Gas flares from an oil production platform at the Soroush oil fields in the Persian Gulf, south of the capital Tehran, July 25, 2005 Raheb Homavandi/Reuters The best single measure of the ...

A routine task turned into a financial catastrophe. This oil rig was worth $350 million - until workers made a fatal mistake. Federal judge says results of North Carolina court race with Democrat ...

US drillers cut the number of oil rigs operating for the first time in three weeks, data from oilfield services provider Baker Hughes showed. The oil rig count, an early indicator of future ...

US drillers cut the number of oil rigs operating for the first time in three weeks, data from oilfield services provider Baker Hughes showed. The oil rig count, an early indicator of future output, ...

US energy firms this week cut the number of oil and natural gas rigs operating for the first time in three weeks, energy services firm Baker Hughes said in its closely followed report on Friday. The ...

June WTI crude oil (CLM25) Wednesday closed down -2.21 (-3.66%), and June RBOB gasoline (RBM25) closed down -0.0393 (-1.91%). Crude oil and gasoline prices on Wednesday extended this week’s ...

Some of the biggest US shale-oil producers plan to slash about 4% of their drilling rigs by the end of the year, according to a survey from one of the largest providers of the equipment. The ...

When Mr Donald Trump was inaugurated to his second term as the US President on Jan 20, oil prices were close to the highs of the summer before. By early April, they had fallen to a four-year low ...

The wife of a deceased Scottish footballer has paid touching tribute to her partner after his death on an oil rig aged 50. Scott Kemlo passed away from a heart attack during a three-week stint ...

An icon of a desk calendar. An icon of a circle with a diagonal line across. An icon of a block arrow pointing to the right. An icon of a paper envelope. An icon of the Facebook "f" mark. An icon ...

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 ...

In the summer of 2010, panic spread across the region when the Deepwater Horizon oil rig exploded in the Gulf, causing 134 million gallons to gush into the water. CBS News covered the spill for ...