Thirty crew members were rescued from the vessel, while one person remains missing, Peru's defence ministry says.

U.S. oil prices fell to around $56 a barrel after the OPEC Plus cartel said it would bring more oil to market.

Interior said Friday that a rule implemented in 2024 to impose supplemental financial bond requirements on offshore drilling ...

A Peruvian navy vessel collided with an oil platform operated by Perenco on the Amazon River leaving two people dead and one missing Peru's defense ministry said on Friday.

LIMA (Reuters) - A Peruvian navy vessel collided with an oil platform operated by Perenco on the Amazon River, killing at least two people, Peru's defense ministry said on Friday.

The number of oil rigs fell by 4 to 479—down by 20 compared to this time last year. The number of gas rigs rose by 2 this ...

Subsea Integration Alliance—comprising SLB OneSubsea and Subsea 7—has landed a sizable contract with BP under its global ...

The University of Southern Mississippi has had researchers involved since the early stages of the 2010 disaster.