U.S. energy firms this week kept the number of oil and natural gas rigs operating unchanged, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, ...

Salunda has announced it has launched the Latch Hawk 2 fingerboard latch monitoring device, with the aim of preventing dropped objects and improving safety during pipe handling on offshore drilling ...

Edge AI & IoT for Oil Rigs: Oil rigs often function in remote and extreme environments where real-time decision-making is crucial. NVIDIA’s AI-powered edge computing, combined with NVLink and ...

Aberdeen became the oil capital of Europe and an estimated half a million jobs were created by the industry over the decades. The world's worst offshore disaster was on the Piper Alpha rig in 1988 ...

Sharp, rapid swings in the price of oil can have outsize effects on companies, economies, and global geopolitics. Oil price spikes can stunt economic growth, for example, and a sudden price plunge ...

An oil-exporting country’s “fiscal breakeven” oil price is the minimum price per barrel that the country needs in order to meet its expected spending needs while balancing its budget (figure 1).

Big Rigs is Australia's No. 1 trucking publication and media source with a diverse readership that includes government departments, white and blue collar personnel within transport companies, ...

Eleven people were killed. Two days later, the rig collapsed. Oil began seeping into the sea, and it continued to flow for almost three months. The Deepwater Horizon disaster is among the most ...

The distant signs and the metal railings of MGS2's oil rig are more cleanly defined, and likewise, it resolves Metal Gear Solid 3's dense forest areas with a sharper image. Again, visual noise is ...

U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in six weeks, energy services firm Baker Hughes said in its closely followed report on March 7. The ...

The total number of active drilling rigs for oil and gas in the United States slipped this week, according to new data that Baker Hughes published on Friday, after a 1-rig increase in the week prior.

Saudi Aramco is considering a potential offer for lubricant assets being sold by BP Plc, as the Middle Eastern company pushes for acquisitions that deepen its reach in oil consuming countries, ...