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 ...

Explore what topside means for offshore rigs. Understand its structure, key components, and importance in oil extraction ...

In its previous count, which was published on December 30, Baker Hughes revealed that North America dropped 16 rigs week on ...

Discover the incredible story behind the construction of the Petronius offshore oil rig, one of the most ambitious projects in the energy industry. This video takes you through the complex process of ...

Semi air brakes rely on compressors, reservoirs, dryers, valves, brake chambers, pushrods, and S-cams to move shoes or pads ...

Constraints on natural resources, legal complications and a cautious oil and gas industry have muted enthusiasm around Trump’s offshore drilling push.

Most investors want a diverse portfolio, as well as keeping some of their funds in non-liquid assets. Oil is one of the best ...

Political chaos, sanctions and technical mismanagement of the oil industry may have taken a heavy toll on the industry.

President Trump on Friday called on American oil companies to invest in Venezuela’s oil market — should a deal be reached ...

Fully restoring Venezuelan production will take years, but some can be restored through maintenance, which would be low-cost ...

Venezuela sits atop the world’s largest oil reserves. But output plummeted during the 12-year term of President Nicolás Maduro, who was captured early Saturday by US troops ...

Major U.S. oil and oilfield service companies are hesitant to re-enter Venezuela’s oil sector, despite the regime change, ...