A consortium led by Milan-based oilfield services company Saipem has won three new offshore contracts for BP’s Shah Deniz Compression project in Azerbaijan.

“President Ilham Aliyev’s visit can redefine economic partnership, moving it beyond traditional energy and transport ...

Just months after BP's Deepwater Horizon oil rig explosion, which leaked millions of barrels of oil into the Gulf of Mexico, another Gulf oil rig exploded into flames Thursday.

BAKU, Azerbaijan, October 18. The operation to tow the Neptune jackup rig to the offshore area where it will operate - the ...

All 34 employees of the business, which was established in the early 1970s, were made redundant after the mining ...

In the late 19th century, Bombay was a key import and transshipment port for Russian kerosene. The city’s market was ...

The partnership aims to identify promising production zones of the mature assets, develop comprehensive reservoir modeling, and design well and drilling rig programs to support the Early Production ...

ABUJA, Oct 2 (Reuters) - Nigeria has boosted daily crude oil output to between 1.7 million and 1.83 million barrels and the number of active drilling rigs from 31 in January to 50 by July, as reforms ...

LONDON, Oct 2 (Reuters) - Fuel oil used in ships and power plants is seeing unexpected demand, with efforts to curb its use more than offset by an expanding shadow fleet of oil tankers serving Russia ...

The new trailer for the second season of Taylor Sheridan’s Landman is here ahead of the show’s November 16 release date. Paramount has been ramping up promotion for Landman Season 2 in recent weeks, ...