Thousands of oil and gas rigs are becoming redundant around the world – and taking them out of service, known as decommissioning, is a multi-billion dollar business. It’s also a complex operation ...

China is making rapid strides in catching up with developed nations in offshore drilling, driven by a push toward scientific ...

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Decommissioning the world’s ageing offshore oil and gas infrastructure can be dangerous, costly and complex, and progress so far has been far from encouraging ...

US crude prices eked out a weekly gain of 14 cents a barrel, with the near-month NYMEX contract for light sweet crude closing ...

Artificial intelligence is speeding up oil and gas drilling and prompting companies to take a second look at places they had ...

Seadrill Limited strengthens its position with $1B in backlogs, share buybacks, and growth potential. Read why SDRL stock is ...

Mexico's state oil company Pemex expects to continue diverting barrels of heavy crude away from U.S. Gulf Coast refiners as ...

Remington Oil and Gas was the apparent high bidder on two offshore lease blocks at the OCS Sale 196. Remington Oil and Gas was the apparent high bidder on two offshore lease blocks at the OCS Sale ...

Artificial intelligence is speeding up oil and gas drilling and prompting companies to take a second look at places they had ...

Murphy Oil Corporation has announced that a subsidiary has signed a Purchase and Sale Agreement to acquire the BW Pioneer ...