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

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.

Rig owners can look forward to rising dayrates as oil and gas companies step up investment decisions and more units are retired, according to the world’s top two floater players. Currently lower than ...

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that ...

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 ...

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.

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 ...