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

They heard a loud bang echo through the platform, then another, and then the entire structure trembled. Within seconds, a cracked weld tore loose, ripping a pontoon free and sending the 10,000-ton rig ...

Oil drove the gain in Canada, with 128 rigs drilling for oil this week. In the US, gas-directed rigs increased by 2 to 127, ...

An investigation has been launched after the death of a worker on an offshore installation in the North Sea. Lee Hulse passed ...

Lee Hulse, 32, died on Friday while working on the Valaris 121 oil platform, off the coast of Aberdeen in Scotland ...

The Department of the Interior has unveiled its proposal to expand oil and gas drilling along America's coasts.

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Biglari says it was falsely told the oil company's assets included a dormant drilling rig worth $8.4 million that Biglari ...

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 ...

After trailing the market for most of the year, the oil services industry is suddenly setting the pace and enjoying a Q4 ...

That’s oil business for you. Craig B. Smith, PhD, is a former faculty member in the UCLA School of Engineering. During his ...