Ukraine said its drones struck a Russian oil rig belonging to Lukoil in the Caspian Sea and a military patrol ship near a rig as Kyiv steps up attacks on Moscow's oil

An ailing worker was pulled off a high-seas oil rig after suffering severe chest pains, with the entire daring rescue captured on dramatic Coast Guard video. A Coast Guard MH-60 Jayhawk chopper was called to the Platform Heritage rig about 35 miles off the ...

The total number of active drilling rigs for oil and gas in the United States rose by 1 this week, according to new data that Baker Hughes published earlier this week

Transocean Ltd. (NYSE:RIG) is one of the 7 best oil and gas penny stocks to buy according to analysts, supported by hedge fund interest and strong upside potential. On October 1, 2025, to strengthen its backlog in important offshore markets, Transocean Ltd ...

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 activists. Oil rigs present several unique challenges ...

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 fall in early 2026. U.S. energy companies are producing ...