The total number of active drilling rigs for oil and gas in the United States rose by 1 this week, according to new data that Baker Hughes published earlier this week ...

Engineers for BP hope that the remains of the Deepwater Horizon oil rig can be salvaged from the ocean floor to aid in their investigation of the collapse.

The total active drilling rig count for oil and gas in the US rose to 548 this week, primarily due to an increase in gas rigs, while active oil rigs remained unchanged. Weekly U.S. crude oil ...

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 ...

Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. The total number of active drilling rigs for oil and gas in ...

December WTI crude oil (CLZ25) on Monday closed up +0.38 (+0.64%), and December RBOB gasoline (RBZ25) closed up +0.0308 (+1.59%). Crude oil and gasoline prices settled higher on Monday. Dollar ...

A slump in active oil and gas rigs across the United States has undercut President Donald Trump's rallying cry to "drill, baby, drill," raising economic and political stakes for his administration.

India’s state-controlled Oil and Natural Gas Corporation (ONGC) has appointed energy and marine consultancy ABL to oversee the company’s rig moves between September 2025 and May 2026. ABL will act as ...

Oil rigs are structures used to extract crude oil and natural gas from beneath the Earth's surface, and there are many spread all over the globe. While most people think of offshore oil platforms as ...

Global energy and marine consultancy ABL has partnered up with Egypt’s Petroleum Marine Services (PMS) to introduce a unified rig moving service in the Red Sea and Gulf of Suez, with the support of ...