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 ...

Edge AI & IoT for Oil Rigs: Oil rigs often function in remote and extreme environments where real-time decision-making is crucial. NVIDIA’s AI-powered edge computing, combined with NVLink and ...

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 ...

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).

operated by Walter Oil & Gas. This milestone marks a new era of advanced subsea technologies designed to optimize offshore production efficiency while reducing operational risks by not having to run ...

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 cur ...