Oil prices dropped slightly early on Thursday on expectations of higher global production amid forecasts for weak demand ...

On Tuesday, the Organization of the Petroleum Exporting Countries cut its global oil demand growth forecast to 1.82 million bpd in 2024, down from 1.93 million bpd forecast last month, on weak demand ...

Valaris, a leading offshore driller, has a strong financial position but faces near-term challenges due to idle rigs and ...

Oil prices are down from their highs earlier this year, OPEC has given up its attempt to push oil to $100 per barrel, and ...

Truck Parking Club analyzed numerous film databases to compile a list of 10 classic movies paying homage to the trucking industry.

SALINAS, Calif. (KION-TV) -- Salinas Police said they're actively investigating a projectile incident in Salinas where a big rig was damaged by what they're describing as a "commercial grade firework.

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 ...

U.S. energy firms kept the number of oil and natural gas rigs unchanged this week, with the count falling by two in October, energy services firm Baker Hughes said in its closely followed report on ...

In recent years, Chinese-manufactured oil rigs have earned a strong reputation in global markets due to their advanced technology, cost-efficiency, and comprehensive service support, especially for ...

11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the ...

U.S. energy firms kept the number of oil and natural gas rigs unchanged this week, with the count falling to a 17-year low in Pennsylvania, energy services firm Baker Hughes said in its closely ...