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 ...

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 total number of active drilling rigs for oil and gas in the United States fell by 4 this week, according to new data that Baker Hughes published earlier this week, bringing the total rig count in ...

5 days Venezuela’s Oil in Floating Storage Soars to 29 Million Barrels 5 days Venezuela Fuel Oil Flows to U.S. Pushes Asian Premium to 8-Month High Julianne Geiger is a veteran editor, writer and ...

PROTECTING VENEZUELAN OIL REVENUE: Today, President Donald J. Trump signed an Executive Order declaring a national emergency to safeguard Venezuelan oil revenue held in U.S. Treasury accounts from ...

2019-06-29 An oil spill that began 15 years ago is up to a thousand times worse than the rig owner's estimate, study finds 2019-06-29 Federal judge blocks Trump from using Defense funds for parts of ...

President Trump on Friday called on top oil magnates to invest in new oil production projects in Venezuela as a deal with Caracas is around the corner, urging them to “rip out the old crap” and build ...

“Vast swaths of the ponderosa pine forests that blanket Colorado’s Front Range mountains could turn rust-colored and die over the next five years.” – Daily Camera front page story. Connecting these ...

HOUSTON – White House and State Department officials have told U.S. oil executives in recent weeks that they would need to return to Venezuela quickly and invest significant capital in the country to ...

U.S. President Donald Trump met to discuss Venezuela with executives from some of the world’s largest oil companies at the White House on Friday, saying he wants them to invest $100 billion in the ...