Aberdeen became the oil capital of Europe and an estimated half a million jobs were created by the industry over the decades. The world's worst offshore disaster was on the Piper Alpha rig in 1988 ...

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 ...

An oil-exporting country’s “fiscal breakeven” oil price is the minimum price per barrel that the country needs in order to meet its expected spending needs while balancing its budget (figure 1).

When we look back in the distant future, I think we’ll remember today as the day that Southwest died. No, it is not going out of business, but its entire value proposition — everything that made it ...

Eleven people were killed. Two days later, the rig collapsed. Oil began seeping into the sea, and it continued to flow for almost three months. The Deepwater Horizon disaster is among the most ...

Migrants left stranded on the lower decks of a gas rig adrift in the Mediterranean Sea have made an urgent appeal for help as ...

One of the men took to social media to explain how they had set out from Libya and spent five days aboard a rubber dinghy before being shipwrecked at the rig in the Miskar oil and gas field ...

Thirty-two people were stranded on the British Gas-managed oil platform in the Mediterranean for several days Thirty-two migrants attempting to cross the Mediterranean have been rescued by an NGO ...

which then we have to respond to — whether it be an oil rig exploded, or a tank battery is on fire, or there’s an accident somewhere.” Harden told The Hill the men who donate their time as ...

ROME, March 4 (Reuters) - A charity vessel has rescued more than 30 migrants including two children who had been stranded for four days on a gas platform in the Mediterranean off the coast of ...

The number of active rigs drilling for oil and gas in the U.S. rose by 1 to 593 for a fifth straight weekly gain, Baker Hughes said Friday in its latest report. Despite the increase, Baker Hughes ...

Why is Christian Science in our name? Our name is about honesty. The Monitor is owned by The Christian Science Church, and we’ve always been transparent about that. The Church publishes the ...