India’s biggest refiner, state-held Indian Oil Corporation Ltd, is preparing to launch in early 2026 a trading joint venture with the world’s biggest independent oil trader, Vitol, to trade crude and ...

Discover the remarkable story of the Petronius oil rig, an engineering marvel situated in the Gulf of Mexico. This video explores the technological innovations and challenges faced during deep-sea oil ...

The number of oil and gas drilling rigs in the US fell by 10 to 544, with oil rigs hitting their lowest count since September ...

The Baker Hughes Oil Rig Count in the USA increased to 419 from the previous count of 417, marking a rise of 2 rigs. This represents a 0.48% ...

The Trump administration reportedly wants to turbocharge offshore oil drilling in the U.S., including the coast of California. But it remains to be seen if any new rigs ever get built. “Dead on ...

Norway is initiating its 26th oil and gas licensing round in unexplored frontier areas to increase exploration and resources, aiming to counter an anticipated decline in production from the early ...