Global oil inventories have swollen at a rapid clip in recent months, but given the bulk of the increase has been in the Asia ...

Drilling activity in the San Juan Basin has surged to its highest level since 2015, fueled by a rise in natural gas prices.

Singapore-based offshore contractor OceanSTAR Elite (OSE) has achieved a key construction milestone with the keel-laying of ...

U.S. energy firms this week cut the number of oil and natural gas rigs operating for an 11th week in a row for the first time ...

The total North America rig count remained unchanged week on week, according to Baker Hughes' latest North America rotary rig count.

Baker Hughes said its weekly U.S. rig count fell for a fifth consecutive week to 563 rigs, the lowest level since November 2021.

Built to withstand extreme conditions and house hundreds of people, the size, complexity, and location of oil rigs makes dismantling them a massive task.

The total rig count in Canada is up 7 from last week and up 7 from the same period a year ago.

U.S. energy firms this week cut the number of oil and natural gas rigs operating to their lowest since January, energy services firm Baker Hughes said in its closely followed report on Friday.

If you've ever seen an offshore drilling rig, you know they're absolutely massive. But are these huge rigs, which are essential for oil production, built?

The increased rig count could signal that the market was not as shocked as some had feared by oil prices briefly plummeting below $60 per barrel.

We recently published a list of 12 Best Oil and Gas Penny Stocks to Invest in Now. In this article, we are going to take a look at where Transocean Ltd. (NYSE:RIG) stands against other best oil ...