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U.S. energy firms this week added oil and natural gas rigs for a fourth week in a row to the highest level since June, energy services firm Baker Hughes said in its closely followed report on Friday.

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Transporting massive cargo like oil rigs, cruise ships, and even other ships requires something ...

Waves lashed the Ocean Ranger oil rig knocking out a porthole window and allowing water to submerge the ballast control room, ...

The Midland Basin depleted its inventory of excess DUCs the most last year, falling from two months of runway to one during ...

Human-made structures act as artificial reefs, luring plankton and, in turn, Earth’s largest fish. That could put whale sharks at risk of ship strikes.

Plunge beneath the waves in James Cameron's Oscar-winning sci-fi thriller. When a nuclear sub mysteriously sinks, an oil rig crew is recruited help the search and rescue effort.

Crude oil inventories in the United States saw a colossal build of 8.7 million barrels during the week ending January 31, according to the U.S. Energy Information Administration. Crude oil prices ...

While that is bad news for Canadian oil producers, it isn’t nearly as bad as it looks. Canada depends heavily on the U.S. to sell its crude. In 2023, it produced 4.6 million barrels a day ...

March WTI crude oil (CLH25) Wednesday closed down -1.15 (-1.56%), and March RBOB gasoline (RBH25) closed down -0.0150 (-0.72%). Crude and gasoline prices Wednesday settled moderately lower, with ...

Baker Hughes reported last Friday that active US oil rigs in the week ending January 24 fell by -6 to a 3-year low of 472 rigs. The number of US oil rigs has fallen over the past two years from ...