Discover the remarkable story of the Petronius oil rig, an engineering marvel situated in the Gulf of Mexico. This video ...

By Newsbase The number of active oil and gas rigs in the US has fallen considerably over the past three years, according to a ...

U.S. energy firms this week added oil and natural gas rigs for the third time in four weeks, energy services firm Baker Hughes said in its closely followed report on Friday.

An extended closure of lanes on westbound Interstate 80 is expected Friday afternoon after a big rig crash and oil spill, officials said.

U.S. oil and natural gas drilling activity has continued to decline even as production reaches record highs, the U.S. Energy ...

The world's biggest oil companies are expected to press ahead with plans to accelerate production growth when they report earnings this week. Image by Olivier Le Moal via iStock The world’s biggest ...

Var Energi ASA, Norway's third-biggest oil and gas company, sees oil's supply and demand outlook stabilizing next year. Var Energi ASA, Norway’s third-biggest oil and gas company, sees oil’s supply ...