The world’s largest semi-submersible oil rig, the Ocean Ranger, stands in the path of a violent North Atlantic storm. Believed to be “unsinkable,” it vanishes beneath the waves hours later—taking all ...

Stonewall County Judge Ronnie Moorhead said the project, led by Swenson Solar, will benefit the county, especially given the recent decrease in oil rigs in the area. “They’re going to be ...

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

Overall drilling activity slipped for a second consecutive week while the number of rigs drilling for oil hit an 11-month high. Oilfield services firm Baker Hughes said Friday its U.S. rig count ...

Neft Daşları or "Oil Rocks" was constructed in 1949 by Soviet leader Josef Stalin off the coast of Azerbaijan in the Caspian Sea. The rig originally consisted of just one drilling well and a ...

Recently, she had the opportunity to spend four days on a decommissioned oil rig converted into a dive resort. Divers stay on the oil rig and can take several dive trips there. It is a scuba diver’s ...

part of Vedanta Group and India's largest private oil and gas exploration and production company, has entered into an agreement to hire a high performance 2000 horsepower drilling rig from Parker ...

Sharp, rapid swings in the price of oil can have outsize effects on companies, economies, and global geopolitics. Oil price spikes can stunt economic growth, for example, and a sudden price plunge ...

An oil-exporting country’s “fiscal breakeven” oil price is the minimum price per barrel that the country needs in order to meet its expected spending needs while balancing its budget (figure 1).

With the Tennessee Titans once again "retiring" the Houston Oilers logo and jerseys from their Sunday attire, could the Houston Texans make a swoop at bringing back the iconic oil rig to the city ...

In this article, we are going to discuss the 12 best oil and gas dividend stocks according to billionaires. The United States of America is now producing more oil than any country in history.

Drill, baby, drill' does not work with $50 per barrel oil. Rigs will get dropped, employment in the oil industry will decrease, and U.S. oil production will decline as it did during COVID-19 ...