The price of crude oil is steadily declining and in Scotland as in many other countries, this means the abandonment of oil rigs. To disassemble the machines is not just costly, it also might prove to ...

Families of those killed in an oil rig disaster 45 years ago have welcomed ... when it capsized in the Norwegian North Sea during a storm in 1980, killing 123 people, including 22 from the UK.

U.S. energy firms this week added oil and natural gas rigs for a fifth week in a row for the first time since May 2022, ...

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, after a 4-rig increase in the week prior.

Feb 14 (Reuters) - U.S. energy firms this week added oil and natural gas rigs for a third week in a row for the first time since December 2023, energy services firm Baker Hughes (BKR.O), opens new ...