The energy giant has been weakened by years of mishaps and poor decisions, leading to rumors of a takeover that may not ...

U.S. crude oil production surged to an all-time high of 13.24 million barrels per day (bpd) in April, according to newly ...

BP’s failed four-year transition experiment has destroyed market credibility and value, says analyst. Read more at straitstimes.com. Read more at straitstimes.com.

United Arab Emirates-headquartered Shelf Drilling has secured a five-year extension for one of its jack-up units that is ...

Danos has earned a contract from Beacon Offshore Energy to provide “production services” for the Shenandoah floating ...

Saudi Arabia is the largest oil exporter that relies on the Strait and accounts for nearly 40% of the oil exports that pass through it. Following Saudi Arabia are Iraq, the United Arab Emirates, ...