The country’s government has consistently looked to China, its largest trading partner and ideological ally, for techniques ...

The total number of active drilling rigs for oil and gas in the United States fell by 4 this week, according to new data that Baker Hughes published earlier this week, bringing the total rig count in ...

Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. The total number of active drilling rigs for oil and gas in ...

A monster wave that shows up once every 10,000 years was responsible for a devestating tragedy on the Ocean Ranger oil rig. Today we're going to take a closer look at what happened on the day this ...

Footage released by Ukraine’s Special Operations Forces (SSO) revealed the moment Kyiv launched three separate explosive drones overnight targeting drilling platforms belonging to Lukoil, one of ...

Ukraine struck three Russian oil rigs operating in the Caspian Sea on Sunday following Moscow's large-scale bombardment over the weekend that left thousands without heat or power in Kyiv. Fo… ...

Idled oil rigs off the California coast could be back up and running soon if the federal government has its way. The Trump administration recently proposed a plan to open up the entire coast to new ...

President Trump on Friday called on top oil magnates to invest in new oil production projects in Venezuela as a deal with Caracas is around the corner, urging them to “rip out the old crap” and build ...

Years of sanctions, a war-damaged electrical grid and pipeline system, and a poor practice of disposing of unwanted refined heavy fuel oil by injecting it into oil field reservoirs had taken a huge ...

The country’s oil industry has undergone major shifts and two waves of nationalization since its first well started pumping in 1914. By Jonathan Wolfe Venezuela’s oil industry has undergone radical ...

One thing President Donald Trump has consistently promised after the U.S. ouster of Venezuelan President Nicolás Maduro is private U.S. investment in the country’s underproductive oil fields. "We're ...

Meeting with leaders of Exxon Mobil, Chevron and other oil companies, the president said he wanted the industry to invest $100 billion in rebuilding the infrastructure in Venezuela. Rebecca F. Elliott ...