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 ...

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 oil industry’s worst nightmare came true on July 6, 1988. The Piper Alpha oil platform suffered a catastrophic explosion, ...

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 ...

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 ...

NEW ORLEANS — Fifteen years after the Deepwater Horizon oil rig exploded off the Gulf Coast, killing 11 and sending 134 ...

In the summer of 2010, panic spread across the region when the Deepwater Horizon oil rig exploded​ in the Gulf.