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

Crippled by a series of mysterious explosions, the world's largest offshore oil rig sunk into the Atlantic Ocean on Tuesday, the state-owned oil company Petrobras announced. The accident has ...

U.S. energy firms this week kept the number of oil and natural gas rigs operating unchanged, energy services firm Baker ...

Designed to assist offshore oil rigs, it cost around 2.97bn dollars to build. The world's largest crane ship, which is capable of lifting oil rigs, has set sail from its shipyard in South Korea ...

The total number of active drilling rigs for oil and gas in the United States slipped this week, according to new data that Baker Hughes published on Friday, after a 1-rig increase in the week prior.

India's ONGC operates fleet of more than 30 offshore drilling units and is largest operator of jack-up rigs in South Asia ...

The tech-heavy Nasdaq posted the largest gain with 0.70 percent ... An aerial view of an oil rig with drillers in hard hats working on the platform. Transocean Ltd. (NYSE:RIG) grew its share ...

Baker Hughes said oil rigs fell by two to 484 this week, while gas rigs rose by one to 103. In the Permian basin in West Texas and eastern New Mexico, the nation's biggest oil-producing shale ...