The answer is Goliat, a mammoth, beer-glass-shaped, floating oil platform that’s set to become the northernmost in the world. Last week the 65,000-ton rig arrived for commissioning near the ...

(Reuters) -U.S. energy firms this week cut the number of oil and natural gas rigs operating for a sixth week in a row for the first time since September 2023, energy services firm Baker Hughes ...

That wasn't all. While the "BBB" included tax incentives for the oil and gas industry, it slashed EV credits and imposed a fee on EV owners in place of the federal gas tax. That appeared to be the ...

California Highway Patrol A vehicle crash involving big rigs shut down southbound lanes of the Capital City Freeway just south of Watt Avenue and the freeway merge with Interstate 80, triggering ...

The number of rigs drilling for crude in the US plummeted to the lowest in about four years as shale explorers anticipate weakening global oil demand. Rigs targeting crude declined by 9 to 442 this ...

Offshore oil platforms grow nearer on the horizon. Behind the rigs, dark cumulonimbus clouds loom ominously as the 23-foot catamaran plows ahead. “(Forget) it, I got a wetsuit on,” Paul Cozic ...

The rig count is 35 rigs or 6% below the 594 reported last year. The number of rigs seeking crude oil sank nine rigs to 442 for the week, down 50 rigs or 10% from 492 last year. The number of rigs ...

Alberta’s government says it is cutting red tape to help service rig operators spend more time working in the field and not waiting at inspection sites. An oilfield service rig is a mobile platform ...

Baker Hughes reported last Friday that active US oil rigs in the week ending May 30 fell by -4 to a 3-1/2 year low of 461 rigs. The number of US oil rigs has fallen over the past two years from ...