Discover the remarkable story of the Petronius oil rig, an engineering marvel situated in the Gulf of Mexico. This video explores the technological innovations and challenges faced during deep-sea oil ...

China was reportedly building oil and gas rigs inside Taiwan’s exclusive economic zone, in what analysts claimed was part of a campaign to slowly chip away at the island’s defences and expand ...

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.

Off-shore oil drilling currently accounts for over 35% of the world's total oil production, and that number has consistently risen over recent history. While a majority of oil extraction takes place ...

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 ...