John Horjes, president of Alaska Materials, announced April 13 that the company has entered into a definitive agreement with US Mat Systems. The agreement includes "exclusive rights" to all US Mat ...

Equinor ASA EQNR, the Norwegian integrated energy firm, has received the approval of the Norwegian Ocean Industry Authority (Havtil) to conduct drilling activities in a field located offshore Norway.

Producing the world’s heaviest deepwater crudes is a complicated process that many majors walked away from—but Brava Energia stepped up. Atlanta field represents a breakthrough in ultradeepwater oil ...

Halliburton HAL and Nabors Industries Ltd. NBR have reached a breakthrough by completing the first fully automated surface and subsurface execution of rotary and slide drilling operations in Oman.

Macduff Ship Design are delighted to announce the recent delivery of the new build fishing vessel, ‘GRACIOUS’ PD 103, to ...

Oil prices dropped $2 on Thursday after U.S ... Day," bringing new duties that could overturn the global trade system. Both benchmarks settled higher in the previous session but turned negative ...

You bring your car to the auto repair shop and they slap a sticker on the windshield: change your oil again in 3,000 miles or three months. You probably knew that the 3,000-mile interval was ...

Baker Hughes reported last Friday that active US oil rigs in the week ending March 28 fell -2 rigs to 484 rigs, mildly above the 3-year low of 472 rigs posted on January 24. The number of US oil ...

The objectives for the development of Direct Injection were to deliver a more effective catalyst system that would reduce costs (capital, installation, and operational) and cut plant parasitic loads ...

Sharp, rapid swings in the price of oil can have outsize effects on companies, economies, and global geopolitics. Oil price spikes can stunt economic growth, for example, and a sudden price plunge ...

Those concerns were highlighted in the 1970s when episodes of sharply rising oil prices led to recessions, economic stagnation, and high inflation. However, recent gains in U.S. oil and natural ...

The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday, following a 1 rig gain in the prior week.