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The Scottish government has revealed that $5 million of funding is being made available as part of the fourth round of the Decommissioning Challenge Fund.
Brazil leads the global deployment of planned and announced FPSO vessels to 2025, according to GlobalData.
Brazil leads the global deployment of planned and announced (P&A) floating production, storage and offloading (FPSO) vessels to 2025, according to GlobalData.
Trump said the U.S. "immediately destroyed" an Iranian drone that approached the USS Boxer near the Strait of Hormuz, the latest sign of escalating military tensions around the critical oil chokepoint.
WTI and Brent crude oil futures declined for the fourth consecutive trading day.
West Texas Intermediate (WTI) and Brent crude oil futures declined for the fourth consecutive trading day.
Canadian natural gas producers are asking Alberta's government to give drillers a break on their royalty payments in return for cutting back output during periods of heavy pipeline maintenance.
U.S. President Donald Trump has warned that the U.S.-China trade war can ratchet up further, if the United States wants.
U.S. President Donald Trump has warned that the U.S.
Oil held its biggest loss in two weeks as President Donald Trump's threat of new tariffs on Chinese imports rekindled fears about global demand.
WTI and Brent crude oil finished lower again Wednesday.
West Texas Intermediate (WTI) and Brent crude oil finished lower again Wednesday, weighed down in part by the and the effect they would have on demand.
The U.S. has "shot itself in the foot" by pulling out of the nuclear accord with Iran, Foreign Minister Javad Zarif said.
New entrant exploration and oil rig flanges gulf coast production companies to the UK Continental Shelf since 2008 now control 46 percent of production.
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