Vår Energi and its partners have announced a gas discovery in the Elgol prospect within the Barents Sea. The find was made at ...

The Bilit Deep-1 wildcat will be drilled by Velesto Energy’s jack-up rig Naga 4, with two anchor-tug supply vessels — the ...

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).

The number of rigs drilling in inland waters was unchanged at 2. The number of rigs drilling for oil and the number of rigs drilling for gas changed only slightly week over week, gas adding one ...

The Rig season 2 is officially here, with the Prime Video series continuing the story of the Kinloch Bravo crew. Following a devastating tsunami, the crew are facing a major predicament with ...

If winter TV is about escapism then it’s hard to get any further away from reality than The Rig (Amazon Prime Video). Series one was set on a North Sea oil platform but soon spiralled even ...

NEW YORK, Jan 2 (Reuters) - Oil prices settled up by more than $1 a barrel on Thursday as investors returned for the first trading day of 2025 with an optimistic eye on China's economy and fuel ...

The Rig is returning, and the Kinloch Bravo team’s nightmare is far from over after the events of season 1. Initially set on an oil rig off the coast of Scotland, The Rig got off to a strange ...

BANDAR SERI BEGAWAN, Jan 1 — A man whose intense, unblinking stares at female models turned him into a viral sensation in November has made his first international splash — by landing in Brunei ...

Childhood memories of towering oil rigs being built in the Cromarty Firth inspired the writer David Macpherson to dream up a North Sea-set supernatural thriller from his flat in the seaside town ...