Off-shore oil drilling currently accounts for over 35% of the world's total oil production, and that number has consistently risen over recent history. While a majority of oil extraction takes place ...

Later today, oil services and technology company Baker Hughes will release its U.S. rig count, which is the tally of active oil rigs in the country. Since the spring, rig count has declined, reaching ...

US President Donald Trump promised to ‘drill, baby, drill’. After a year in office, the US oil rig count is steadily ...

U.S. energy firms this week added oil and natural gas rigs for the first time in three weeks, energy services firm Baker ...

The number of drilling rigs working in the US and Canada fell by 13 the week ended Dec. 19, according to Baker Hughes.

When you think about offshore oil rigs, what comes to mind is what you may have seen in movies — skeletal towers in the middle of a vast sea, some flares cutting through the darkness, and a crew that ...

Oil rig counts are an unreliable indicator of presidential success in the oil industry, as they are influenced by various factors like oil prices, technological advancements, and global events.

If you've ever seen an offshore oil rig floating in the ocean, you've probably noticed those tall towers with flames shooting out of the top. Those towers are called the flare stack, and the flames ...

The total number of active drilling rigs for oil and gas in the United States fell by 1 this week, according to new data that ...

Top-paid oil rig operaters earn more than $89K. June 16, 2010 — -- The oil industry may be a magnet for controversy in the U.S. right now, with crude continuing to gush from BP's ruined deep ...

The number of active rigs targeting oil in the kingdom dropped to its lowest in more than two decades in July, according to Baker Hughes data. Image by champc via iStock The number of active oil rigs ...