Australia's Woodside Energy said on Friday it would sell some assets in its offshore oil and gas project in Trinidad and Tobago to London-based Perenco for $206-million. The sale includes the Greater ...

U.S. energy firms this week kept the number of oil and natural gas rigs operating unchanged, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, ...

Peerless Penticton, one of this city’s longest-serving industrial businesses has been sold and is moving its manufacturing operations to Saskatoon early this summer. Peerless has been one of ...

NVIDIA is redefining the AI landscape with its Blackwell architecture, which provides industry-leading computing power for AI model training and inference. The company’s GB200 GPUs are becoming ...

Britain first discovered gas in the North sea in 1965. Oil finds soon followed and by the early 1980s the UK was exporting more oil than it imported. Aberdeen became the oil capital of Europe and ...

Sharp, rapid swings in the price of oil can have outsize effects on companies, economies, and global geopolitics. Oil price spikes can stunt economic growth, for example, and a sudden price plunge ...

An oil-exporting country’s “fiscal breakeven” oil price is the minimum price per barrel that the country needs in order to meet its expected spending needs while balancing its budget (figure 1).

Innovex International, Inc., (Innovex), a leading manufacturer of highly engineered drilling and production equipment, is proud to announce the successful installation of its first-ever Dril-Quip VXTe ...

Extra-virgin olive oil has the most scientific evidence for its health benefits. But avocado and high-oleic vegetable oils are also good for your health. Social media is rife with conflicting ...

U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in six weeks, energy services firm Baker Hughes said in its closely followed report on March 7. The ...

The total number of active drilling rigs for oil and gas in the United States slipped this week, according to new data that Baker Hughes published on Friday, after a 1-rig increase in the week prior.

North Sea oil and gas producers face a fresh windfall tax under plans to ensure British households “share in the profits” of future energy crises. Ministers on Wednesday confirmed that the ...