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 ...

FILE PHOTO: A gas torch is seen next to the Lukoil company sign at the Filanovskogo oil platform in the Caspian Sea, Russia October 16, 2018. REUTERS/Maxim Shemetov/File Photo KYIV, Dec 20 (Reuters) - ...

Brent crude oil prices fell to below $60 a barrel on Tuesday, the lowest since May, amid investor optimism over progressing peace talks between Russia and Ukraine, and a wave of oversupply hitting ...

KYIV, Dec 11 (Reuters) - Ukrainian aerial drones struck a Russian oil platform in the Caspian Sea for the first time on Thursday, halting production at the facility owned by Lukoil, according to an ...

Seniors tend to own their homes and have strong credit and ample savings, according to the FBI — all factors that make scams targeting seniors increasingly common. They’re also less likely to report ...

The US drilling rig count climbed 5 units during the week ended Dec. 5 to reach a total of 527 rotary rigs working, Baker Hughes Inc. reported. Land-based drilling was up 3 units from a week ago to ...

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 last week’s sharp decline. The total ...

The geology and science behind oil drilling can be quite interesting and important for understanding which companies are the right fit for your investment. When people talk about oil drilling, many of ...

FRESNO COUNTY, Calif. (KFSN) -- The Fresno County Coroner's Office has released the identity of the man who was killed while working on an oil rig near Riverdale as 29-year-old Alfredo Oronia from ...

FRESNO COUNTY, Calif. (KFSN) -- A 29-year-old man has died after being crushed while working on an oil rig in Fresno County, sheriffs say. Deputies were called around 10:45 a.m. on Monday about an ...

Fresno deputies report a 29-year-old worker crushed by falling steel. Incident occurred during oil rig removal on a Riverdale property Monday. Cal/OSHA and sheriff’s office opened an investigation ...

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 ...