The number of total drilling rigs in the U.S. fell for the third straight week, down by 2 to 576, Baker Hughes reported in its latest weekly survey.

Standing as one of the largest offshore oil drilling platforms globally, the Berkut platform is a remarkable feat of ...

A significant carbon management project led by Frontier Carbon Solutions LLC (Frontier) -- in partnership with the University ...

US drillers cut the number of oil rigs operating for the first time in three weeks, data from oilfield services provider Baker Hughes showed. The oil rig count, an early indicator of future output, ...

The U.S. Coast Guard has set up over 15,000 feet of boom to contain the spill off of the coast of Plaquemines Parish. An 83-year-old well is gushing a mixture of crude oil and natural gas into ...

May 2 (Reuters) - U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in three weeks, energy services firm Baker Hughes (BKR.O), opens new tab said ...

Striking Nigerian workers will release hundreds of hostages - including 35 Britons - they have been holding for weeks aboard oil rigs off the west African nation's shore. The agreement securing ...

Aberdeen became the oil capital of Europe and an estimated half a million jobs were created by the industry over the decades. The world's worst offshore disaster was on the Piper Alpha rig in 1988 ...

The oil industry’s worst nightmare came true on July 6, 1988. The Piper Alpha oil platform suffered a catastrophic explosion, leaving most workers trapped in an inferno at sea.

The speedy permitting policy opens the door for the U.S. to expand oil and gas projects and for Mr. Trump to make good on his promise to "Drill, baby, drill" — a common refrain on his campaign ...

Miscellaneous rigs lost a rig and now stands at 5. The latest EIA data showed that weekly U.S. crude oil production dipped slightly, from 13.462 million bpd to 13.460 million bpd.

The details: The U.S. added two oil rigs and 1 natural gas rig in the week ending on Friday, according to Baker Hughes’ rig count, a longtime indicator of production. All of the rigs added were ...