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

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

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

Shipbuilding has come a long way since the days of sail and wooden hulls. These ships carry out some wild missions thanks to ...

Norwegian operator BW Energy has announced a final investment decision for a new US$1.5 billion standalone oilfield ...

The number of active oil rigs worldwide fell by 70 year-on-year (YoY) in April to 1,616, according to data from oilfield services company Baker Hughes ...

BW Energy makes FID on Maromba field development in Brazil . BW Energy is pleased to announce the final investment decision (FID) for the Maromba development offshore Brazil based ...

A significant carbon management project led by Frontier Carbon Solutions LLC (Frontier) -- in partnership with the University ...

ONGC said the Panna-Mukta and Tapti (PMT) joint venture partners, Shell (through BGEPIL), Reliance Industries (RIL) and ONGC, ...

President Donald Trump announced Sunday he will impose a 100% tariff on movies produced outside the United States, describing ...

India's Jubilant FoodWorks' strong sales growth for the March quarter is set to outpace rivals whose franchisees are expected ...

OPEC+'s June hike is part of a broader plan to gradually unwind production curbs totaling 2.2 million barrels a day. Last month, the group stunned the market by announcing an increase of 411,000 ...