Experience the reasons behind the high salaries of workers on offshore oil rigs, where harsh conditions and demanding work lead to significant financial rewards. These employees endure extreme ...

RIG, a leading international provider of offshore contract drilling services for oil and gas wells, stands to largely benefit from the US government’s plan to bolster energy supply to unlock the ...

GARDENA, Calif. (KABC) -- An overturned big rig carrying coconut oil shut down the southbound 110 Freeway transition to the eastbound 91 Freeway for several hours in Gardena Monday, authorities said.

(Bloomberg) — A top executive at Diamondback Energy Inc. called on President Donald Trump’s administration to explain how the global trade war will help shale producers, a rare instance of public ...

An offshore oil platform with Santa Cruz Island in the background in California's Santa Barbara Channel. (Marli Miller/UCG/via Getty Images) ...

The number of active rigs drilling for oil and gas in the U.S. fell for a second consecutive week, shedding 2 to 590, Baker Hughes said Friday in its latest report. The decline reduces the total ...

Crude oil prices have plunged to their lowest level in four years, trading at $61.95 per barrel as of April 4 — a 7.47% drop from the previous close. Both Brent and WTI benchmarks are nearing ...

(Reuters) -U.S. energy firms this week cut the total number of rigs operating for a second week in a row, even as the number of oil rigs rose to the highest since June, energy services firm Baker ...

Baker Hughes said this week's decline put the total rig count down 30 rigs, or 5% below this time last year. Baker Hughes said oil rigs rose by five to 489 this week, their highest since June ...

Overall drilling activity slipped for a second consecutive week while the number of rigs drilling for oil hit an 11-month high. Oilfield services firm Baker Hughes said Friday its U.S. rig count ...

“Steel plays a crucial role in oil production, from drilling rigs to pipelines,” Perryman said. “Tariffs on steel will drive up costs for energy companies across the region.” Higher production costs ...

Recently, she had the opportunity to spend four days on a decommissioned oil rig converted into a dive resort. Divers stay on the oil rig and can take several dive trips there. It is a scuba diver’s ...