By Victor AhiumaYoung Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, has threatened a nationwide strike as Naval ...

Deep in the Caspian Sea, around 100 kilometres off the coast of Azerbaijan's capital Baku, lies Neft Daslari, the world's oldest offshore oil platform. Also known as “Oil Rocks”, this vast, rusting ...

Neft Daşları, meaning “Oil Rocks,” was the world’s first oil-drilling platform. In recent decades, its population has dwindled, while sections have fallen into disrepair and been claimed by the sea.

China National Offshore Oil Corporation (CNOOC) announced on Thursday that "Recai No 1" or "Thermal Recovery No 1", the ...

Trump has summarised his energy policy with the catchphrase “drill, baby, drill”. It involves a widespread resumption in oil ...

BEIJING -- The world's first mobile thermal-injection platform was recently delivered in China's Shandong province, offering new opportunities to tap into China's vast potential for heavy-oil ...

The Interior Department’s Bureau of Safety and Environmental Enforcement on Thursday reported that in response to Hurricane Rafael in the Gulf of Mexico, an estimated 22.4% of ...

adding that no oil and gas has been leaked from the platform. The FPSO operator, Dana Petroleum, is working to identify and execute the necessary repair, according to Serica. In June, Serica said ...

As a result, Egypt has become unable to meet its growing energy demand. The decay is partially attributed to overdue payments ...

WTI futures traded around $71.26 per barrel, as of 9 a.m. ET. That’s an increase of 0.79% in the last 24 hours.

India’s decision to buy oil from Russia amid global uncertainties helped avert a potential spike in global oil prices, Union ...