and $5 billion for transforming a Persian Gulf oil rig into an adventure tourism resort, among a huge range of projects. In January, the Saudia Arabian government raised $12 billion by selling ...

lowering the total oil and natural gas rig count for a third consecutive week, energy services firm Baker Hughes (BKR.O), opens new tab said in its closely followed report on Friday. The oil and ...

Now, the trend has shifted to natural gas as the growth driver for the oil and gas industry. Europe remains central to global LNG trade, taking 55% of US LNG exports in 2024, per LSEG data. As ...

Eureka is an offshore oil rig that pumps oil out of the sea floor and pipes it to refineries on the California coast. Soon, the rig will end its operations, and it's unclear what will happen to ...

Here's why these environmentalists say some should be left alone. An oil rig in the Gulf of Mexico, off the coast of Holly Beach, Louisiana. The Gulf is one of the richest deposits of offshore oil ...