Off the coast Peru, at the junction of the cold nutrient-rich Humboldt Current and the warm Equatorial Counter Current, a decommissioned oil drilling platform stands quiet and idle. Beneath the ...

Try as so many private and government organizations might, switching everywhere on Earth over to clean, renewable energy -- including some strange sources being explored-- is still a long way away.

Off-shore oil drilling currently accounts for over 35% of the world's total oil production, and that number has consistently risen over recent history. While a majority of oil extraction takes place ...

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Oil rig counts are an unreliable indicator of presidential success in the oil industry, as they are influenced by various factors like oil prices, technological advancements, and global events.

Later today, oil services and technology company Baker Hughes will release its U.S. rig count, which is the tally of active oil rigs in the country. Since the spring, rig count has declined, reaching ...

A British oil rig worker has had his life changed after he became an overnight millionaire and was able to quit his job.

Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. The total number of active drilling rigs for oil and gas in ...