Pipeline safety regulators on Monday assessed their largest fine ever against the company responsible for leaking 1.1 million ...

In its previous count, which was published on December 23, Baker Hughes revealed that North America dropped 64 rigs week on ...

Brent crude oil prices fell to below $60 a barrel on Tuesday, the lowest since May, amid investor optimism over progressing peace talks between Russia and Ukraine, and a wave of oversupply hitting ...

The geology and science behind oil drilling can be quite interesting and important for understanding which companies are the right fit for your investment. When people talk about oil drilling, many of ...

Rescue boats attempt to put out the blaze from the Deepwater Horizon oil rig after it exploded on April 20, 2010. The disaster became the worst marine oil spill in American history. NOAA Early one ...

The number of oil and gas drilling rigs in the U.S. fell by 10 to 544, after rising for five out of the previous six weeks, Baker Hughes said Friday in its latest weekly report. In the shortened week ...

If the federal Bureau of Ocean Energy Management gets its way, 19.88 million acres of Eastern Gulf will be opened to offshore drilling. Eastern Gulf offshore rigs could be as close as 100 miles south ...

Early one morning in March 2010, Captain Gary Jarvis cast a heavyweight line into the Gulf of Mexico from the deck of his 57 foot charter boat, Backdown 2. The sun hadn’t yet risen. But bright white ...

LONDON, Nov 10 (Reuters) - Oil prices have oscillated in a relatively narrow range of $60 to $70 a barrel in recent months, reflecting both warnings over rising oil supplies as well as concerns about ...