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A top exec says America's oil industry is at a 'tipping point' and US production is set to drop
The CEO of Diamondback Energy said in a letter to shareholders that falling oil prices will lead to a decline in US ...
Two dead after Peruvian navy ship hits oil platform in Amazon River
Thirty crew members were rescued from the vessel, while one person remains missing, Peru's defence ministry says.
Into the Shadows on MSN9d
The Worst Oil Rig Explosion in History | Piper Alpha Disaster
The oil industry’s worst nightmare came true on July 6, 1988. The Piper Alpha oil platform suffered a catastrophic explosion, ...
Waterline Stories on MSN1d
Tiny Error, Massive Loss: The $350M Oil Rig Fail
A routine task turned into a financial catastrophe. This oil rig was worth $350 million - until workers made a fatal mistake.
E&E News2d
Interior to unwind Biden rule on offshore oil rig cleanups
Interior said Friday that a rule implemented in 2024 to impose supplemental financial bond requirements on offshore drilling ...
Oil Falls as OPEC+ to Add Another 411,000 Barrels a Day
Crude futures slid after OPEC+ agreed to raise output by 411,000 barrels a day in June, speeding up the gradual return of 2.2 million barrels a day in voluntary production cuts.
Peru Navy Vessel Collides With Perenco Oil Platform in Amazon, Killing at Least Two
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.
The Gazette6d
At least two dead after Peru navy vessel hits Perenco oil platform in Amazon
LIMA (Reuters) -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.