A team hopes to place instruments in the waters beneath the colossal Thwaites Glacier, with the help of a drill that uses hot ...

Exxon Mobil Corp. and Chevron Corp. surpassed profit expectations as higher oil production helped offset the blow from lower ...

Venezuela approved a new law opening the nation’s oil sector to private companies again, giving foreign companies more ...

Discover the top 4 undervalued Energy Equipment & Services stocks for Friday, January 30 based on AAII’s Stock Grades.

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.

Rebuilding Venezuela’s oil sector would be a long-cycle, capital-intensive process, not a rapid production restart.

Treasury Secretary Scott Bessent is promising that 2026 will be the year of the “Trump boom,” but some economists wonder if President Donald Trump’s chief economic messenger is writing checks that the ...

Fifty years on from its early pioneering role in manufacturing platforms for the oil industry, Kishorn Port, on Scotland’s Atlantic coast, is expanding to build the vast structures needed for wind pow ...

A major offshore oil discovery by U.S.-based Murphy Oil has raised hopes of a new boost for Vietnam’s energy sector, with early estimates suggesting recoverable reserves of more than 430 million ...

The rig will be used by MOL to perform drilling of three development wells in the offshore Yumna Field in Block 50, Oman.

The licence issued by the US Treasury Department Thursday covers a variety of activities that could expedite the movement of ...