News

The start-up of an offshore well caused zinc contamination in Mars crude, Chevron said on Friday, leading to the tightening ...
The number of total oil and gas drilling rigs in the US fell by 2 to 537, the lowest total since October 2021 and posting its 11th consecutive weekly decline, Baker Hughes reported.
The total number of active oil and gas drilling rigs in the United States has decreased again this week, alongside a dip in ...
U.S. energy firms this week cut the number of oil and natural gas rigs operating for an 11th week in a row for the first time ...
One would think that the offshore industry would be cratering with oil prices for a barrel having fallen from the $70s into ...
LNG Canada has shipped its first cargo from British Columbia, while Nova Scotia is reopening offshore natural gas exploration ...
The well encountered a 14-m gas column in the Stø formation in sandstone totaling 70 m and with good reservoir quality.
Transocean trades near 52-week lows despite rising day rates and tight rig supply. Find out why I think RIG’s stock is highly ...
Normally, younger rocks are deposited above older ones, forming predictable geologic layers. In the North Sea, this process ...
TradeWinds is the essential source of global shipping business news and commentary. Our subscription service offers the ...
The oil industry’s worst nightmare came true on July 6, 1988. The Piper Alpha oil platform suffered a catastrophic explosion, ...