Oil prices jumped on Friday and settled 7% higher as Israel and Iran traded air strikes, feeding investor worries that the combat could widely disrupt oil exports from the Middle East.

OSLO (Reuters) -Norwegian labour unions have agreed to a wage deal, averting a strike at floating offshore oil and gas ...

Rosneft Oil Company underscores that conviction and signals its determination to remain ahead of the curve in a rapidly ...

Baker Hughes, a leading energy services company, said that the U.S. has cut its number of operating oil and gas rigs for the ...

MANITOULIN—Members and friends of the Can-Am Dinghy Cruising Association are planning Manitoulin 250, a circumnavigation of Manitoulin Island starting on July 5 and departing and ending in Little ...

The ongoing saga of charges against Kagawong resident Bill Concannon were withdrawn on June 12 at the Gore Bay courthouse, and a 12-month peace bond was entered into by Mr. Concannon the same day.

The Frederick Mann will be homeported in Kodiak, Alaska. This vessel is the third FRC to be homeported in Kodiak and the 6th to join the fleet in Alaskan waters, reinforcing maritime security and ...

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a 10th week in a row for the first time ...

Dramatic video captures the moment a Coast Guard Jayhawk helicopter pulled an ill oil worker off a rig and transported him to ...

Associated gases put oil rigs in a real lose-lose scenario: burning the gas is an environmental hazard of its own, but the alternative — venting the gas directly into the atmosphere — is just ...

At latitude 71.3 north, it will be 140 miles closer to the pole than Russia's Prirazlomnoye platform in the eastern Pechora Sea—the only other offshore rig currently producing oil in Arctic waters.