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 federal government’s push to expand offshore oil drilling is back. The waters off Long Island are not part of the plan, ...

A 35-year-old man has been jailed for five years after a drilling rig fell off a trailer he was towing and landed on a woman's car, killing her. Liam Smith of Roselidden Parc, Helston admitted causing ...

The total number of active oil and gas drilling rigs in the US decreased by four to 576. US crude oil production fell to 13.477 million bpd, down from 13.481 million bpd the previous week. The Primary ...

Transocean Ltd (NYSE: RIG) provides offshore contract drilling services for the oil and gas industry. They have a fleet of 34 mobile offshore drilling units, which consist of 26 ultra-deepwater ...

The Permian Basin Petroleum Association says there is an encouraging amount of oil and natural gas drilling in the Basin and other experts report that the wide array of factors at play brews a great ...