Thirty crew members were rescued from the vessel, while one person remains missing, Peru's defence ministry says.

Interior said Friday that a rule implemented in 2024 to impose supplemental financial bond requirements on offshore drilling ...

A routine task turned into a financial catastrophe. This oil rig was worth $350 million - until workers made a fatal mistake.

Saudi Arabia is boosting oil output, pressuring U.S. shale producers and shaking markets. Here's how this move could impact ...

A Peruvian navy vessel collided with an oil platform operated by Perenco on the Amazon River leaving two people dead and one missing Peru's defense ministry said on Friday.

LIMA (Reuters) - A Peruvian navy vessel collided with an oil platform operated by Perenco on the Amazon River, killing at least two people, Peru's defense ministry said on Friday.

US independent EOG Resources is looking to fast-track a new shallow-water oil discovery in Trinidad & Tobago in an area ...

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Shipbuilding has come a long way since the days of sail and wooden hulls. These ships carry out some wild missions thanks to ...

The number of oil rigs fell by 4 to 479—down by 20 compared to this time last year. The number of gas rigs rose by 2 this ...

By Juliet Aguiar DUGBARTEYThe Department of Oil and Natural Gas Engineering at Takoradi Technical University (TTU), in collaboration with the Society of Petroleum Engineers (SPE) TTU Chapter, has ...

The University of Southern Mississippi has had researchers involved since the early stages of the 2010 disaster.