An increasingly hot-button issue, oil rigs have become the physical embodiment of larger economic and environmental debates, garnering praise from conservative politicians and the ire of ...

Oil rigs are structures used to extract crude oil and natural gas from beneath the Earth's surface, and there are many spread all over the globe. While most people think of offshore oil platforms ...

For the week ended May 16, the rig count in Canada stood at 121, according to Baker Hughes data. There were 6 additional oil-directed rigs working in Canada last week and 1 additional gas-directed ...

The total U.S. rig count is made up of 483 oil rigs, 99 gas rigs, and five miscellaneous rigs, according to Baker Hughes’ count, which revealed that the U.S. total comprises 527 horizontal rigs ...

- Fresh US sanctions on Iran raise supply concerns as its expected to tighten global oil markets and impact Middle Eastern oil trade ...

The U.S. added two oil rigs and one natural gas rig in the week ending Friday. The increased rig count could signal that the market was not as shocked as some had feared by oil prices briefly ...

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 ...

The total number of active drilling rigs for oil and gas in the United States slipped again this week, according to new data that Baker Hughes published on Friday, following a 6-rig decrease last ...

HOUSTON, May 16 (Reuters) - Oil and gas operators in North Dakota have indicated they plan to drop rigs and frac crews due to weaker oil prices, a move that is likely to impact output in the third ...

Miscellaneous rigs lost a rig and now stands at 5. The latest EIA data showed that weekly U.S. crude oil production dipped slightly, from 13.462 million bpd to 13.460 million bpd.