The Emirati national guard says it has evacuated 24 people from an oil tanker after a collision between two ships just east of the world’s most critical oil chokepoint, the Strait of Hormuz ...

SPARTAN 151 RIG, COOK INLET — Deep below the ocean floor outside Anchorage this spring, a huge drill bit chewed through multi ...

By Ben Aris in Berlin Iran has somewhere between 5,000 and 6,000 naval mines, according to US intelligence estimates, which it could use to block the Straits of Hormuz and halt the flow of a fifth of ...

RIG boasts strong backlog, cost savings and global contracts, but faces net losses, high debt, idle rigs and pricing pressure in a volatile market.