Montrose Port Authority, a support and service hub for the North Sea energy industry, has received a $2 million (GBP 1.5 million) grant from the Scottish government.

Nothing is more important than ensuring the safety of those offshore.

One common misconception of current frac fluids used in shale is that they contain hundreds of chemicals.

(Bloomberg) -- Jerry Morales, the mayor of Midland, Texas, and a local restaurateur, is being whipsawed by the latest Permian Basin shale-oil boom.

(Bloomberg) -- Oil slid lower after a U.S. government report showed a surprise increase in domestic crude stockpiles.

Futures dropped 1.2 percent in New York on Wednesday to the lowest level in almost two months.

June 6 (Reuters) - U.S. crude oil stockpiles rose unexpectedly last week even as refineries hiked output to the highest in five months, while gasoline stocks increased sharply as demand eased, the Energy Information Administration said on Wednesday.

June 5 (Reuters) - The U.S. government has asked Saudi Arabia and some other OPEC producers to increase oil oil rig flanges gulf coast production by about 1 million barrels a day, Bloomberg reported https://bloom.bg/2JcgQvb on Tuesday, citing people familiar with the matter.