When ConocoPhillips won federal approval last year to explore for oil in the Alaskan Arctic, environmental groups warned the proposal was rushed through without adequate protections. Last week, an oil ...

Add Yahoo as a preferred source to see more of our stories on Google. Jan. 26—A massive oil rig that toppled on the tundra near the North Slope village of Nuiqsut on Friday remained too unstable for ...

A massive oil rig that tipped over and crashed to the tundra near the North Slope village of Nuiqsut on Friday was part of an ongoing and disputed exploration program in the National Petroleum Reserve ...

Idled oil rigs off the California coast could be back up and running soon if the federal government has its way. The Trump administration recently proposed a plan to open up the entire coast to new ...

Ukraine struck three Russian oil rigs operating in the Caspian Sea on Sunday following Moscow’s large-scale bombardment over the weekend that left thousands without heat or power in Kyiv. Footage ...

The country’s oil industry has undergone major shifts and two waves of nationalization since its first well started pumping in 1914. By Jonathan Wolfe Venezuela’s oil industry has undergone radical ...

Oil rigs, particularly the offshore type, are one of the most fascinating parts of the global energy industry. How do they work? How big can they get? Do they float on water? It's not surprising that ...

Want to learn how massive manmade structures built in the middle of the ocean? Watch this informative video breaking down the fascinating process behind constructing offshore oil rigs. Experience ...

The number of oil and gas drilling rigs in the U.S. fell by 10 to 544, after rising for five out of the previous six weeks, Baker Hughes said Friday in its latest weekly report. In the shortened week ...

NEW YORK, Nov 26 (Reuters) - U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in four weeks, with oil rigs dropping to a four-year low, energy ...

The price of crude oil is steadily declining, leading to the abandonment of oil rigs in Scotland and other countries. Massive rigs, weighing around a thousand tons each, are being towed into the ...