Oil prices closed slightly higher in choppy trading on Thursday, as a steep draw in U.S. fuel stocks outweighed oversupply ...

Using ink on paper and Adobe Photoshop, the Filipino architect, designer and artist transformed the North Sea oil-rig into a building that inspires regeneration and sustainability. The Architecture ...

11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the ...

Ministry officials have come up with three options for the platform: a destroyer, a large commercial ship or an oil rig. The options will be presented to ruling coalition lawmakers as early as ...

Much has been written about the new low oil price environment in recent months ... Since its inception, Hoidi has specialised in providing ocean engineering services and production for jack-up and ...

In the late 1940s, oil workers landed on a tiny island and built a drilling rig and a small house for accommodation. The first exploratory well was drilled in 1949, sending up a fountain of ...

Even so, Russia's output is drawing uneasy glances from OPEC. A surge of Russian oil could undercut the cartel's effort to adjust its production to hold world oil prices between $22 and $28 a barrel.

According to data from Baker Hughes BHI, the number of rigs drilling for oil and gas has fallen by about 20% in the past year. This decline reversed a steady increase that began after the rig ...

A decommissioned oil rig has been destroyed in a controlled explosion at a yard in the Highlands. The Northern Producer had been used in the Dons oil fields about 100 miles north-east of Shetland.

Opinions expressed by Forbes Contributors are their own. Robert Rapier is a chemical engineer covering the energy sector. One of the most popular articles I have ever written is Average Gasoline ...

The Rig, the world’s first tourism destination on an offshore oil platform, will be capable of hosting up to 10,000 visitors, its chief executive has said. The adventure tourism megaproject ...

Our investigation shows that the country has built sprawling shadow financial channels, which run from its oil rigs to the virtual vaults of its central bank. China, Iran’s main buyer ...