North Sea oilfield services giant Petrofac has lined up administrators Teneo, threatening more than 2,000 jobs in Scotland as ...

The energy services provider, which had been undergoing a financial restructuring, employs about 2,000 people in Scotland.

Ministers are scrambling to save one of the Britain’s largest offshore contractors after its holding company filed for ...

Oil and gas services firm Petrofac is set to appoint administrators, placing thousands of jobs in jeopardy across its global ...

Oil rigs are structures used to extract crude oil and natural gas from beneath the Earth's surface, and there are many spread all over the globe. While most people think of offshore oil platforms as ...

June WTI crude oil (CLM25) today is up +1.66 (+2.86%), and June RBOB gasoline (RBM25) is up +0.0522 (+2.57%). Crude oil and gasoline prices today are moderately higher after President Trump announced ...

When you think about offshore oil rigs, what comes to mind is what you may have seen in movies — skeletal towers in the middle of a vast sea, some flares cutting through the darkness, and a crew that ...

They're the hulking hardware of a fossil fuel industry being blamed for climate change. But now scientists have discovered that North Sea oil rigs are being used as migratory stop-off points by ...

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday.