Those concerns were highlighted in the 1970s when episodes of sharply rising oil prices led to recessions, economic stagnation, and high inflation. However, recent gains in U.S. oil and natural ...

T7 Global Bhd has received its drilling jack-up rig, which will be mobilised to support PETRONAS Carigali Sdn Bhd’s plug and ...

In contrast, oil stocks were some of the few shining stars during the bear market of 2022. In fact, energy was the only sector to post a gain that year. This year? Not so much. Of the 23 energy ...

With clear skies, several offshore oil rigs are visible on the horizon beyond a creeping wall of mangroves planted to blunt some of the erosion that is reclaiming southern Louisiana’s coastal ...

Aberdeen became the oil capital of Europe and an estimated half a million jobs were created by the industry over the decades. The world's worst offshore disaster was on the Piper Alpha rig in 1988 ...

U.S. energy firms kept the number of oil and natural gas rigs unchanged this week, with the count falling by two in October, energy services firm Baker Hughes said in its closely followed report on ...

KOTA KINABALU: Sabah understands the high stakes in the palm oil industry and is committed to future-proofing the sector, says Datuk Seri Hajiji Noor (pic). The Chief Minister said the palm oil ...

For the freshest news, join The Borneo Post's Telegram Channel and The Borneo Post on Newswav. Previous ArticleCustoms Dept seizes over RM3 mln duty-unpaid ciggies, beer in KK, Penampang ...

The Australian government estimates it will cost industry at least $60 billion by 2070 to decommission oil and gas infrastructure and the Centre of Decommissioning Australia estimates 5.7 million ...

In the letter, the professor questioned how there could be 18,000 Guyanese working on the offshore oil rigs, as stated by President Irfaan Ali. She logically reasoned that Ali’s claim was ...

In recent years, Chinese-manufactured oil rigs have earned a strong reputation in global markets due to their advanced technology, cost-efficiency, and comprehensive service support, especially for ...

11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the ...