The total number of active oil and gas drilling rigs in the United States decreased by 2 to 537 this week, marking a continued slump. US crude oil production dipped for the second consecutive week, ...

More than 50 years ago, a catastrophic oil spill along Santa Barbara’s coastline served to galvanize the modern environmental movement and also helped to usher in one of the state’s strongest ...

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 ...

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 ...

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 ...

The words ‘drill, baby, drill’ were writ large across Donald Trump’s 2024 presidential campaign, and the three words have since summarised the US President’s oil and gas policy. The US’ oil reserves ...

HOUSTON, Sept 8 (Reuters) - The U.S. oil industry has laid off thousands of workers and cut billions in spending due to lower oil prices and the biggest consolidation in a generation, in what could ...

The geology and science behind oil drilling can be quite interesting and important for understanding which companies are the right fit for your investment. When people talk about oil drilling, many of ...