Most of the rigs had been abandoned at Keppel's yard by their owners. Keppel was the most celebrated builder and designer of ...

U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the first time since July 2024, ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

Facing an inevitable energy transition, oil and gas companies see carbon pricing as a way to control market uncertainty.

Bayswater Exploration and Production, a Denver-based oil and gas company, has entered into an agreement to sell $603 million ...

The active rig count in the US was up by 4 units for the week ended Feb. 7 with 586 rigs running, according to Baker Hughes data.

Environmentalists are worried the state — known for a lax approach to regulation — is not prepared for the added ...

Are you ready to share the road with massive semi-trucks cruising down the highways next to you without a human driver? Well, that is one step closer, thanks to the groundbreaking partnership ...

1 Barrel ≈ 158,98 Liters Oil (WTI) Price Per 1 Liter 0.46 USD 1 Barrel ≈ 0,136 Tonnes of Crude Oil Oil (WTI) Price Per 1 Ton 532.65 USD 1 Barrel = 336 Pint Oil (WTI) Price Per 1 Pint 0.22 USD ...

but they generally make money from retrieval via drilling on an oil rig or fracking in gas field—not sales. Upstream companies often face significant financial hurdles since drilling and mining ...