pollinators play a vital role in our ecosystems, and ...

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced a significant rise in the country’s rig count to 69, reflecting renewed activity and investor confidence in the nation’s oil ...

The total number of active drilling rigs for oil and gas in the United States stayed the same this week, according to new data that Baker Hughes published on Friday. The total rig count in the US ...

An 8% weekly loss is a rare occurrence in oil markets, especially if it comes on the back of five straight daily declines. Even though Friday’s trading has shown a marginal recovery with ICE Brent ...