Ever wondered what it’s like to live and work on a massive structure floating in the middle of the ocean? Welcome to the world’s biggest offshore oil rig platform,a colossal engineering feat where ...

Drillers packing up gear, rig count drops, potential signal of tighter oil supply. Investors should watch oil stocks, ...

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a fifth week in a row to the lowest ...

As brutal winds lash the North Atlantic, the Ocean Ranger—touted as "unsinkable"—is battling the storm. By morning, the world’s largest semi-submersible oil rig is gone, swallowed by the sea. 84 crew ...

Offshore oil rigs are some of the largest structures found on the water, but are they just floating out there? How do they ...

Oil rose as stronger-than-expected US jobs data eased concerns about an economic slowdown that would crimp demand, spurring ...

US oil and gas rig counts hit their lowest since 2021 as drilling activity slows due to lower prices and market uncertainty.

The industry is bracing for the OPEC Plus oil cartel’s meeting on Saturday, which is widely expected to further increase oil ...

Oil prices fell over 1% lower on Friday and recorded for their biggest weekly losses since the end of March, as traders turned cautious ahead of an OPEC+ meeting to decide the group's output policy ...

Whether it's from an oil rig's mishap or deliberate wartime actions, oil being dumped into the ocean can cause horrible, lasting damage to life both under and above the water. Natural ...

April 20 marked 15 years since BP’s Deepwater Horizon rig exploded, releasing 134 million gallons of oil off the coast of Louisiana in the country’s largest oil spill. Oil gushed for nearly ...

an explosion at the BP Deepwater Horizon oil rig released over 130 million gallons of crude oil into the Gulf of Mexico. It was the biggest oil spill ever in U.S. waters and remains one of the ...