U.S. energy firms this week added oil and natural gas rigs for the first time in eight weeks, energy services firm Baker Hughes said in its closely followed report on Jan. 31. The oil and gas rig ...

U.S. energy firms this week added oil and natural gas rigs for the first time in eight weeks, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count ...

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For the week ended Jan. 31, the rig count in Canada stood at 258, according to Baker Hughes data. There were 12 additional oil-directed rigs working in Canada and 1 additional gas-directed rig ...

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to ...

Aberdeen became the oil capital of Europe and an estimated half a million jobs were created by the industry over the decades. The world's worst offshore disaster was on the Piper Alpha rig in 1988 ...

MOSCOW (AP) — Rescue workers have successfully removed almost 1,500 tons of oil left onboard a tanker that ran aground ... were badly damaged in stormy weather on Dec. resulting in thousands ...

Flurries with a high of 19 °F (-7.2 °C) and a 47% chance of precipitation. Winds WSW at 6 to 7 mph (9.7 to 11.3 kph). Night - Partly cloudy with a 43% chance of precipitation. Winds variable ...

Families of the more than 120 men killed when an oil rig capsized 45 years ago were failed by official investigations, a new study has concluded. The Alexander Kielland platform was being used as ...

North Dakota’s oil production was estimated to be down by between 70,000 barrels per day (bpd) to 100,000 bpd due to extreme cold weather and related operational challenges, the state’s pipeline ...

“In 2024, new crude oil tanker deliveries dropped to a 36-year low as only 17 new tankers, with a capacity of 2.5m deadweight tonnes (DWT), joined the fleet. Compared to 2023, the capacity ...

Changing oil in cold weather can take a toll on both machines and people. Working in subzero conditions quickly induces fatigue. As the ambient air temperature drops, oil thickens and equipment ...