CC0 Usage Conditions ApplyClick for more information. Extracting oil from the ocean floor requires a deep-sea rig setup with some of the most powerful machinery on the planet today: from motorized ...

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 ...

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.

Q2 profit S$161 million versus S$205 million year ago; O&M division net order book at S$3.4 billion. Singaporean conglomerate Keppel Corp posted a 21 percent drop in its quarterly profit and warned it ...

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 ...

The total number of active drilling rigs in the United States increased by 7 to 544 rigs this week, according to Baker Hughes. The rise was primarily driven by a gain of 9 gas rigs, reaching a total ...

May 10 (Reuters) - 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 (BKR.O), opens new tab said in its ...

The U.S. produces more crude oil than any other country on the planet. That fact would’ve sounded absurd just a decade ago, and even more absurd that we’re producing all that oil with far fewer rigs.

The total number of active drilling rigs for oil and gas in the United States decreased this week, with oil rigs declining by 65 year over year, while gas rigs increased. Despite the fall in active ...

They're the hulking hardware of a fossil fuel industry being blamed for climate change. But now scientists have discovered that North Sea oil rigs are being used as migratory stop-off points by ...