Designed to assist offshore oil rigs, it cost around 2.97bn dollars to build. The world's largest crane ship, which is capable of lifting oil rigs, has set sail from its shipyard in South Korea ...

U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the first time since July 2024, ...

President Trump has lifted some of former President Biden’s efforts to restrict oil and gas drilling on public lands and waters — though his move could face court hurdles. Trump’s decision ...

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 rose this week, according to new data that Baker Hughes published on Friday, after a 4-rig drop in each of the two ...

The number of oil rigs in the US fell by six in the week ended Friday, while crude futures were headed for the first weekly decline in five weeks. The count for oil fell to 472 rigs from 478 last week ...

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a third week in a row to the lowest since December ...