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

The Caspian Sea, also referred to as the world's "biggest lake," is home to one of the most unusual oil rigs ever seen. Bananas will not spoil or become mushy if not stored with 1 common ...

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 ...

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 ...

The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that ...

Cairn Oil & Gas, a part of the Vedanta Group and India’s largest private oil and gas exploration and production company, has ...

Deal with Parker Wellbore envisages expanding Cairn's operations in India using a high-performance 2000 HP drilling rig ...

Cairn Oil & Gas has signed a contract with Parker Wellbore to deploy a high-performance drilling rig in Rajasthan, boosting ...

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 ...