Total U.S. rig count remained at 551, with oil rigs down three and gas rigs up three. U.S. crude production rose to 13.713 million bpd, nearing an all-time high. Permian rig activity declined again ...

The total number of active drilling rigs for oil and gas in the United States stayed the same this week, according to new data that Baker Hughes published on Friday, keeping the total rig count in the ...

1528 ET – Crude oil futures settle the day slightly higher, but still finish the week losing ground. For the week, crude oil fell 1% to $62.89 a barrel. This afternoon’s Rig Count Report from Baker ...

The number of oil and gas rigs actively drilling in the U.S. remained unchanged at 551, Baker Hughes reported Friday in its latest weekly survey. During the week ended February 13, drilling rigs ...

In March 2001, the P36 oil platform suffered a chain of failures that began with a sealed tank, untrained contractors, and a buildup of gas no one noticed in time. When the tank ruptured, compressed ...

Decades of offshore oil drilling left behind massive steel structures no one wanted to deal with. When environmental risks, safety concerns, and legal pressure finally converged, governments and ...

Add Yahoo as a preferred source to see more of our stories on Google. An abandoned and inoperative oil pumpjack stands in the oil-rich Maracaibo region of western Venezuela. The pumps that brought ...

Breaking space news, the latest updates on rocket launches, skywatching events and more! You are now subscribed Your newsletter sign-up was successful Want to add more newsletters? Delivered daily ...

Transocean chief executive Keelan Adamson has received positive feedback from oil companies on its proposed merger with fellow drilling contractor Valaris, as consolidation in the rig business ...

HAVANA, Feb 16 (Reuters) - Garbage has begun to pile up on street corners in the Cuban capital of Havana, attracting hordes of flies and reeking of rotten food, in one of the most visible impacts of ...