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 ...

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

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

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 ...

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 ...

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

ADNOC is considering an initial public offering (IPO) of its newly-created energy investment firm, XRG, on a stock market ...