Brazil’s Finance Ministry scrapped plans to tax transfers to offshore funds only hours after the announcement of the levy led to a selloff in the currency. In a post on X just after 11:30 p.m. local ...

OKLAHOMA CITY, May 23, 2025 /PRNewswire/ -- After careful consideration, Exchange Traded Concepts, LLC, the Fund's investment adviser has recommended, and the Board of Trustees of Exchange Traded ...

A 616-acre Enterprise Zone, innovation park and floating offshore wind in the Celtic sea will be amongst the projects to feature at the annual property investment gala UKREiiF, a Great South West ...

To the shock and outrage of environmental activists and some state and local officials, Sable Offshore Corp. announced that it started extracting oil last week from one of three long-shuttered ...

Former President Joe Biden, a Democrat, aggressively pursued plans by the federal government to add at least 35 gigawatts of offshore wind in the U.S. by 2030, beginning with Vineyard Wind off the ...

Malaysia’s oil and gas services firm Velesto has secured a drilling contract by Phu Quoc Petroleum Operating Company (PQPOC) for its NAGA 4 jack-up drilling rig, which will be put to work off Vietnam.

Any offshore oil rig that extends past 1500 meters is considered to be an ultra-deepwater production facility. However, that's still nowhere close to the deepest man has explored in the ocean.

An increasingly hot-button issue, oil rigs have become the physical embodiment of larger economic and environmental debates, garnering praise from conservative politicians and the ire of ...

ZF Wind Power has inaugurated a 13.2 MW test rig for gearboxes and powertrains in Coimbatore, India, marking it as the largest facility of its kind in the country. This advanced test rig will ...