Egyptian authorities say an oil-drilling ship capsized in the Gulf of Suez, killing at least four crewmen and leaving four ...

Market chatter about a potential Shell-BP merger has intensified, fueled by BP’s weak performance, strategic flip-flops, and ...

The rigs were hired by Dubai-based Oriental Oil Co. and without the consent of GSP further rented to PEDCO. GSP had terminated the contract with the company on account of breach of contractual ...

If you liked this story, share it with other people. Researchers estimate that some 1 million birds, across 93 species, were killed due to the disaster, when an oil rig operated by BP Exploration ...

BP (Image: PA) Oil firms turning tide on tough first-quarter At the start of the week, Kathleen Brooks, research director at XTB, remarked that stock market uplifts were "driven by the energy sector." ...

Besides the BP oil spill, the lists includes the Great Recession of the early 2000s, COVID and Hurricane Michael. “You can see the decline,” she said, gesturing with her arms.

Fate unclear for ban on oil drilling along Apalachicola River in north Florida There's unconfirmed rumors of a veto by Gov. DeSantis, and a planned rally in Apalachicola to boost the ban.

The Dow, S&P 500, and Nasdaq all ended higher after falling Friday. The price of crude oil also fell almost 2% after a report claimed Iran is looking to negotiate with Israel to end the conflict.

Crude oil prices initially soared by +11% after news that Israel launched a major military strike on Iran, although prices have since fallen back and are currently up about +6%.

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a seventh week in a row to the lowest since November 2021, energy services firm Baker Hughes said in its closely ...

Associated gases put oil rigs in a real lose-lose scenario: burning the gas is an environmental hazard of its own, but the alternative — venting the gas directly into the atmosphere — is just ...