An oil rig sank in the waters off Trinidad Sunday, leaving one worker missing, the company and oil workers union said. The rig, operated by Well Services in the Gulf of Paria, between Trinidad and ...

The total U.S. rig count is made up of 483 oil rigs, 102 gas rigs, and four miscellaneous rigs, according to the count, which revealed that the U.S. total comprises 527 horizontal rigs ...

Oil prices settle lower despite ongoing supply disruption concerns By Investing.com - Oct 11, 2024 Investing.com-- Oil prices settled lower Friday despite ongoing supply disruption concerns as traders ...

An oil rig owned and operated by Well Services Petroleum Company Limited has collapsed in waters off Trinidad's south-west peninsular. State-owned Heritage has responded to the pre-dawn incident ...

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AN investigation into the incident at Rig 110 will be launched, Minister of Energy Stuart Young said yesterday. A team was monitoring the response operations, he noted. Yesterday morning ...

but they generally make money from retrieval via drilling on an oil rig or fracking in gas field—not sales. Upstream companies often face significant financial hurdles since drilling and mining ...

The real-time price of Brent crude oil is at $73.41 per barrel, and the price of WTI crude oil is at $70.26 per barrel. Oil prices are customarily quoted in dollars (USD) around the world, not only in ...