Iraq's largest oil rig has completed a critical phase at the Majnoon oilfield to increase the country's oil output.

Off-shore oil drilling currently accounts for over 35% of the world's total oil production, and that number has consistently risen over recent history. While a majority of oil extraction takes place ...

Ukraine said its drones struck a Russian oil rig belonging to Lukoil in the Caspian Sea and a military patrol ship near a rig ...

MEXICO CITY, June 21 (Reuters) - Mexico's state oil monopoly Pemex said it will acquire eight new offshore oil drilling platforms and other equipment worth $1.2 billion to expand production in the ...

KYIV, Dec 11 (Reuters) - Ukrainian aerial drones struck ‌a ​Russian oil platform in ‌the Caspian Sea for the first time on Thursday, halting ​production at the facility owned by Lukoil, according to ...

The Security Service of Ukraine (SSU) has launched a second drone attack on Russian oil rigs in the Caspian Sea, forcing ...

Ukraine’s Security Service targets another Russian oil platform in the Caspian Sea, damaging critical infrastructure with ...

An emergency repair to cap an abandoned oil well leaking oil and methane gas under a house on the Balboa Peninsula is taking ...

HUNTINGTON BEACH, Calif. (CNS) -- The CEO of the company that owns the oil rig and underwater pipeline at the center of a massive leak off the coast of Huntington Beach insisted Wednesday the company ...