Sharp, rapid swings in the price of oil can have outsize effects on companies, economies, and global geopolitics. Oil price spikes can stunt economic growth, for example, and a sudden price plunge ...

During his first week in office, President Donald Trump issued an executive order that aims to rename the Gulf of Mexico to the Gulf of America.

HOUSTON (Reuters) - Top U.S. oilfield services firms are facing weaker pricing and revenue this year as oil producers become increasingly efficient and keep a cap on spending, according to ...

Oil output at Iraq’s giant Rumaila field remains reduced by 300,000 barrels a day after a fire last week, according to an official. The timeline for a full recovery to previous levels of 1.2 ...

Much of the firm's sales have been driven by its 1460 and 1461 boots, which were initially popular among police officers and factory workers but are now adorned by celebrities including David ...

The oilfield services industry is expected to shrink by 0.6% in 2025 due to a decline in shale/tight oil and other onshore segments. Inflation, capacity constraints, and geopolitical factors are ...

The company has not made a final decision on whether or not it will go ahead. The Bay du Nord oilfield is roughly 500 kilometres off the coast of St. John's, in waters about 1,170 metres deep ...

We got our hands on the Tecovas LongHaul work boots, which are the cowboy-style choice in the lineup. After wearing them on the job, in the yard, and out in the field, here's how they performed ...

Kazakhstan’s largest oilfield, Tengiz, has achieved first oil coming from newly built production and processing facilities, the US Chevron-led operator, Tengizchevroil, confirmed on Friday.

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A Chevron-led consortium achieved first oil at a third processing plant in the Tengiz oil field, which is now expected to ramp up output to one million barrels of oil equivalent a day. Image by ...