On the outskirts of Baku, the smell of sulfur hangs thick in the air. Flares from oil refineries light up the night sky, a constant reminder of the industry that has dominated Azerbaijan for over a ...

BP plans to explore for new oil fields in the Azeri Caspian Sea, BP's upstream chief Gordon Birrell told Reuters.BP is ...

New Delhi: The Bibi-Heybat, Balakhani, Sabunchi, and Romani oil fields were discovered near Baku, Azerbaijan in 1871. These discoveries marked the beginning of large-scale oil production in ...

This big bad red Kenworth C500 comes from a reader who works the oil fields in Alaska. That's not a sleeper on the back of the cab either. "There's a big triplex pump in there," said the reader.

Oil rigs are critical for supplying the world with energy but working on a rig is not without its risks. In the eighties, a horror diving accident saw five men die after an unprecedented change ...

U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in six weeks, energy services firm Baker Hughes said in its closely followed report on Friday. The ...

Steel plays a crucial role in oil production, from drilling rigs to pipelines, and the new tariffs could drive up costs for energy companies across the region. In addition, imported crude oil from ...

Azerbaijan has significantly increased its exports of crude oil and crude oil products to Portugal, according to the latest data from the State Customs Committee, Azernews reports. During the first ...

BAKU, Azerbaijan, March 6. The oil revenues of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) are expected to reach 9.8 billion manat ($5.7 billion) this year, the Deputy Executive ...

Armada has partnered with offshore-focused communications firm Tampnet to provide Edge compute to oil rigs in the Gulf of Mexico. Tampnet and Armada have announced a partnership aiming to offer on-rig ...

Italy's government has approved a law to overturn a 40-year ban on nuclear energy, aiming to establish a comprehensive regulatory framework for sustainable nuclear power production. The plan ...

Third, the extended interval-valued LsoMA model with interval-valued exogenous variables demonstrates the gains in forecast accuracy through forecast combination. By doing so, our approach improves ...