The update comes at a time when the oil market is lurching into an oversupply that could make for challenging trading conditions in the months ahead. Image by Stanley Yeh via iStock Shell Plc said its ...

European energy giant Shell (SHEL) on Thursday said that it expects to report higher oil and gas production in the fourth quarter while flagging that its oil trading performance significantly worsened ...

Oil rigs, particularly the offshore type, are one of the most fascinating parts of the global energy industry. How do they work? How big can they get? Do they float on water? It's not surprising that ...

Add Yahoo as a preferred source to see more of our stories on Google. KYIV, Dec 11 (Reuters) - Ukrainian aerial drones struck a Russian oil platform in the Caspian Sea for the first time on Thursday, ...

The US drilling rig count climbed 5 units during the week ended Dec. 5 to reach a total of 527 rotary rigs working, Baker Hughes Inc. reported. Land-based drilling was up 3 units from a week ago to ...

FRESNO COUNTY, Calif. (KFSN) -- A 29-year-old man has died after being crushed while working on an oil rig in Fresno County, sheriffs say. Deputies were called around 10:45 a.m. on Monday about an ...

Fresno deputies report a 29-year-old worker crushed by falling steel. Incident occurred during oil rig removal on a Riverdale property Monday. Cal/OSHA and sheriff’s office opened an investigation ...

Shell PLC (NYSE: SHEL) has finalized a deal with Equinor ASA (NYSE: EQNR) to merge their U.K. offshore oil and gas operations into a new company called Adura. The new company was launched on Monday ...

The number of oil and gas drilling rigs in the U.S. fell by 10 to 544, after rising for five out of the previous six weeks, Baker Hughes said Friday in its latest weekly report. In the shortened week ...

NEW YORK (Reuters) -U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in four weeks, with oil rigs dropping to a four-year low, energy services firm ...

A central piece of a closed crude oil refinery in Convent recently came crashing down as Shell Oil shifts the nearly 60-year-old complex toward making renewable fuels, company officials confirmed. The ...

A young Black girl learns that her land allotment is rich with oil in this story that aspires to teach us a lesson about white predation. By Natalia Winkelman When you purchase a ticket for an ...