Four Pacific nations are backing deep-sea mining, while others worry about environmental consequences. The split could ...

Discover the fascinating world of offshore oil rigs, towering giants surpassing even the tallest skyscrapers. The Empire ...

US independent Murphy Oil has secured two jack-up drilling rigs for separate exploration and development programmes in ...

Crude oil prices are on the defensive ahead of today's Trump-Putin summit, which will reportedly begin at around 3 pm ET, according to Reuters, after the US oil futures market officially closes.

The rig count is still near four-year lows. The number of oil rigs, however, rose by 1 for the second week in a row to 412, although year over year this represents a 71-rig decline.

Baker Hughes’ overall tally of active drilling rigs in Canada increased 3 units to 183. The count was down by 34 units compared with the year-ago level.

Crude oil prices are sharply lower today on a bearish weekly EIA crude inventory report of +3.0 million bbls and a bearish oil surplus forecast by the International Energy Agency.

The MX-1 oil rig off Peru's Los Órganos became a hotspot for marine life, hosting nearly 8,000 fish from 27 species as an artificial reef after decommissioning.

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a third week in a row, energy services firm Baker Hughes said in its closely followed report on Friday.

The number of active oil rigs in Saudi Arabia fell after several oil-field projects aimed at maintaining production capacity were completed, said Aramco Chief Executive Officer Amin Nasser.

HOUSTON (Reuters) -The falling number of oil and gas rigs deployed across the United States is reaching a level that would indicate onshore crude output from the world's top producer could fall in ...