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 ...

Baker Hughes said Friday its weekly U.S. rig count was up one rig to 593 rigs, the highest level since last June. Still, the ...

A cargo ship that smashed into a US military chartered oil tanker off the northeast coast of England on Monday was carrying ...

Oil prices gain despite OPEC+ production increases, while natural gas futures surge due to cold weather and supply concerns.

Perhaps the most prominent of which is the divergence between rig counts and production. Crude oil rigs in the US peaked at ~623 in late 2022 and have been in decline ever since. Production gains ...

Drilling activity posted its first decline in six weeks during the first week of March. Oilfield services firm Baker Hughes ...

Oil prices edged up on Wednesday, supported by a weaker dollar, but gains were capped by mounting fears of a US economic ...

Transocean Ltd. (NYSE:RIG) grew its share prices for a second day to finish 9.75 percent higher at $3.04 each, in line with the oil and gas drilling industry as bright prospects about the energy ...