Two people were injured after an oil rig collapsed Monday afternoon. It happened at about 2 p.m. in a pumping unit area when the oil derrick collapsed and forced other material to fall on top of it.

Families of the more than 120 men killed when an oil rig capsized 45 years ago were ... was being used as an accommodation block when it collapsed in the Norwegian North Sea during a storm in ...

However, the COVID-19 pandemic in 2020 crushed oil prices globally, causing the rig count to collapse to its lowest level since 2009. The price of oil would recover sharply in 2021, and then in ...

According to data from Baker Hughes BHI, the number of rigs drilling for oil and gas has fallen by about 20% in the past year. This decline reversed a steady increase that began after the rig ...

The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday, after a 5-rig drop in the week prior.

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, after a 4-rig drop in each of the two ...

Then last week, the oil rig count turned positive for the first time this year, hinting that perhaps it oil producers were ready to ramp up production with prices seemingly stabilized. But then on ...

The number of active rigs drilling for oil and gas in the U.S. fell by 4 to 580 to its lowest level since December 2021, Baker Hughes said Friday in its latest weekly report, after declining by 5 ...