A crane operator has shared the perks of working on an offshore oil rig - from free accommodation and food to the rig's ...

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U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in four weeks, energy ...

Valaris, a leading offshore driller, has a strong financial position but faces near-term challenges due to idle rigs and ...

We recently published a list of 10 Oversold Energy Stocks To Buy Now. In this article, we are going to take a look at where ...

A year ago, 310 rigs were active in the region. Nationally, the oil and gas rig count is unchanged from last week at 585 rigs. A year ago, 616 rigs were active. The count shows that 479 rigs ...

The total U.S. rig count is made up of 479 oil rigs, 102 gas rigs, and four miscellaneous rigs, according to Baker Hughes, which showed that this total comprised 520 horizontal rigs, 49 ...

The total number of active drilling rigs for oil and gas in the United States saw no change again this week, according to new data that Baker Hughes published on Friday, after holding steady in ...

Constructed in the late 1940s during the Soviet era, Neft Daslari began as a lone drilling rig on a tiny island and has since grown into an extensive network of oil wells, production sites ...

In the late 1940s, oil workers landed on a tiny island and built a drilling rig and a small house for accommodation. The first exploratory well was drilled in 1949, sending up a fountain of ...