Geopolitics and electricity are now closely interconnected in today’s world. In 2023, the global electricity industry was projected to generate an astounding $2.8 trillion in revenue, highlighting the ...

US drillers cut the number of oil rigs operating for the first time in three weeks, data from oilfield services provider Baker Hughes showed. The oil rig count, an early indicator of future ...

Baker Hughes said oil rigs fell by four to 479 this week, while gas rigs rose by two to 101. Story continues below this ad In the Permian in eastern New Mexico and West Texas, the nation’s biggest ...

The collision, which the ministry said caused "severe damages", occurred near the mouth of the Napo River as the B.A.P. Ucayali was navigating the area during a transit operation.

The last major oil spill in the Gulf of Mexico was the 2010 Deepwater Horizon event. Then, a BP-operated platform exploded, causing around 134 million gallons, of oil to discharge.

A Peruvian navy vessel has collided with an oil platform in the Amazon River, killing at least two people and leaving one missing. The collision happened in the early hours of Friday morning at the ...

The Gulf of Mexico, a vast expanse of salty blue that interfaces with the borders of five U.S. states and a significant portion of Mexico, is teeming with life. Among its myriad marine dwellers, the ...

Borr Drilling Ltd has announced new contract commitments for three of its premium jack-up rigs and additional fleet updates. Salunda has announced it has launched the Latch Hawk 2 fingerboard latch ...

LIMA (Reuters) -A Peruvian navy vessel collided with an oil platform operated by Perenco on the Amazon River leaving two people dead and one missing Peru's defense ministry said on Friday.

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 ...

price fluctuations in crude oil and natural gas; (b) changes in demand for Shell's products; (c) currency fluctuations; (d) drilling and production results; (e) reserves estimates; (f) loss of ...