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 ...

Try as so many private and government organizations might, switching everywhere on Earth over to clean, renewable energy — including some strange sources being explored — is still a long way away.

(Reuters) -U.S. energy firms this week cut the number of oil and natural gas rigs operating to their lowest since January, energy services firm Baker Hughes said in its closely followed report on ...

The total number of active drilling rigs for oil and gas in the United States decreased this week, with oil rigs declining by 65 year over year, while gas rigs increased. Despite the fall in active ...

Massive, offshore rigs the size of skyscrapers remain at sea around the world. Here's why these environmentalists say some should be left alone. An oil rig in the Gulf of Mexico, off the coast 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 as ...