The price to rent a deepwater drilling rig may climb to near record levels if demand from oil companies continues to increase ...

U.S. energy firms this week added oil and natural gas rigs for the first time in five weeks in the biggest weekly rise in a ...

Oil prices rose on Friday, extending a rally sparked by output disruptions in the U.S. Gulf of Mexico, where Hurricane ...

Oil prices fell on Friday as U.S. Gulf of Mexico crude production resumed following Hurricane Francine and rising data showed ...

Massive, offshore rigs the size of skyscrapers remain at sea around the world. Here's why these environmentalists say some ...

The U.S. added a total of eight rigs week on week and Canada dropped a total of two rigs during the same period, taking the ...

The families are pushing for a new inquiry into the disaster which killed 123 people in 1980. | ITV News Border ...

The total number of active drilling rigs for oil and gas in the United States rose substantially this week, bucking the ...

ONGC has cancelled tender process for at least seven jack-up rigs in recent months as operator aims to optimise its jack-up ...

Oilfield services firm Baker Hughes said Friday its U.S. rig count surged eight rigs — the biggest weekly rise since ...