Located in the heartland of Venezuela's oil industry, on the Costa Oriental (Eastern Coast) of Venezuela's Lake Maracaibo, ...

U.S. oil and minerals companies might face extreme political risk and organized crime if they were to set foot in Venezuela after Nicolas Maduro's capture.

Masirah Oil secures Northern Offshore’s Energy Emerger rig for Yumna Field drilling from March. Find the latest news from the maritime industry on the PortNews website.

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Offshore drilling contractor Northern Offshore has secured a contract for its Energy Emerger jack-up rig for a drilling operation at Yumna ...

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ConocoPhillips Alaska executives eulogized the destruction of Doyon Oil Rig 26 — colloquially known as “The Beast” — before ...

Adnoc Drilling currently operates 140 rigs in the UAE, and following the closure of two ongoing transactions, its fleet is set to expand to 169 in the coming months ...

Oil prices broke higher as geopolitical risk surged, with Brent topping $70 for the first time since mid-2025 on fears of U.S ...

One reason the North Sea is emerging as a CCS hub, is its oil and gas legacy. After decades of production, the geology of potential storage sites is well explored, says Niels Schovsbo, a senior ...

Good morning, ladies and gentlemen, and welcome to the Murphy Oil Corporation Fourth Quarter 2025 Earnings Conference Call ...