Hurricanes contributed to a 66 percent rise in oil prices this year. Hurricane Ivan damaged or destroyed many oil platforms and pipelines in the Gulf of Mexico. That's helped make oil scarce, and ...

Top-paid oil rig operaters earn more than $89K. June 16, 2010 — -- The oil industry may be a magnet for controversy in the U.S. right now, with crude continuing to gush from BP's ruined deep ...

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 ...

Oil prices have fallen 20% since Trump took office, but California drivers see little relief at the pump due to soaring ...

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday. The total rig count in the US rose this week ...

The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday as operators continue to scale back. The total ...

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 ...

HOUSTON, Aug 5 (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 ...

At the heart of the U.S. shale industry in Texas, oil production is climbing. But you wouldn’t know that if you talked to ...

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.