Bitcoin miners won’t just mine Bitcoin — they’ll become full-blown energy companies. That’s the future, says Evan Owens, VP ...

Brazilian drilling contractor Constellation Oil Services has been awarded a new contract with Petrobras to carry out ...

Kjøttkake is DNO’s tenth discovery since 2021 in the Troll-Gjøa exploration and development area, following Røver Nord, Kveikje, Ofelia, Røver Sør, Heisenberg, Carmen, Kyrre, Cuvette, and Ringand.

OMV Petrom and ROMGAZ have commenced drilling the first well in the Neptun Deep project, which is claimed to be the largest ...

OMV (Norge) AS has plugged the Horatio prospect in the North Sea. The well is classified as dry. Well 35/6-6, the first to be drilled in production license 1109, was drilled using the Transocean Norge ...

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).

How do you test the latest Minecraft features? These snapshots are the very first iteration of Minecraft updates and are a way for Mojang to test out bug fixes, technical changes, and even new ...

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Eleven people were killed. Two days later, the rig collapsed. Oil began seeping into the sea, and it continued to flow for almost three months. The Deepwater Horizon disaster is among the most ...

This big bad red Kenworth C500 comes from a reader who works the oil fields in Alaska. That's not a sleeper on the back of the cab either. "There's a big triplex pump in there," said the reader.