The price of crude oil is steadily declining, leading to the abandonment of oil rigs in Scotland and other countries. Disassembling these massive rigs, which weigh around a thousand tons each, is ...

WASHINGTON -- A new report from the National Academies of Sciences, Engineering, and Medicine identifies strategies for improving the reliability of bolts used in offshore oil and gas drilling rigs, ...

An increasingly hot-button issue, oil rigs have become the physical embodiment of larger economic and environmental debates, garnering praise from conservative politicians and the ire of environmental ...

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 ...

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 ...

(Update) June 10, 2025, 5:14 PM EST: Article updated with DOE statement. North America cut two rigs week on week, according to Baker Hughes’ latest North America rotary rig count, which was published ...

Refinery fires and rig explosions in Texas almost never start with a single dramatic moment. The danger usually builds through smaller warnings that crews can see, hear, smell, and report well before ...

HOUSTON, Aug 5 (Reuters) - The falling number of oil and gas rigs deployed across the United States is reaching a level that would indicate onshore crude output from the world's top producer could ...

Oilfield services firms face slowdown despite rising oil prices Middle East exposure leaves major service firms vulnerable Repair work could revitalize oilfield services demand March 27 (Reuters) - ...