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

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 ...

U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in three weeks, energy ...

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.

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.

Most new oil and gas projects in 2024 were located offshore, where spills can be hard to detect. Researchers at the nonprofit ...

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 ...

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 ...