Ukrainian forces claim to have struck an elite Russian special forces unit stationed on an oil drilling platform in the Black ...

The total number of active drilling rigs for oil and gas in the United States fell this week, while weekly U.S. crude oil ...

The Trump administration could be days away from proposing a five-year drilling plan that would open new waters off the ...

Crude prices cap off four straight daily gains with a cumulative weekly loss of nearly a dollar. Near-month NYMEX crude ends ...

Oil prices have fallen sharply this year as the global supply has remained strong and demand has been slow to grow.

A recent Houston Chronicle story reveals Trump administration plans to open large swathes of the California coast to offshore ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

The number of oil and gas drilling rigs in the US gained 2 to 550, Baker Hughes reported, as rigs targeting crude oil ...

How could a single wave destroy one of the most advanced offshore rigs ever built? This documentary explores the 1982 sinking of the Ocean Ranger, the catastrophic chain of failures that followed, and ...

Top-paid oil rig operaters earn more than $89K. June 16, 2010 — -- The oil industry may be a magnet for controversy in the U.S. right now, with crude continuing to gush from BP's ruined deep ...

Kevin O'Connor spends four weeks at a time working on an offshore oil rig. Meredith Wilshere is a Society and Culture writer at PEOPLE. Her work has previously appeared on PS, Stylecaster, Business ...

We recently published 10 of Wall Street’s Outperformers. Transocean Ltd. (NYSE:RIG) is one of the top-performing stocks last ...